p>Member for Lingiari, Warren Snowdon said the Government’s plan included increases to pensions and family payments as well as tax cuts so people can do their bit for climate change while looking after the household budget.
THE HON WARREN SNOWDON MP
Member for Lingiari
Today the Government’s Clean Energy Future Household Assistance Package was passed by the House of Representatives.
Member for Lingiari, Warren Snowdon said the Government’s plan included increases to pensions and family payments as well as tax cuts so people can do their bit for climate change while looking after the household budget.
“The Australian Government’s plan means in total almost 32,000 people across the electorate of Lingiari will receive household assistance, 80% of residents will be taking home more pay thanks to the Government’s tax cuts,” Mr Snowdon said.
More than 10,800 pensioners will receive an increase in their payments, those holding a Commonwealth seniors health card will receive $338 extra per year for singles and $510 per year for couples.
Mr Snowdon said the Opposition Leader and the Coalition showed their true colours by voting against the increases to pensions and family payments, and against the tax cuts, assistance measures the Opposition is promising to strip away.
“The Opposition Leader is ready to claw back the tax cuts and the family payments, and our local pensioners would have their pension increases ripped away.
“The Government’s plan to put a price on carbon will protect our economy, protect our environment and provide households with proper assistance as we move towards a clean energy future,” he said.
“By voting against these important tax cuts and payment increases, the Opposition Leader and the Coalition have turned their backs on families and pensioners in the Northern Territory.”
Under the Government’s Clean Energy Future plan:
- Every taxpayer with an income below $80,000 will receive a tax cut, with most getting at least $300 a year.
- Pensions will increase by $338 per year for singles and $510 per year for couples.
- Commonwealth Seniors Health Card Holders will receive an extra $338 per year for singles and $510 per year for couples combined.
- Government allowances and family assistance payments (such as the Family Tax Benefit A) will increase by 1.7%.
- Pensioners will receive a lump sum advance payment of up to $250 for a single pensioner before the carbon price begins, to make sure they have extra money in their pockets to help meet the price impacts.
For example, a family with two children with a total annual income of $85,000 is expected to face average price increases of $570 per year due to the carbon price. They will receive assistance of around $948 per year through tax cuts and increased Family assistance payments. They will be $378 per year better off.
On average, the expected increase in costs due to a carbon price will be less than one cent in the dollar. For example, a single pensioner on the maximum rate may see a price impact of $204 per year to their budget, but the increase in their pension payments will leave them $134 better off.
“While the Opposition Leader and the Coalition keep ignoring the needs of households, this Labor Government will support families and pensioners as we move to a clean energy future together,” Mr Snowdon said.
Media Contact: Marcus Butler 02 6277 7820