Can someone explain this budget to me??

[Floweryfields]

I am with BG on this one, the govt should not be held responsible for how people choose to live. If you are earning $150 000 you are well off -on paper, what you do with it after that, is no one's responsibility but your own. According to that theory, a billionaire would still be elligable to receive payments if he had enough loans and expenditure to mean he had little left over!!!

[Phteven]

Anyone who is struggling on 150k pa needs to rethink their budgeting priorities.

Can someone clarify the tax offset for supporting a spouse - one article I read said it had been cut and another said it had been only been cut if you have no dependent children.

[Floweryfields]

If you earn $150k and are still penny pinching then perhaps you've extended yourselves too far. Everyone has a choice and I get sick of people who say we earn $150k but have lots of bills, poor us. The fact is they are still earning 3 times as much as the person on 50k.

Yep

Anyone who is struggling on 150k pa needs to rethink their budgeting priorities.

and yep - maybe walk a mile in the $50 000 income before you claim $150k is not much.


Any news about the childcare hourly rebate?