Federal Budget 20/21 - Social Security & Aged Care

$250 economic support payments

Two tax-free economic support payments will be paid to aged pensioners, veterans and eligible concession card holders – one payment in November 2020 and the other in early 2021.

Aged care support for older Australians From 2020/21 the Government will provide 23,000 additional home care packages across all package levels.

Recent Posts

See All

Federal Budget 20/21 - Superannuation

Fund stapling Under this proposal, effective from 1 July 2021, once an employee has a super fund and they change jobs, their new employer will contribute to their existing fund. Employees will however

iShares July Market Recap

• Global share markets recorded mixed performance in July following the sharp recovery in share prices in the previous three months. The COVID-19 pandemic continued to present medical and human challe