By MLC Market Watch Team

13 May 2009

How does the 2009 Federal Budget impact you?

MLC technical expert Gemma Dale has examined the Budget and identified the key areas likely to affect investors.

pdf In the video, Gemma looks at some of the key measures announced in the Budget including:

    
  • changes to the private health rebate system
  • the planned continuation of the first homer buyers’ grant
  • amendments to the Family Tax Benefit
  • the introduction of a paid parental leave scheme in 2011
  • an increase in the full Age Pension for both singles and couples
  • a progressive increase in the Age Pension age to 67 in 2017, and
  • changes to the tax treatment of employee share schemes.

Gemma Dale leads a team of technical specialists at MLC responsible for providing information to advisers and investors on a range of superannuation, tax and social security issues.

View the pdf Budget video here.

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