“CPSA was pleased to receive a letter from NSW Local Government Minister Paul Toole today informing CPSA that, despite a draft recommendation by the Independent Pricing and Regulatory Tribunal to dismantle the pensioner council rate rebate system, the NSW Government will keep the pensioner council rate rebate”, said CPSA Policy Coordinator Paul Versteege.
"The Government has caved in to the super rich by abandoning the $500,000 lifetime cap on after-tax contributions since 2007. It has replaced it with a cap of $300,000 every three years to a lifetime cap of $1.6 million", said CPSA Policy Coordinator Paul Versteege.
“ACCUs are Australian Carbon Credit Units traded by 150 large carbon emitting companies including electricity generators since 1 July 2016. The only part of the Emissions Trading Scheme that has been abolished is the Energy Supplement, which compensates for price increases”, said CPSA Policy Coordinator Paul Versteege.
“Pensioners are getting sick of being branded wealthy property owners just because they bought and paid off their family home over thirty or forty years of hard work”, said CPSA Policy Coordinator Paul Versteege.
“CPSA is concerned that the NSW Government’s Intergenerational Report focusses on how babyboomers will hold NSW’s economic performance back for decades to come without acknowledging past contributions, both economic and social, without factoring in the economic value of volunteering and grandparenting and without offering a strategy enabling babyboomers to continue to contribute”, said CPSA Policy Coordinator Paul Versteege in response to the NSW Budget.