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Coalition To Ease The Cost Of Living For Local Community

Latrobe Valley concession card holders will have their year-round electricity bills slashed by 17.5 percent under a Liberal Nationals Coalition Government, Nationals Member for Morwell Russell Northe

By Russell Northe - 25th November 2010 - Back to News

announced today. Mr Northe said the Coalition would also extend stamp duty relief to eligible self-funded retirees who were entitled to a Commonwealth Seniors Health Card. "Reducing electricity bills will really help to ease cost of living pressures for so many older people in our community as well as other concession card holders," Mr Northe said. "Older local residents, especially those on fixed incomes, struggle with massive electricity bills and after 11 years of Labor government it has become much worse.

Mr Northe said the Coalition’s $351.4 million electricity bill concession plan would enable more than 800,000 households to benefit from lower electricity bills year-round across the state. "Labor’s summer electricity concession policy will only apply to concession card holders for the three-month summer period. The Coalition’s plan means that local concession card holders will receive a 17.5 per cent reduction on their electricity bills all year round.

"This will also help to alleviate the costs associated with the smart meter debacle which has seen electricity costs rise markedly for consumers."

"The new concession will be available to holders of Pensioner Concession Cards, Health Care Cards or Department of Veterans Affairs Gold Cards. Mr Northe said the Coalition would also extend the land transfer stamp duty concession threshold to $750,000 for all seniors, including self-funded retirees, at a total cost of $42.1 million. "This package of initiatives will make a real difference to local people who have struggled keeping up with rising everyday costs," Mr Northe said.



Source: www.gippsland.com

Published by: news@gippsland.com



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