From July 1, the federal government’s policies on business, agriculture, health, and energy will change, which will affect the taxation, overtime, and pensions of businesses and individuals.
01 Business
Mainly includes tax reduction plans and tax incentives
02 Labor Relations
Reduce the rate of extra overtime on holidays
03 Skills and Expertise
TAFE bursary program and extended work transition time.
04 pension
Complaint Court: To the Australian Securities and Investment Commission (Australian Securities and Investment Commission)
05 Mental Health
Increased mental health survey: The Australian Bureau of Statistics will receive $89.5 million to conduct an intergenerational health and mental health survey to better understand people’s further health needs.
06 good health
Public hospital appropriation: The National Health Agreement states that after the expiration of the current agreement on June 30, 2020, 102.5 billion Australian dollars will be provided to states and regions for public hospital services within five years. A further 50 million Australian dollars will be provided to the Health Innovation Fund in 2020/21 to support trials of innovation and better use of health data.
https://7news.com.au/politics/government-policy-changes-from-july-1-c-1130646