What do pensioners get in the budget




















We offer support through our free advice line on Lines are open 8am-7pm, days a year. We also have specialist advisers at over local Age UKs. Back to top. Postcode Please enter a valid postcode Submit. Benefits and Entitlements. Changes to benefits due to the coronavirus pandemic There have been some changes to claiming certain benefits due to the coronavirus pandemic. What extra money are you entitled to? Help pay bills. Help boost income.

Help pay for care or bereavement. Retirees who own their own homes can get their hands on some extra cash each week by borrowing against the value of their property — the balance of the loan is paid when the property is sold. The budget papers say: "Eligible people will be able to receive a maximum lump-sum advance payment equal to 50 per cent of the maximum age pension. If you've never heard of the PLS, you might be about to.

The money will be spent on 80, new home care packages over the next two years, even though the royal commission found that as of June last year more than , older people were waiting for one. It's hoped this will mean fewer unanswered call bells and mean residents can spend more time with registered nurses. We want to hear your questions and comments about the budget and how it impacts you. You can submit your response here.

We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. Key points: The budget contains incentives for older Australians who want to sell their family home But if you don't want to move out, there's a scheme to unlock equity in it too Aged care was also a major focus in Josh Frydenberg's budget. Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume.

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