FEDERAL BUDGET 2021 EDITION
Around 67,400 taxpayers in Dickson will benefit from tax cuts of up to $2,745 this year. This is a result of the Morrison Government’s decision to extend the low- and middle-income tax offset to 2021-22 and the decision to bring forward Stage 2 of the Government’s tax relief plan.
75,300 people in Dickson have already benefited from the plan.
The Government has increased the Child Care subsidy for families, with more than one child under age five in childcare. We have also removed the $10,560 cap on the Child Care Subsidy. This will benefit 1,710 families in Dickson.
Skills and Training
A new 50% wage subsidy will help create 170,000 new apprenticeships and traineeships, building on the 1,785 apprenticeships we already have in Dickson. There is also an extended and expanded JobTrainer Fund, which will support more than 450,000 new places to up-skill job seekers and young people.
The Budget includes a $17.7 billion investment in aged care over the next five years. This additional funding will provide practical and targeted improvements including 80,000 new home care packages in the next two years and $10 extra per resident per day for those in residential aged care from 1 July.
For anyone in our community thinking of downsizing there is also good news.
From 1 July, Australians aged over 60 will be able to make a one-off, post-tax contribution of up to $300,000 per person (or $600,000 per couple) to their super when they sell their home.
For those not wishing to sell but still wanting to increase their cashflow, there is the Pension Loan Scheme, which allows eligible singles and couples to access up to almost $20,000 in a one-off non-taxable cash payment by borrowing against their home (if it is owned outright).
Building Better Roads
The Budget invests an extra $2 billion in upgrades to the Bruce Highway helping to build better transport links right across Queensland. In our local community, there is an additional $25 million in funding to flood proof Youngs Crossing. The upgrade will see a new four lane bridge built using the existing alignment.
These are just some of the measures included in the Budget. If you would like to find out more please, visit Budget.gov.au
What’s important to you?
I want to know what’s important to you.
I’m working hard to make our community even better but I can’t do it on my own. I need your help to make sure we get the priorities right for our community.
With your help, and by working together, I know we can get the upgrades, facilities and opportunities our community needs to be even better.
Get in touch
Please get in touch with me at email@example.com or 3205 9977 to let me know your priorities for our community.
Or you can drop in to my next mobile office.
I am coming up to 2600 visits in my mobile office and have helped thousands of residents with local issues. If you see me out and about with my caravan, please drop in.
Alternatively, you can drop by my office in on Gympie Road in Strathpine during business hours. Or visit my website www.peterdutton.com.au for more information