Se­niors Changes for 2018

Hills to Hawkesbury Living Magazine - - Community News -

Here are the top ten changes which will may af­fect Se­niors this year Car­ers are set to re­ceive an ad­di­tional $2.40 a fort­night in line with in­fla­tions

HOUS­ING AF­FORD­ABIL­ITY - New home­own­ers will not be able to claim the cost of in­spect­ing and main­tain­ing rental prop­er­ties as tax de­ductible. The change was de­signed to re­duce the pres­sure of hous­ing af­ford­abil­ity in the 2017-18 bud­get.

PASS­PORT COSTS - The cost of a 10-year Aus­tralian pass­port in­creases by $5, to $282. A five-year pass­port has gone up $3, to $142.

HEALTH - Three med­i­ca­tions, in­clud­ing a ground­break­ing can­cer fighter, will be added to the Phar­ma­ceu­ti­cal Ben­e­fit Scheme (PBS), slash­ing their price by thou­sands of dol­lars. Carfil­zomib is used to treat mul­ti­ple myeloma suf­fer­ers, while Alec­tinib is pre­scribed for lung can­cer pa­tients and Man­ni­tol for those with cys­tic fi­bro­sis. Around 1130 peo­ple are ex­pected to ben­e­fit from the ex­tra cov­er­age, which comes at a to­tal cost of more than $300 mil­lion. In­stead of $138,000, mul­ti­ple myeloma pa­tients for ex­am­ple will be charged $39.50 a script, while con­ces­sion hold­ers will pay just $6.40. De­fence vet­er­ans will be given greater ac­cess to an­tibi­otics as well as heart dis­ease and stroke med­i­ca­tions through the Phar­ma­ceu­ti­cal Ben­e­fits Scheme The govern­ment will pro­vide $5.7 mil­lion over four years to com­mu­ni­ties af­fected by con­tam­i­nated wa­ter sup­plies fol­low­ing the use of po­ten­tially toxic fire­fight­ing foams at the Tin­dal RAAF Base in the NT

OVER-THE-COUNTER CODEINE GONE - From Fe­bru­ary 2018, codeine medicines Nuro­fen Plus, Panadeine, Mer­syn­dol and Co­dral be­come avail­able only by pre­scrip­tion. Pain Aus­tralia has urged peo­ple who rely on these medicines to speak with their doc­tor to find al­ter­na­tives.

SU­PER­AN­NU­A­TION - From July 1 2018, the govern­ment has in­tro­duced an in­cen­tive for over-65s to down­size their homes, and make su­per con­tri­bu­tions up to $300,000, out­side the usual non-con­ces­sional (af­ter-tax) con­tri­bu­tions cap PEN­SION­ERS - From July 1 2018, to re­ceive Age Pen­sion or Dis­abil­ity Sup­port Pen­sion (DSP), a per­son will need: 10 con­tin­u­ous years of Aus­tralian res­i­dence in­clud­ing at least five years dur­ing their Aus­tralian work­ing life, or 10 con­tin­u­ous years of Aus­tralian res­i­dence and proof they have not re­ceived ac­tiv­ity tested in­come sup­port for cu­mu­la­tive pe­ri­ods of five years or more, or 15 years of con­tin­u­ous Aus­tralian res­i­dence.

10. CHILD CARE - Par­ents get ac­cess to a New Child Care Pack­age from July 2, 2018, where a new Child Care Subsidy (CCS), will re­place the cur­rent Child Care Ben­e­fit and Child Care Re­bate. The CCS will be sup­ported by the Child Care Safety Net and is de­signed to be sim­pler than the cur­rent multi-pay­ment sys­tem, and is ex­pected to of­fer more help to low and mid­dle in­come fam­i­lies. To be el­i­gi­ble to re­ceive CCS for a child, the child must be aged 13 years or un­der and not at­tend­ing sec­ondary school. The child also must meet im­mu­ni­sa­tion re­quire­ments and the par­ent or carer must meet res­i­dency re­quire­ments.

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