jad n rich

Not sure this lot will be in any hurry to spent it, or worry where the economy is going

http://www.news.com.au/business/mone...017313,00.html

ozzieeagle

On 3AW here in Melbourne Yesterday, Derryn Hinch reported that a UK woman that hadn't lived in Australia since the 1960's got the package.

I dont know how that could be, especially with the tax return etc, but I think it was something to do with the pension, and reciprocal arrangements.

jad n rich

I think the only thing I am going to get is screwed

We are what Mr Rudd considers wealthy, a family making 100k plus, hardly Bill Gates league however the precise people Mr Rudd thinks should pay for his latest borrowing spree.

Stuffed I would say.

Amazulu

Yes, we are going to pay some of it but our children are going to pay the rest.

ozzieeagle

Hopefully it will be your ultimate employers the Chinese that end up paying the brunt of this.

Burbage

Who gets this money?

Am i going to lose out again as a single?

ozzieeagle

If you earned less than circa 100,000 tax last year on your return, you'll get 900 bucks in April.

Burbage

I don't earn tax, I pay it.

Do you mean less than 100k taxable income?

Burbage

Looked this up and I'm not eligible. One wonders why they give money that must be spent to people who probably can't afford to spend it.

I would have spent it. No worries mate.

ozzieeagle

Just checked, its hard to get an exact figure for the Taxable income this link says 80,000 Aud.

Hopefully someone has the exact cut off point.

http://newmatilda.com/2009/02/03/old-fashioned-handouts

Cheetah7

I spoke to the ATO last night and they said Mr PP and I will get a cheque each for the maximum amount.

I heard on the news that it is hoped that anyone in receipt of the benefits will spend it on Aussie made stuff to boost the economy.

steve`o

what aussie made stuff ???? all i see in the shops is

made in china

spilko

I'm pretty sure its $100,000. But you don't get the full amount above $80,000.

petensue

Don't worry my family will spend it as our income is under $50,000 and with three children we don't usually have much spare cash.Sue.

PaulandNic

Or Taiwan!

But remember we have Holden ... and Australians and Holder are tougher! ...