What are your thoughts, if any, on the budget?
Personally I am not really impacted personally, and my girlfriend is pretty much in the same boat. I will get a ~$20-$25 a week tax cut from what I have seen which doesnt really affect me very much, but of course is welcome.
I dont have kids and dont plan on having kids in the next 5 years so baby bonus/childcare does not touch me either. One of my friends has a 1 yo and I am happy for him as there appears to be some significant benefits for him and his partner.
One thing I dont quite get is how I may now be better off without private health insurance. I dont have health insurance now mainly because I never got around to organising it. I earn over the threshold so I will be paying the levy. With the changes to the threshold it does not make financial sense for me to get health insurance at the moment strictly from a saving money perspective, but I will look into it anyway because the extra cover may be worth it to me.
I'm wondering what will happen to the price of health cover once the new financial year rolls around though, will we really see 100,000s of people leaving private cover and will medicare be swamped as some are predicting.
In my opinion the $40b spent on infrastructure, health and education can only be a good thing, and will benefit the country a bit further down the track.
Your thoughts?
Personally I am not really impacted personally, and my girlfriend is pretty much in the same boat. I will get a ~$20-$25 a week tax cut from what I have seen which doesnt really affect me very much, but of course is welcome.
I dont have kids and dont plan on having kids in the next 5 years so baby bonus/childcare does not touch me either. One of my friends has a 1 yo and I am happy for him as there appears to be some significant benefits for him and his partner.
One thing I dont quite get is how I may now be better off without private health insurance. I dont have health insurance now mainly because I never got around to organising it. I earn over the threshold so I will be paying the levy. With the changes to the threshold it does not make financial sense for me to get health insurance at the moment strictly from a saving money perspective, but I will look into it anyway because the extra cover may be worth it to me.
I'm wondering what will happen to the price of health cover once the new financial year rolls around though, will we really see 100,000s of people leaving private cover and will medicare be swamped as some are predicting.
In my opinion the $40b spent on infrastructure, health and education can only be a good thing, and will benefit the country a bit further down the track.
Your thoughts?