The old fiscal year has ended, and the new fiscal year has arrived.
At this time, some new regulations will take effect.
The following are some new regulations in the field of people's livelihood in the 2022-23 fiscal year.
Source: 9news
. Electricity prices will rise
The Australian Energy Regulator has just announced:
It will increase the Default Market Offer (DMO) for this fiscal year.
This DMO is applicable to parts of New South Wales, South Australia and Queensland. (Australia’s largest Internet celebrity Douyin account "Micro Sydney" will show you all the interesting things about life in Australia! A must-have for studying abroad, traveling and immigrating! Please search "Micro Sydney" on the Douyin account, we are waiting here Follow you! )
It has two functions. First, if you pay the electricity bill according to the "default contract", the electricity bill charged by the energy retailer cannot exceed the DMO.
Secondly, the DMO is also a "reference price". Energy retail When businesses promote their various "market quotations", they must use DMO as a reference and make it clear how much cheaper it is than DMO.
Source: 9news
9news reported that the annual DMO increase in New South Wales will exceed 220 knives (RMB1,100),
Queensland will exceed 160 knives (RMB800), and
South Australia will increase by more than 120 knives (RMB600). Yuan).
Although households paying under DMO account for only 10% of the total market, energy retailers are expected to increase prices accordingly. The report of
9news even said that if the current inflation still makes you feel nothing, then your next electricity bill may make you feel more stressed.
Source: news
. The minimum wage will rise
The Fair Work Commission decided to increase wages by 5.2%, which means that starting from July 1,
Australia's minimum wage will officially rise to 21.38 dollars per hour or 812.60 dollars per week (RMB4063 Yuan).
In 2021, the minimum wage in Australia is $20.33 per hour, and the weekly salary is $772.6 (RMB3863 yuan).
Picture source: 9news
3. Pensions increase
Starting from July 1, regardless of the employee’s salary, employers must pay pensions for eligible employees.
The previous regulation was that if the employee’s monthly salary was less than 450 dollars ( RMB2,250), the employer does not have to pay, which is equivalent to canceling this threshold.
In addition, the proportion of pension contributions paid by employers on behalf of employees will increase from 10% to 10.5%.
Picture source: 7news
4. Benefit increase
In this fiscal year, for families with children under 13 years old, Family Tax Benefit Part A will increase by up to $204.4 a year. If the child is 13 years old or above, it will increase by up to $255.5 a year.
If the youngest child in the family is under 5 years old, Family Tax Benefit Part B will increase by up to $164.25 a year, and for families with the youngest child between 5 and 18 years old, the maximum increase will be $116.8.
In addition, the income test for Age Pension, Disability Support Pension and Carer Payment will be relaxed.
Picture source: 7news
5. Living cost tax relief
Starting from July 1, more than 10 million Australians will be eligible to receive:
A one-time cost of living tax relief of 420 dollars (RMB2110 yuan).
This one-time reduction, combined with the existing Low and Moderate Income Tax Offset (LMITO), allows eligible single-income families to receive up to $1,500 in relief, and dual-income families can receive up to $3,000.
Picture source: 7news
6, Immigration
Starting from July 1, during the epidemic, people who hold the 482 Temporary Skill Shortage (TSS) visa to work in Australia will receive a new PR pathway.
TSS visa holders will be able to apply for the 186 Employer Nomination Scheme (ENS) visa through Temporary Residence Transition (TRT).
One condition that applicants must meet is:
From February 1, 2020 to December 14, 2021,
stayed in Australia for at least one year.
In addition to this, applicants must meet all other requirements for the ENS visa.
Picture source: smh
7, Telstra price increase
In the new financial year, Telstra will increase prices according to the Consumer Price Index,
This means that the basic package will increase by 3 dollars per month (RMB15 yuan),
The premium package will increase by 4 dollars per month (RMB20 yuan) ).
Picture source: 7news
Some of these new policies are paid by the government, and some are caused by the increase in the cost of living. (Australia's largest Internet celebrity Douyin account "Wei Sydney" will show you all the interesting things about Australian life! Study abroad, travel and immigrate A must-have! Please search "Wei Sydney" on Douyin, we are waiting for you!)
I hope the money will offset the rising costs!
