Both pensioners and most working Australians will receive a one-off payment in the budget, Treasurer JoshFrydenberg has hinted. auspol Budget2022 7NEWS
He also wouldn’t say whether he would extend the low and middle income tax offset for a third year in a row, a tax break of up to $1080 when people make their tax return.
There would also be a $44 million program that provides $10,000 for employers who take on seniors with a disability.Shadow treasurer Jim Chalmers said he was expecting some movement both on this tax break and fuel excise, adding that Labor was unlikely to stand in the way of such measures. Mr Frydenberg warned inflation will accelerate as a result of a spike in fuel and food prices due to the war in Ukraine, and that will be reflected in the budget forecasts.Millions of Aussies will receive a $250 cash payment within weeks. Here’s who’s eligible
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