$950.00 - what will you do with it? - Page 6

Envi XR8 · 07-02-2009, 04:29 AM

There seems to be a thought that the 42b is only the cash payments. The $950 payments make up 12b of the 42b being spent. The other 30b IS going into infrastructure, such as schools, local government, roads etc. so as far as I can see this package has both short term and long term components.

IF I recall correctly, the first package of 10.4b last year used either just over, or just under half the surplus, which I thought was about 21b.

GK · 07-02-2009, 09:54 AM

We're probably going to get the very old, cracked and buckled concrete at our house replaced, including a new driveway. It will of course cost far more than $950, but the money on offer (if the package is approved in the Senate) will be a welcome help.

GK

Lukeyson · 07-02-2009, 10:53 AM

Quote:

Originally Posted by GK

We're probably going to get the very old, cracked and buckled concrete at our house replaced, including a new driveway.

thats exactly what we are doing, ordered a concretor to start next week to redo ours. If 950 is approved it will be going towards that

fnm17 · 07-02-2009, 11:09 AM

Hmmm I might pay the ridicoulous rego for V8's if I got it ! Nice explanation using the dinner example MYYVSS ! This arguement will never end, as someone whom really needs it will always miss out and someone whom doesn't need it will get it. Where were all this handouts when I was working two jobs and studying full time to get my degree.

Windsor220 · 07-02-2009, 11:18 AM

Quote:

Originally Posted by terri06

to qualify for the payment if you earn under $80,000 you get $950 earn $80,000-$90,000 you get $600 earn $90,000-$100,000 you get $300 any thing over $100,000 you get nothing. Then every school student gets $950, Single income families get $950 and a few other thing you get it too.They said some families will be eligible for 4&5 cheques. You get the money however you got your tax cheque for eg. if you get a cheque for tax you will get one for this too, if you get tax straight into your bank well then this will go straight to your bank too. alot of info i know sorry

Question - If you have moved house since July 08 will the cheque get sent to the previous address since it is based off last years tax return?

charles_wif_xf · 07-02-2009, 12:08 PM

Half on reg and half to bring the credit card back to $0 owing. Woooooooooooo hooooooooooo!

3vXT · 07-02-2009, 12:19 PM

Quote:

Originally Posted by Torxteer

Question - If you have moved house since July 08 will the cheque get sent to the previous address since it is based off last years tax return?

I've read on another forum that if you've changed your address (or bank account numbers if you received your return that way) you should contact the ATO to update the details.

Steve · 07-02-2009, 01:06 PM

Perhaps a better question is, will your spending increase after having recieved the grant or will it go towards easing the burden of expenses you would've spent on anyway?

I don't think my spending will increase.

GS608 · 07-02-2009, 02:12 PM

Quote:

Originally Posted by [b

terri06[/b]] to qualify for the payment if you earn under $80,000 you get $950 earn $80,000-$90,000 you get $600 earn $90,000-$100,000 you get $300 any thing over $100,000 you get nothing. Then every school student gets $950, Single income families get $950 and a few other thing you get it too.They said some families will be eligible for 4&5 cheques. You get the money however you got your tax cheque for eg. if you get a cheque for tax you will get one for this too, if you get tax straight into your bank well then this will go straight to your bank too. alot of info i know sorry

so, because i earn under 80k a year i get $950, then because im a school student i get another $950? am i right? or is it you can only be eligable for one payment?

bafel · 07-02-2009, 04:11 PM

handout will make my new lens half price. Duffman ooh yeah

3vXT · 07-02-2009, 04:16 PM

Quote:

Originally Posted by XR-CHIEF

so, because i earn under 80k a year i get $950, then because im a school student i get another $950? am i right? or is it you can only be eligable for one payment?

I'm kinda curious about this too. I've only just enrolled though so i wasn't a student in the 06/07 year.

xbgs351 · 08-02-2009, 07:43 AM

Quote:

Originally Posted by xbgs351

Yes, a good 2 billion dollars in interest per year, or $100 per year for every man woman and child. On average that would be around $250 per worker per year.

Actually, all up they are looking at borrowing 200 billion over the next few years. That will cost 10 billion per year in interst, or $500 per person per year, or $1000 per worker per year.

cupic · 08-02-2009, 02:48 PM

Give it each to my 3 kids

cheers

Rob's 76 Effy · 08-02-2009, 05:24 PM

Quote:

Originally Posted by XR-CHIEF

so, because i earn under 80k a year i get $950, then because im a school student i get another $950? am i right? or is it you can only be eligable for one payment?

No you will only get the Under 80k a yr if you put in a tax return for 07-08 other wise you miss out, you wont get the 950 for being a student either your parents will if they recieve the part A in family payments

JamesR · 08-02-2009, 05:24 PM

hookers and blow..
gonna have such a good night when i get it.

GS608 · 08-02-2009, 07:09 PM

Quote:

Originally Posted by Explorer_Me

No you will only get the Under 80k a yr if you put in a tax return for 07-08 other wise you miss out, you wont get the 950 for being a student either your parents will if they recieve the part A in family payments

ahh too easy, yeah by me i meant family, tax return went in, but does it include casual workers? or is it just fulltime & part time?

JetBlack351 · 09-02-2009, 06:56 PM

will fuel some GREATLY needed mods to my car

tinted windows for a start or rego if it comes soon enough

daniel_rossy · 09-02-2009, 08:57 PM

Might donate it to the Gippsland fire appeal actually.

onfire · 09-02-2009, 10:47 PM

Quote:

Originally Posted by daniel_rossy

Might donate it to the Gippsland fire appeal actually.

Here's an idea, instead of giving every one $950... I'd be more than happy to see Rudd give it all to the bushfire appeal.

daniel_rossy · 09-02-2009, 11:18 PM

Quote:

Originally Posted by onfire

Here's an idea, instead of giving every one $950... I'd be more than happy to see Rudd give it all to the bushfire appeal.

Facebook page already made, how bouts a few join

?

http://www.facebook.com/home.php#/gr...8788834&ref=mf

bindaz · 10-02-2009, 10:34 PM

Give It To The Bushfire Appeal For Sure!!!!!

_CRUZ_ · 12-02-2009, 04:49 PM

hmm lucky i dint count my chickens, i don't think anyone will be doing anything with it cause its not hapening me thinks :(

Bucknaked · 12-02-2009, 04:53 PM

It's $900 now.

_CRUZ_ · 12-02-2009, 04:54 PM

I think its been scraped altogether mate , no ? you still getting yours lol.

Bucknaked · 12-02-2009, 04:57 PM

Quote:

Originally Posted by 3XX

I think its been scraped altogether mate , no ? you still getting yours lol.

http://www.news.com.au/business/stor...-31037,00.html

_CRUZ_ · 12-02-2009, 05:05 PM

so this will be the thrid vote or the second vote on it ?

Bucknaked · 12-02-2009, 05:06 PM

No idea. I just check the news website to see the latest

Clint Eastwood · 12-02-2009, 06:02 PM

Quote:

Originally Posted by 3XX

so this will be the thrid vote or the second vote on it ?

Got through the lower house,but not the upper house today,so back to the lower house tonight probably,hopefully a few amendments will get it through both houses.

_CRUZ_ · 13-02-2009, 04:10 PM

http://online.wsj.com/article/SB1234...googlenews_wsj

update

**DJM83** · 14-02-2009, 03:07 PM

How will they pay this and how do they get your current address as alot of people have moved recently me included