International Monetary Fund Urges GST Hike and Capital Gains Tax Overhaul Ahead of May Budget

International Monetary Fund  Urges GST Hike and Capital Gains Tax Overhaul Ahead of May Budget

The International Monetary Fund has called on Treasurer Jim Chalmers to implement major tax reforms in the upcoming May budget, including increasing the Goods and Services Tax and winding back capital gains tax concessions. In one of its strongest interventions on Australia’s fiscal settings, the IMF said a “comprehensive reform package” is needed to improve … Read more

New Centrelink Age Pension Increase: $1,187.70 Base + $48.30 Boost From 20 February – Are You Eligible for the $1,236 Payment?

New Centrelink Age Pension Increase: $1,187.70 Base + $48.30 Boost From 20 February – Are You Eligible for the $1,236 Payment?

New Centrelink Age Pension Increase : The Australian Government has confirmed that the Centrelink Age Pension will rise from 20 February 2026, offering timely support to retirees managing ongoing cost-of-living pressures. Under the revised payment structure, eligible pensioners will receive a base rate of $1,187.70 along with an additional $48.30 boost — lifting the maximum … Read more

Goodbye to Cheap Fuel : Petrol Prices Set to Rise by $0.25 Per Litre From 20 February 2026

Goodbye to Cheap Fuel: Petrol Prices Set to Rise by $0.25 Per Litre From 20 February 2026

Goodbye to Cheap Fuel : Australian motorists are being urged to prepare for a noticeable increase in fuel costs, with petrol prices forecast to climb by $0.25 per litre from 20 February 2026. The projected rise is linked to developments in global oil markets, currency fluctuations, and tightening supply conditions in the United States. For … Read more

Goodbye to Affordable Retirement in Australia : Why 2026 Could Reshape Life for Seniors

Goodbye to Affordable Retirement in Australia : Why 2026 Could Be a Turning Point for Seniors

Goodbye to Affordable Retirement in Australia — for many Australians, retirement was once seen as a predictable phase of life, a time of financial stability after decades of work. In 2026, however, that expectation is being tested. A combination of higher living costs, housing challenges, healthcare expenses, and savings pressures is reshaping how affordable retirement … Read more

Seniors Drivers Alert Australia 2026 : Major Licence Renewal Changes You Must Know

Seniors Drivers Alert Australia 2026: Major Licence Renewal Changes You Must Know

Seniors Drivers Alert Australia 2026 brings important updates for older motorists across the country. For many older Australians, holding a driver’s licence is far more than just legal permission to drive — it represents independence, mobility, and a vital connection to the community. Whether it’s visiting family, attending medical appointments, or managing everyday errands, driving … Read more

Goodbye to Easy Centrelink Claims: New Identity Checks Begin 10 February 2026

Goodbye to Easy Centrelink Claims: New Identity Checks Begin 10 February 2026

Goodbye to Easy Centrelink Claims– From 10 February 2026, Centrelink will introduce stricter identity and verification requirements across Australia. For many applicants, the claims process will feel more detailed than before. The days of quick, low-documentation approvals are gradually coming to an end as the government strengthens safeguards around public payments. While the aim is … Read more

Major Licence Renewal Update From February 2026: What Drivers Aged 65+ Should Know

Major Licence Renewal Update From February 2026: Key Changes for Drivers Aged 65 and Over

From February 2026, a Major Licence Renewal Update is coming into effect across Australia, introducing important changes for drivers aged 65 and over. These new driving licence renewal rules are designed to strengthen road safety while also supporting senior Australians who wish to continue driving confidently and responsibly. The focus is not just on stricter … Read more

Goodbye to Modest Support: New Year Boost From 18 February 2026 Lifts Payments by $1,200

Goodbye to Modest Support: New Year Boost From 18 February 2026 Lifts Payments by $1,200

Goodbye to Modest Support — Starting from 18 February 2026, Centrelink payments in Australia will receive a major increase of $1,200, aimed at strengthening financial assistance for eligible recipients. This update is designed to provide meaningful relief as households continue to face rising living costs, healthcare expenses, and everyday necessities. The change reflects the government’s … Read more

Goodbye to Low Pension Payments: Revised Age Pension Rates Begin 18 February 2026 in Australia

Goodbye to Low Pension Payments: Revised Age Pension Rates Begin 18 February 2026 in Australia

Goodbye to Low Pension Payments — From 18 February 2026, the Age Pension system in Australia will see a significant update, bringing increased financial support for older citizens. The reform aims to help retirees cope with rising living costs, healthcare expenses, and everyday necessities. The revised payment structure is expected to benefit millions of pensioners … Read more