Budget 2024 Archives - Make Income

Tag: Budget 2024

Energy Bill Relief, Rent Assistance Boost: Budget Cost of Living Measures Explained Australia

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In response to calls for cost-of-living relief, Treasurer Jim Chalmers has introduced significant measures in the 2024-25 federal budget, including energy bill rebates, increased rent assistance, and changes to paid parental leave. Energy Rebates Starting July 1, every Australian household will receive a $300 credit on their electricity bills, and small businesses will get $325. […]

Understanding the Impact of Revised Stage Three Tax Cuts in Australia

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Prime Minister Anthony Albanese has introduced alterations to the third stage of tax cuts—a pivotal and contentious component of Australia’s income tax adjustments—aiming to augment advantages for individuals within lower and middle-income brackets. Since the government’s announcement in January regarding modifications to the structure of the third stage tax cuts, public attention has been fixated […]