๐กHere are some key updates from Australia today, July 1, 2024:
๐Government Payment Increases: More than 2 million Australians will benefit from increased government payments due to indexation. This includes boosts to the Age Pension, Disability Support Pension, Carer Payment, Family Tax Benefit, and other allowances. These changes are aimed at alleviating the cost-of-living pressures for families and pensionersโ (
7NEWS)โ.
๐Tax Cuts: Starting today, new tax cuts are in effect, aimed at providing relief to middle-income earners. The tax rates for various income brackets have been adjusted, benefiting approximately 13.6 million taxpayers. The changes include reducing the 19% tax rate to 16% for incomes between $18,200 and $45,000 and the 32.5% rate to 30% for incomes between $45,000 and $135,000โ (
Prime Minister of Australia)โ.
๐Other Headlines:
A tragic incident involving a two-year-old girl with flu symptoms.
A Melbourne fishermanโs family speaking out after his death.
An ambulance accident involving a paramedic after an 18-hour shift.
A violent carjacking in Geelong resulting in a woman being slashedโ (
7NEWS)โ.
๐ซFollow up for more:
https://t.center/australian
