The Federal Budget has been released, and for the current financial year, it is once again in surplus, albeit by a smaller margin than last year: $9.3 billion.This is better than the deficit which was forecast in last year’s budget. However, forecasts are showing four consecutive deficits beyond this financial year, which are estimated to […]
The final Federal budget before the imminent Federal election has been released. Given the proximity between these two events, the budget wasn’t expected to be overly frugal and there are goodies. There are one off payments and tax rebates coming to try and keep everyone happy. Some warranted, others debateable. It’s worth remembering we’ve had […]
Economic Overview Attention turned to vaccinations and reopening economies in the second quarter of 2021, by the end of the quarter over 3 billion vaccine doses had been administered globally. There are now strong indicators of a robust and lengthy economic expansion ahead. Around the world there are now businesses desperate to hire new employees, […]
Home Care remains the preferred option for many people, but the long wait has been a problem. A key measure in this year’s Budget is an extra 80,000 home care packages aimed at reducing the waiting time and helping more people age in their home for longer. If you want to talk about home care […]
The good news is that $17.7 billion more funds will be injected into aged care and none of it will come from higher fees for clients. The Government is fully funding the increase. Two key measures to be excited about are an extra 80,000 home care packages to reduce down the waiting time and […]