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NATIONAL HEALTH REFORM FINALISED

Bank of Melbourne Point Cook is now open

THE HON JULIA GILLARD MP Prime Minister , Member for Lalor The public debate on the Government’s plan to put a price on carbon pollution has been rigorous. Unfortunately, however, Tony Abbott and his colleagues have not always been honest.

For all your personal and business banking, visit the newly opened Bank of Melbourne branch located in the Point Cook Town Centre. Our new branch features the latest technology, including a coin deposit machine, to help with bulk coin deposits, and a new ATM, which incorporates technology to make cheque deposits faster and easier. Branch Manager Sue Reynolds is pleased to be able to offer for personal and business customers a core range of banking products. From competitive home loans, which could see you own your home sooner, to savings and investment accounts to help you realise your financial goals. Plus you’ll have access to our specialist team of a lending manager,

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relationship manager, financial planner, and insurance specialist. The team at Bank of Melbourne Point Cook are happy to talk you through a range of banking options to find the one that best suits your circumstances. So visit Bank of Melbourne Point Cook Town Centre, say hello to Sue and her team. If you have banking questions, they'd love to help.

Issue 21

Bank of Melbourne Point Cook Coles Precinct phone 8366 1500

Under the Government’s plan for a Clean Energy Future, households will receive assistance to help families balance their budgets. This assistance will come through a combination of extra payments and tax cuts. When the carbon price starts in July next year, the Government will provide assistance to Australian households to help meet the expected average price increases to things like food and electricity as a result of putting a price on carbon pollution. It is expected that the carbon price will add 0.7% to the Consumer Price Index. That is less than a cent for every dollar spent. The impact of the GST on the CPI was 2.5%. A family with two children with a total annual income of $85,000 is expected to face average price increases of $570 per year due to the carbon price. They will receive assistance of

around $948 per year through tax cuts and increased Family assistance payments. In other words, they will be $378 per year better off. Single rate pensioners will get a pension increase of $338 per year, and on average will be $134 better off after carbon price impacts. Pensioner couples will get $510 per year extra and will be $226 better off compared to average carbon price impacts. The Government’s household assistance package is permanent and ongoing and will be indexed to the CPI. The Government will ensure the ongoing adequacy of Household Assistance. The Government’s Clean Energy Future package is about protecting our economy, creating jobs and protecting the environment for our children and grandchildren. Climate change is real and my Government is getting on with the job of providing proper assistance to households as we move to a clean energy future.

Issue 21

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Around Point Cook 21  
Around Point Cook 21  

Community newspaper Issue 21, October 2011

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