News
7 April, 2024
Cost of living solutions for seniors
NATIONAL Seniors Australia (NSA) has released its three key policy recommendations as part of the Pre-Budget Submission 2024.
NATIONAL Seniors Australia (NSA) has released its three key policy recommendations as part of the Pre-Budget Submission 2024. The recommendations to combat the cost of living crisis for seniors are the fuel excise, cost-of-living rebate, and deeming a rate freeze.
NSA CEO, Chris Grice, said- “One of our key recommendations is to reduce the impact of rising fuel costs by temporarily reducing the fuel excise by up to 20c a litre while oil prices remain high.”
He added by saying Australian motorists are paying 49.6 cents in excise per litre, which is causing people to feel the pinch.
Mr Grice suggests there should be electricity bill rebates similar to the 2023 Energy Bill Relief.
He would also like to see a freeze on deeming rates for another 12 months.
“A dramatic lift in deeming rates on 1 July would impact pensioners to part-pensioners to aged care residents,” Mr Grice said.
