The Australian Federal government announced the $12.2 billion
Household Stimulus Package in the wake of the Worldwide Financial Downturn.
Payments are to have commenced during March, and the Tax Bonus for Working Australians in April. As yet I don't know anyone who has received them?
These payments are made up of:
- A Tax Bonus for Working Australians of up to $900 for eligible taxpayers, depending on income thresholds.
- A Single-Income Family Bonus of $900 to provide additional assistance for families that have one main income earner and may otherwise receive less assistance from the package than dual income families with similar household income.
- A Farmer's Hardship Bonus of $950 which will be paid to farmers and others receiving Exceptional Circumstances related income support.
- A Training and Learning Bonus of $950 to assist students, those returning to study or training, and some income support recipients.
- A Back to School Bonus of $950 per child to assist low- and middle-income families eligible for Family Tax Benefit A with school-age children.
Whether you are for or against them... they are coming.
Has anyone out there received their 'Bonus'?
From all reports they are to be staggered out... yet I don't know an individual yet that has received them.
Would be happy to hear from someone that has got that 'cheque in the mail' so to speak.