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Federal Budget Priorities 2021-22

Federal Budget Priorities 2021-22

23 February 2021
Federal

Our recommendations focus on helping older Australians invest in their future, as well as fixing aged care and the retirement income system.

Summary
Summary: National Seniors Australia Federal Budget Priorities 2021-22 The 2021-22 Budget is crucial due to the aged care crisis, pandemic, and economic uncertainty in Australia. Recommendations include creating a Home Care Loans Scheme with a low interest rate to help older Australians stay in their homes. Addressing pension poverty for seniors who rent is highlighted as a priority, with proposed changes to taper rates and deeming rates. Suggestions for a universal pension system and tax reform to provide a safety net for retirees. Encouraging investment in renewable energy infrastructure through a green infrastructure bond scheme is proposed to address climate change concerns.
Federal Budget Priorities 2021-22

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Giving older Australians a better future

National Seniors is a not-for-profit membership and advocacy organisation that gives older Australians – working and retired – a strong national voice. We tackle issues such as age discrimination, mature age employment, the Age Pension, social inclusion, cost of living concerns and more.

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