View Poll Results: How much will the budget affect you? and can you afford it?

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31. You may not vote on this poll
  • the budget will not affect me very much at all

    6 19.35%
  • The budget will affect me, but it wont cause me any financial difficulties

    6 19.35%
  • the budget will affect me, and will cause me to tighten my belt a bit

    10 32.26%
  • the budget will affect me substantially, and will cause me financial difficulties

    5 16.13%
  • the budget will affect me substantially, and I am not in a position to afford these changes AT ALL

    4 12.90%
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  1. #51
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    So is ppl now 26 weeks worth instead of 18?

  2. #52
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    Quote Originally Posted by XmasDayBub View Post
    So is ppl now 26 weeks worth instead of 18?
    No - it has to pass senate. Nothing is done yet and everything looks pretty uncertain.

  3. #53
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    I've been very vocal about how bad and unfair this budget is and I still stand by that.

    I did just read that FTB B will no longer be available to those single parents who earn between $100,000 and $150,000. But those who earn less will still receive it. I'd this the case?

    If so then single parent who say earn $80,000 still get FBT B. Has the rate gone down too?

    Also what are the laws around child maintenance? Do all father have to pay it and if so, does that get added to a single mothers wage for purposes of tax benefit cut offs?

    Sorry I'm just unsure how it all works and I'm a bit confused by the new FBT B rules and who it effects.

  4. #54
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    Quote Originally Posted by Lili81 View Post
    No - it has to pass senate. Nothing is done yet and everything looks pretty uncertain.
    What's the power situation like in the senate at the moment?

    I'm all for trying to get us out of debt. BUT! It is a debt that has been racked up by generations of Australians over a period of time. We are at that point in life where we do not have a DINKS income, I am not working so can't be entitled to the ppl, our kids are all young and would need full-time care/OOSH if I returned to work. Perhaps a less aggressive approach would be best and pay the debt back just a little slower. Debt levy as a percentage of income above a certain amount sounds like a great idea. Of course capping it at some point for the extra-high income earners. That way people earning the low incomes would pay nothing, the ones in the middle would pay according to their means and the top ones can't get too shirty about having to pay an incredible tax.

  5. The Following User Says Thank You to Little Ted For This Useful Post:

    Bluebirdgirl  (15-05-2014)

  6. #55
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    let's say it's not an easy senate for TA.

  7. #56
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    @Little Ted check my thread about the Australian debt. We are in a good position

    Also TA is only shuffling money around - his budget is NOT saving any money. Ie the cuts from welfare, education etc don't go towards lowering the debt, it is spend somewhere else (defense, research, ballerinas...)

  8. #57
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    Quote Originally Posted by crankyoldcow View Post
    Single parents will lose full FTB B after their youngest child turns 6 - this comes into affect from July 1 2017.

    Single parents who lose FTB B will be eligible for $750 (?) per year for children between 6 and 12.

    Yes, child support does affect the amount of FTB A a single parent receives.

    Do fathers have to pay child support ? Well technically yes, but there are those that don't and seem to get away with it, CSA being a toothless tiger and all that.
    Is it 6? Far out! I thought it was 8. I'm more screwed than I initially relised!

    Sent from my GT-I9505 using The Bub Hub mobile app

  9. #58
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    I drive 50ks to work and back. I think it's fairly normal.

  10. #59
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    Quote Originally Posted by crankyoldcow View Post
    Definitely 6 - Katiesmum has posted a summary of budget changes on the first page of this thread.

    ETA it doesn't come into effect until July 1 2017 though.



    I guess the one benefit then is, people can try and save between now and then (I know that's not possible for everyone), then come 2017, its only 1 year before the next election, we all vote TA out and labour fix it all up....?

  11. #60
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    Quote Originally Posted by crankyoldcow View Post
    Definitely 6 - Katiesmum has posted a summary of budget changes on the first page of this thread.

    ETA it doesn't come into effect until July 1 2017 though.
    Oh that might be where the age confusion came from. Thanks for clearing it up.

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