From www.savings.com.au: The 2025 Federal Budget provides relief for pensioners through a $150 energy rebate, an $8.5 billion investment to boost bulk billing, and a freeze on Pharmaceutical Benefits Scheme medicine costs.
Medicare levy income thresholds will increase, exempting around one million pensioners from the levy, while aged care funding will rise by over $906 million.
The budget statements make no changes to deeming rates that affect welfare payments, maintaining these at low levels and avoiding potential cuts to benefits.