Thursday, August 4, 2011

MORE MONEY IN YOUR POCKET UNDER LABOR’S PLAN TO TACKLE CLIMATE CHANGE


GOVERNMENT STATEMENT & LINKS

The Gillard Labor Government has a plan to build a Clean Energy Future for our children and grandchildren by charging our biggest polluters - and return every cent to assist households, support jobs and tackle climate change.

A carbon price is paid by our biggest polluters – not ordinary older Australians.

Because some of these big polluters may choose to pass on these costs to households, we have announced a comprehensive household assistance package, aimed at those who need it the most.

This assistance will mean that both pensioners and self-funded retirees that hold a commonwealth seniors health card will $338 extra per year if single, and $510 per year for couples, combined.

On top of this, all older people with an annual taxable income of under $80,000 will get a tax cut, with most receiving $300 a year. This means a self-funded retiree couple with a single taxable private income of $50,000 will get assistance that provides $524 per year more than their expected average price impact.

Self-funded retirees who do not pay tax and do not receive a pension may be eligible for an annual $300 Low Income Supplement.

And older people will not face a price rise on fuel for their cars and light commercial vehicles, as a result of a carbon price.

I am proud of our record in supporting older people as they retire or while they are still working. Pensions are already $128 higher a fortnight for maximum rate singles and $116 higher for couples combined on the maximum rate since Labor’s pension reforms took effect.

And our new Pensioner Work Bonus will mean pensioners can keep more of their pension while working part-time.

If you would like to find out more about Labor’s household assistance package, or our plan to build a clean energy future, please call my Electorate Office on 03 6334 7033.

Yours Sincerely,

Geoff Lyons MP
Federal Member for Bass

USEFUL LINKS

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