The budget still has to pass through parliament so once it receives royal assent then the people who are on 'grandfathered' PPS will have their payments stopped. I imagine it will be sometime in June when parliament next sits and all these changes take effect.
I am not eligible for the grandfathered rate so no effect there, but the $210 supplement for PPS & the extra $300 FTB A from July 2013 will certainly come in handy.
A smile will gain you ten more years of life- Chinese Proverb
Just been doing some research on this and thought id share some links:
I thought by sharing these links those that were confused, or simply did not understand the situation for what it is or will be can now have a insight into the situation.
I have a question regarding this change. I am on grandfathered PPS. I am currently studying at Uni full time. This is part of my participation requirements.
My question is my son turns 8 in October. Will I be moved to newstart then or will it happen on 1st Jan 2013 when it takes effect?
It's too confusing!!!
Thanks guys :-)
At this stage it wont affect you until it is brought in (which is January 2013) so up until then everything remains the same.
Thank you :-)
My two cents worth is this:
How can it be possible that single parents or families earning upwards of $90,000 per year are still eligable for some Family Tax Benefit??? People on $150,000 are eligable for some FTB part B.
To me, this seems ridiculous. I am not suggesting that a family or single parent who earns, let's say, $80,000 a year doesn't have expenses but it seems totally WRONG that you have eligability when there are families and single parents who earn $25,000 a year, or even worse struggle on parenting payment.
Rent alone starts at about $15,000!
I fail to see how reducing welfare payments to an even lower amount has any morality or fairness in it. Already families and single parents are living way way way below the poverty line. People will end up homeless, having to give up their children and goodness knows what else because it is not possible to put every parent into employment and it's not always possible for a parent to work.
Taking this money away from the low income earners, well we all know what it does. It makes us homeless and unable to feed our children. Taking it off the high end earners is just a bit of a flea bite. Maybe little Johnny will have to give up soccer, which is only one of many interests he is involved in - hardly life threatening.
I'm not saying people shouldn't be encouraged to work. Most people do their best to find employment as soon as is practical for them to. It's no picnic struggling on welfare payments and most people do find work to improve their quality of life.
I agree that once our kids are in school we should make steps to be more financially supportive of ourselfes but this new budget is total utter b*llsh*t and will send the country back into the dark ages where people are homeless, hungry and sick.
What is wrong with this stupid McDonald government?
Last edited by Willow; 17-05-2012 at 10:06.
This worries me. Dd was born in June 2007 and I've been on PPS since July/August 2007. I'm planning part time study this year (July) and full time study next year. However I won't have finished my studies until about 2019 and that's if I do it full time the whole way. Dd will be 8 in 2015 I won't be working full time. I'll still be studying full time and maybe working part time if I can fit it in. I can't afford to get paid less. I'm lucky to live with my parents but I hope to be able to move out. These new rules make it
Impossible for me to do that. I hope they don't pass.
Last edited by Jensha; 17-05-2012 at 10:23.
Me Nursing Student
DD - 5
Fur baby, Jasper - 3