$166k? Holy moly!
$166k? Holy moly!
And for the record, my dh had a work accident some time back meaning he was unable to work for nearly 3yrs so it took us a long time to clear debts and get on top of things again once he was able to return to work.
For those interested I have a correction for my post a few pages back...
The 30% rebate was first introduced 01/07/1999.
In 2005 they introduced the seniors rebate (35% and 40% for 65 and 70 year olds respectively)
Before the 30% rebate the government had a system called the Private Health Insurance Incentive Scheme (PHIIS). It ran from 01/07/1997 - 30/06/1999
Being from what the majority in here (and maybe elsewhere) would call a high income household I have to agree with comments that if $1,000.00 a year is going to have a negative impact on your lifestyle then you need to sit down and make some adjustments to your budget.
I admit that I will sometimes complain about having to pay more tax, receiving less and less from the government in rebates etc but I would sure as hell rather be complaining about $1K a year on the income we are on then having to find that money on $50K a year.
I have not always been in the income bracket that I now find myself and I think that when you start to earn good money you tend to forget 'reality' and that not all people are in the same financial position and that your lifestyle might not actually be the norm.
I'm going to go out on a limb here and risk the barrage of insults that will likely arise
$1k is not going to hurt us in terms of not being able to pay bills, etc. it's just $1k of our well earned cash that would have otherwise been disposable income to spend how we chose, and instead now it's going to the government. But I just shouldn't be bothered about it yet? If I happened to have $1k in my wallet (!) and lost it, I shouldn't bat an eyelid?? Yeah right! It's frustrating.
If they said what this money was actually for it would be a lot easier to swallow. I don't think the government have actually been clear about this but they don't have to as the majority of Australians who are not classed as high income won't question it in the slightest as its just "middle class welfare" (a ridiculous term but let's not go there for now). People are not asking the right questions of Labor about where this is going and who it is going to help. For example if people told me it was going to help increase nurses wages I would be stoked!! Or extra childcare or hospitals or whatever. But nothing has been said.
I don't actually think this change will end up costing us $1k so not sure where that figure came from but it's just an illustrative example.
We spend over $1k a year on charitable donations. We are not going to stop this at all, but friends of mine are. I don't personally agree with that decision but can understand why they are going to do it - so they are not "worse off". It's a shame if there are consequences like that.
I might be able to shed some light on this for you....
The medicare Levy Surcharge, goes towards maintaining the medicare system.
For the record....
Tier 1 for families MLS 1% (rebate reduced to 20%/25%/30% for up to 64/65-69/70+)
$166001 - $192000 = MLS $1660 - $1920
Tier 2 for families MLS 1.25% (rebate reduced to 10%/15%/20% for up to 64/65-69/70+)
$192001 - $258000 = MLS $2400 - $3225
Tier 3 for families MLS 1.5% (rebate removed)
$258001 + = MLS $3870+
Last edited by Izy; 17-02-2012 at 17:27.
Recently there have been law suits happening in the community services sector that are really exciting. The unions representing a large chunk of not for profits and community service workers are putting the argument forward that a large amount of their workers are women and that it's discriminatory that their wages are so low (to simplify). They're making a lot of progress: http://www.hsu.net.au/news/1328098260_31033.html
Being Friday afternoon I'm not running at max brain power lol but Ill try to post some other things soon.
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