Queensland seniors are the big losers in the State Government 2014-15 budget, with a range of concessions for expected to be cut.
The reductions are the result of the Federal Government’s announcement to cut end the National Partnership Agreement on Certain Concessions for Pensioner and Seniors Card Holders. The termination will cost Queensland $54.2 million in 2014-15 and represents 15 per cent of the total funding for pensioner and seniors concessions.
Cconcessions likely to be affected include:
- Electricity Rebate Scheme
- Pensioner Rate Subsidy Scheme
- South-East Queensland (SEQ) Pensioner Water Subsidy Scheme
- Reticulated Natural Gas Rebate Scheme
- Vehicle Registration concessions
- TransLink Transport Concessions (South-East Queensland)
- Rail Concession Scheme
Mr Nicholls says the State Government has not finalised all the concession numbers yet.
“We’re targeting October 1 for those changes to be flowing through to those concessions in terms of particularly rates, electricity and gas and water,” he said. “The concessions will still be quite substantial, they just won’t be as high as they would otherwise have been, had that $50 million not been taken out.”
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