Tonight’s Federal Budget will help deliver some crucial cost of living relief for older Australians, including energy relief for all households and a tax cut for around 4.6million people over 50 years, but older Australians will need to see more from our politicians during the upcoming federal election campaign, COTA Australia says.
COTA Australia – the leading advocacy organisation for older people – Chief Executive Officer, Patricia Sparrow, said Federal Budget measures such as a $150 energy subsidy over six months, an average tax cut of approx. $500 for people over 50 paying tax, expanding GP bulk billing to all Australians and giving people cheaper medicines, will provide some practical relief for many older people.
“As a whole, the Federal Budget recognises that Australians, including older Australians, are really feeling the pinch of the cost of living crisis and takes steps to alleviate some of that pressure,” Ms Sparrow said.
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