Australian government 250 payment

It was always designed to hit voters' bank accounts in the midst of the election campaign, and now cost-of-living relief will be paid out to Australians ...

The competition watchdog will monitor retailers to make sure these savings are passed on in full.” The one-off $420 tax offset will be applied in addition to the existing $1080 LMITO from July 1 once Australians begin filing their tax returns. Combined with our previously legislated tax cuts, low and middle income earners will now benefit by up to $1,500 and couples up to $3,000 from 1 July this year.” “A family with two cars who fill up once a week could save around $30 a week or around $700 over the next six months. “What is clear though is that if Labor is elected, Australians will face higher taxes. It was always designed to hit voters’ bank accounts in the midst of the election campaign, and now cost-of-living relief will be paid out to Australians within days.