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Showing 1 - 10 of 90 results for "Medicare"

Treasury launches minimum tax on discretionary trusts draft legislation

KARREN VERGARA  |  FRIDAY, 4 SEP 2026
... generally not be affected by the tax. If no beneficiary is made entitled to trust income, the highest marginal rate plus the Medicare levy will continue to generally apply to the income in the hands of the trustee," he said. Treasury estimates that less ...

Government consults on discretionary trust tax

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... not be affected by the tax, and if no beneficiary is made entitled to trust income, the highest marginal rate and the Medicare levy will also continue to generally apply to the income in the hands of the trustee. Currently, less than 15% of small businesses ...

Australian women most likely to retire early

ELIZA BAVIN  |  TUESDAY, 7 OCT 2025
... government responded to a Senate inquiry on menopause by supporting 16 of 25 recommendations, including the implementation of Medicare rebates for menopause health assessments, the development of clinical guidelines and training for healthcare professionals ...

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... Treasurer Jim Chalmers remains fully committed to the super tax, labelling it as "concessional" while bolstering things like Medicare, cost-of-living relief and easing housing problems. Last month, Liberal Senator Andrew Bragg condemned the bill, claiming ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... concessional tax treatment for people. It's slightly less concessional. And it helps us fund things like stronger Medicare or tax cuts or cost-of-living help or building more homes. And so, it's an important part of our budget." As part of the ...

Inflation slows, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
... policy continues to be at odds, with a number of measures, including the tax cuts, student debt cuts, and the spending on Medicare and PBS to a lesser extent, likely to be mildly inflationary" Chesler said. "Unemployment hasn't budged from its historically ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... would give the average earner around $536 more per year once implemented. Additionally, the government will increase the Medicare levy low-income threshold. Energy bills will also be reduced by $150 this year - costing the government around $1.8 billion. ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... years' time," he said. Supplementing these tax measures, the government also announced it will retrospectively raise the Medicare levy low-income threshold by 4.7%, effective from 1 July 2024. Budget documents said this should help over a million ...

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
... prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. The government is investing $1.8 billion to list more "life-changing and life-saving medicines ...

What to expect in the 2025 Federal Budget

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... concrete commitments emerging from the Budget that address client concerns which also includes childcare, education and Medicare," Viridian general manager of advice Brett Arnol said.
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