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Search ResultsShowing 1 - 7 of 7 results for "Commonwealth Rent Assistance"
New approach needed for Age Pension: RIR
ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... the panel a specific increase to maximum rate of rental assistance by 40%. "Increasing the rate of Commonwealth Rent Assistance will only have a small impact. A new approach is required," the report said. In addition, the RIR found this increase would ...
Homeowners given preferential treatment: RIR
ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... wealth, a renter receives about $4000 less Age Pension per year. "Compared with the Age Pension, Commonwealth Rent Assistance is more targeted to lower-wealth households," it said. "About 20% of Age Pension expenditure goes to the top two wealth quintiles ...
At least $70bn more in stimulus needed: Grattan
KANIKA SOOD  |  MONDAY, 29 JUN 2020
... $100 per week from April 2021 ($2 billion plus and $8 billion plus over the two years), increasing Commonwealth Rent Assistance by 40% ($1 billion, $1.5 billion), and increasing childcare subsidies to improve incentives to return to work ($4 billion ...
Retirement income review must focus on women: KPMG
HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... pre-school aged child. The firm also wants to see super contributions given to all people receiving Commonwealth Rent Assistance - the bulk of which are women. KPMG said such a move would prove highly beneficial given their limited ability to supplement ...
Treasury agreed with Grattan SG modelling
KANIKA SOOD  |  TUESDAY, 24 SEP 2019
... increase should be scrapped, age pension test asset test taper should be relaxed and maximum rate of Commonwealth Rent Assistance should be increased. A key finding was the budget could reclaim $2 billion by scrapping the ramp up of compulsory super ...
Income only falls by 11% in retirement: Grattan
KANIKA SOOD  |  TUESDAY, 16 APR 2019
... and save $2 billion a year. Instead, the Government should focus on boosting the maximum rate of Commonwealth rent assistance by 40% which could be worth more than $1400 a year for a single retiree, it said. "The main beneficiaries from a higher Super ...
Grattan says Aussies retiring comfortably, ISA responds
KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
... today to 57%by 2056," the report said. The report calls for a 40%increase in the maximum rate of Commonwealth Rent Assistance - worth more than $1,400 a year for a single retiree. It also wants to loosen the Age Pension assets test, saying it could boost ...
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