Money

How Centrelink opening hours, payments and reporting dates will change for the 2024 Anzac Day public holiday

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Payment and reporting dates over the Anzac Day public holiday are set to shift for Centrelink customers. The revised dates accommodate for branch closures affecting processing times and face-to-face appointments. Centrelink branches across Australia will be closing for the Anzac Day public holiday on Thursday, April 25. Newsletters: Breaking news as it happens. Subscribe now … Read more

Olympics 2024: Track and field criticized for move to pay Paris gold medalists – National

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Olympic sports bodies criticized World Athletics on Friday for promising to pay US$50,000 for each track and field gold medal won at the Paris Olympics. Last week’s move by the track body and its president Sebastian Coe broke with tradition because the International Olympic Committee does not pay prize money, though many state governments and … Read more

Carbon rebate labelling in bank deposits fuelling confusion, minister says – National

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Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to change the law to make them do it, says Environment Minister Steven Guilbeault. Guilbeault is taking the stand after Tuesday’s federal budget promised to amend the Financial Administration Act so government payments accepted for deposit … Read more

Does Budget 2024 make it easier to buy a first home in Canada? – National

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The Liberal government’s 2024 federal budget tabled Tuesday held a clear focus on “fairness” among generations and efforts to make the housing market more affordable, particularly for younger Canadians feeling frustrated about their homebuying prospects. Experts who spoke to Global News after the budget’s release said there are signs of “hope” in the new spending … Read more

8 key takeaways about what Budget 2024 means for your wallet – National

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Affordability is one of the key focuses for the Liberal government in its latest budget, with housing taking centre stage with billions of dollars in sweeping policies targeting major reforms and changes. “Together, we will unlock the door to the middle class for more Canadians and renew the promise of our great country,” Finance Minister … Read more

Budget 2024 tries to sell youth a more affordable life with billions in spending – National

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The Liberal government delivered a federal budget on Tuesday geared towards young Canadians, proposing a spending plan that promises to do everything from make it easier to buy a first home to crack down on costly concert ticket fees. “We are acting today to ensure fairness for every generation,” Finance Minister and Deputy Prime Minister … Read more

Big change coming as Monday and Wednesday Lotto becomes Weekday Windfall, new draw added

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A major change is coming to Lotto, with a new opportunity for customers to win. From Monday, May 20, the Monday and Wednesday Lotto — also known as Monday and Wednesday Gold Lotto in Queensland and Monday and Wednesday X Lotto in South Australia — will change into a single lottery game called Weekday Windfall. … Read more

After 5 years, Budget 2024 lays out promised small business carbon rebate – National

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The federal government plans to “urgently return” money collected through the carbon price’s fuel charge to small businesses, making good on a commitment from 2019 to return that money. Billed as the Canada Carbon Rebate for Small Businesses, the plan involves more than $2.5 billion that has been collected through the federal fuel charge in … Read more

Budget 2024, by the numbers: Here’s how spending is being divvied up – National

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By Staff The Canadian Press Posted April 16, 2024 4:21 pm Updated April 16, 2024 5:36 pm 1 min read Descrease article font size Increase article font size Here are some key numbers from the Liberal government’s federal budget: $535 billion: Total government spending for the 2024-25 financial year. $39.8 billion: The total deficit, just … Read more

Budget 2024: Liberals look to offset drug plan cost with higher smoking, vaping taxes – National

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The Liberals expect a new bid to curb smoking rates in the federal budget will generate $1.7 billion in new revenue for the government. The increased cash flow coincides with the launch of a new $1.5-billion drug plan to offer universal coverage for contraceptive and diabetes medications. Both programs were billed as new health measures … Read more