Age and veterans service pension work bonus – double

Summary of proposal

The proposal would increase the work bonus to $600 per fortnight and cap the income bank at $11,800.

The proposal would commence on 1 July 2025 and be ongoing.

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Age and veterans service pension work bonus – double

Summary of proposal

The proposal would increase the work bonus to $600 per fortnight and cap the income bank at $11,800.

The proposal would commence on 1 July 2025 and be ongoing.

Read more

Welfare payments

Summary of proposal

This proposal would make the following changes to Australia's social welfare system: 

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Welfare payments

Summary of proposal

This proposal would make the following changes to Australia's social welfare system: 

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Welfare payments

Summary of proposal

This proposal would make the following changes to Australia's social welfare system: 

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Savings account

Summary of proposal

This proposal has three components. 

Component 1: Superannuation tax structure 

This component would alter the taxation of superannuation by: 

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Savings account

Summary of proposal

This proposal has three components. 

Component 1: Superannuation tax structure 

This component would alter the taxation of superannuation by: 

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Savings account

Summary of proposal

This proposal has three components. 

Component 1: Superannuation tax structure 

This component would alter the taxation of superannuation by: 

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Dividend imputation credit refunds

Summary of proposal

The proposal involves two options to change the tax treatment of franking credits attached to distributions (otherwise known as imputation credits) from a refundable tax offset to a non-refundable tax offset: 

Option 1: Make franking credits non-refundable for all individuals and superannuation funds. 

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Dividend imputation credit refunds

Summary of proposal

The proposal involves two options to change the tax treatment of franking credits attached to distributions (otherwise known as imputation credits) from a refundable tax offset to a non-refundable tax offset: 

Option 1: Make franking credits non-refundable for all individuals and superannuation funds. 

Read more