1 00:00:00,520 --> 00:00:03,720 Speaker 1: Already and this this is the daily This is the 2 00:00:03,800 --> 00:00:04,360 Speaker 1: Daily ODS. 3 00:00:05,120 --> 00:00:06,840 Speaker 2: Oh now it makes sense. 4 00:00:14,760 --> 00:00:17,160 Speaker 1: Good morning and welcome to the Daily ODS. It's Wednesday, 5 00:00:17,200 --> 00:00:19,320 Speaker 1: the second of July. I'm Sam Kazlowski. 6 00:00:19,440 --> 00:00:20,480 Speaker 2: I'm Emma Gillespie. 7 00:00:20,720 --> 00:00:23,639 Speaker 1: Yesterday marked the start of a new financial year in 8 00:00:23,680 --> 00:00:27,040 Speaker 1: Australia and it came with a raft of changes that 9 00:00:27,120 --> 00:00:31,000 Speaker 1: affects millions of Australians, from wage increases to new laws. 10 00:00:31,200 --> 00:00:33,720 Speaker 1: There's quite a bit to unpack, and today we're going 11 00:00:33,760 --> 00:00:36,159 Speaker 1: to break down the key changes that came into effect 12 00:00:36,240 --> 00:00:38,800 Speaker 1: on the first of July and take you through how 13 00:00:38,880 --> 00:00:41,800 Speaker 1: they might impact your life. 14 00:00:44,520 --> 00:00:47,479 Speaker 2: Sam, we're talking about a whole heap of measures that 15 00:00:47,640 --> 00:00:53,280 Speaker 2: kicked in yesterday, from crime to housing to finance. But 16 00:00:53,320 --> 00:00:55,760 Speaker 2: I did want to start with the financial changes, the 17 00:00:55,760 --> 00:00:58,280 Speaker 2: big headlines in that category, because these are probably the 18 00:00:58,280 --> 00:01:01,120 Speaker 2: ones that will hit people's hip hop it's most directly 19 00:01:01,400 --> 00:01:04,679 Speaker 2: or the fastest. The first big one to talk about 20 00:01:04,720 --> 00:01:08,039 Speaker 2: here is the superannuation guarantee. Now, I know a lot 21 00:01:08,080 --> 00:01:09,600 Speaker 2: of people fall asleep as soon as they hear the 22 00:01:09,600 --> 00:01:12,480 Speaker 2: word super, but stick with me because it's good news. 23 00:01:12,800 --> 00:01:16,440 Speaker 2: The super guarantee has increased from eleven point five percent 24 00:01:16,840 --> 00:01:20,080 Speaker 2: to twelve percent. Now, what that means is that your 25 00:01:20,160 --> 00:01:23,240 Speaker 2: employer at now has to put an additional zero point 26 00:01:23,240 --> 00:01:26,679 Speaker 2: five percent of your salary into your super fund. So 27 00:01:27,040 --> 00:01:29,240 Speaker 2: the amount of money that's going into your super fund 28 00:01:29,280 --> 00:01:31,959 Speaker 2: every fortnight or month that is going up. 29 00:01:32,319 --> 00:01:35,480 Speaker 1: And Billy and I did a podcast directly on this 30 00:01:35,600 --> 00:01:38,000 Speaker 1: change and taking a look at super as a whole. 31 00:01:38,040 --> 00:01:40,400 Speaker 1: I'll throw the link to that in the show notes. 32 00:01:40,400 --> 00:01:42,959 Speaker 1: But just to be clear, that doesn't affect then your 33 00:01:43,000 --> 00:01:44,160 Speaker 1: take home pay, right. 34 00:01:44,120 --> 00:01:47,080 Speaker 2: That's correct, So SUPER is paid on top of your salary, 35 00:01:47,120 --> 00:01:51,280 Speaker 2: So this change doesn't really mean anything changes in your life. 36 00:01:51,320 --> 00:01:54,440 Speaker 2: If you're an employee, there will be more money going 37 00:01:54,440 --> 00:01:57,080 Speaker 2: into your retirement fund though, but it won't affect what 38 00:01:57,080 --> 00:01:59,280 Speaker 2: you see in your bank account each week or whenever 39 00:01:59,320 --> 00:02:02,800 Speaker 2: you get paid. The only exception here, though, is if 40 00:02:02,800 --> 00:02:06,400 Speaker 2: you have an employment contract that specifically states your salary 41 00:02:06,560 --> 00:02:10,640 Speaker 2: is inclusive of SUPER. But that is pretty uncommon. It's 42 00:02:10,960 --> 00:02:13,480 Speaker 2: more and more uncommon in a twenty twenty five context. 43 00:02:13,840 --> 00:02:16,240 Speaker 1: Let's talk about the money that is coming into your 44 00:02:16,320 --> 00:02:19,880 Speaker 1: bank account directly. Though. There's some changes in the minimum wage. 45 00:02:20,160 --> 00:02:23,800 Speaker 2: Yes, so minimum wage has gone up, and this affects 46 00:02:23,840 --> 00:02:25,520 Speaker 2: more people than you might think. So, we'll get to 47 00:02:25,560 --> 00:02:28,079 Speaker 2: that in a sect. But the minimum wage is increased 48 00:02:28,120 --> 00:02:31,480 Speaker 2: by three point five percent. It's now twenty four dollars 49 00:02:31,560 --> 00:02:34,280 Speaker 2: and ninety five cents an hour. So if you're on 50 00:02:34,400 --> 00:02:37,120 Speaker 2: minimum wage, that's roughly an extra thirty bucks in your 51 00:02:37,160 --> 00:02:40,600 Speaker 2: pocket each week. But the impact of this actually goes 52 00:02:40,600 --> 00:02:45,920 Speaker 2: beyond just minimum wage workers. It impacts people on award wages. 53 00:02:45,960 --> 00:02:49,799 Speaker 2: So award wages are industry specific pay rates for sectors 54 00:02:49,880 --> 00:02:54,359 Speaker 2: like hospitality administration. They will also be affected. 55 00:02:54,400 --> 00:02:56,119 Speaker 1: So there are yeah, how many people are we talking 56 00:02:56,120 --> 00:02:56,440 Speaker 1: about that? 57 00:02:56,520 --> 00:03:00,840 Speaker 2: There are three million people thereabouts who are covered buy awards, 58 00:03:00,919 --> 00:03:03,160 Speaker 2: and so that means that there will be an increase 59 00:03:03,200 --> 00:03:06,560 Speaker 2: that flows through to their pacelips because of the minimum 60 00:03:06,560 --> 00:03:07,359 Speaker 2: wage changes. 61 00:03:07,760 --> 00:03:11,360 Speaker 1: Let's talk about changes to small business. We have just 62 00:03:11,440 --> 00:03:14,720 Speaker 1: come through a federal election, which means that there was 63 00:03:14,760 --> 00:03:17,720 Speaker 1: lots of talk about how to support small businesses, especially 64 00:03:17,760 --> 00:03:20,400 Speaker 1: after the pandemic. What's shifted here, Yeah. 65 00:03:20,200 --> 00:03:23,680 Speaker 2: So this is a significant one for small business owners, 66 00:03:24,040 --> 00:03:27,079 Speaker 2: maybe like yourself, Sam, who have a turnover of less 67 00:03:27,120 --> 00:03:31,000 Speaker 2: than ten million dollars per year. So the instant asset 68 00:03:31,160 --> 00:03:34,480 Speaker 2: right off limit has dropped from twenty thousand dollars to 69 00:03:34,600 --> 00:03:37,040 Speaker 2: one thousand dollars. This was always the plan. It's gone 70 00:03:37,080 --> 00:03:40,600 Speaker 2: back to a previous asset right off limit. What that 71 00:03:40,640 --> 00:03:43,560 Speaker 2: all means is that those businesses under the ten million 72 00:03:43,600 --> 00:03:47,560 Speaker 2: turnover can no longer immediately deduct the full cost of 73 00:03:47,600 --> 00:03:51,760 Speaker 2: equipment or assets. Instead, you'll need to depreciate them over 74 00:03:51,840 --> 00:03:55,120 Speaker 2: time and just quickly. There is one more tax deduction 75 00:03:55,320 --> 00:03:57,320 Speaker 2: change that I did want to flag, and that is 76 00:03:57,360 --> 00:04:00,280 Speaker 2: that you can no longer claim an income tax todayduction 77 00:04:00,600 --> 00:04:04,440 Speaker 2: for ATO interest charges. So if you owe money to 78 00:04:04,680 --> 00:04:07,760 Speaker 2: the ATO, if you have an outstanding debt, maybe you 79 00:04:07,800 --> 00:04:11,080 Speaker 2: lodged a tax return a few years ago, you owed money, 80 00:04:11,160 --> 00:04:14,360 Speaker 2: you haven't paid that all back. They are charging you 81 00:04:14,480 --> 00:04:17,880 Speaker 2: interest on this debt, and you can no longer deduct 82 00:04:17,920 --> 00:04:21,480 Speaker 2: this interest from your taxable income. Now, this is all 83 00:04:21,480 --> 00:04:25,159 Speaker 2: aimed essentially at encouraging people to pay their debts backfast. 84 00:04:25,240 --> 00:04:26,680 Speaker 1: I was going to say that sounds like a bit 85 00:04:26,680 --> 00:04:29,279 Speaker 1: of enforcement from the ATO to get people to pay 86 00:04:29,279 --> 00:04:32,359 Speaker 1: it on time exactly, And that's something that they I 87 00:04:32,360 --> 00:04:34,159 Speaker 1: feel like this time of year. They talk about that 88 00:04:34,279 --> 00:04:36,840 Speaker 1: every year, about the importance of paying your taxes on time. 89 00:04:36,880 --> 00:04:39,920 Speaker 1: And it's a pretty thankless job. Let's move now to 90 00:04:40,040 --> 00:04:42,880 Speaker 1: the cost of living measures. A lot of these were 91 00:04:43,000 --> 00:04:46,680 Speaker 1: in that federal election. They're now going to come into effect. Yep. 92 00:04:46,800 --> 00:04:48,760 Speaker 2: So we heard a lot about cost of living, as 93 00:04:48,800 --> 00:04:51,120 Speaker 2: you mentioned in the run up to the federal election. 94 00:04:51,800 --> 00:04:54,320 Speaker 2: A lot of these promises people may have forgotten about, 95 00:04:54,440 --> 00:04:57,719 Speaker 2: but July one means many of them are in effect. 96 00:04:57,800 --> 00:05:01,080 Speaker 2: So the big one is the extension of energy bill relief. 97 00:05:01,520 --> 00:05:05,279 Speaker 2: You might remember this being announced. Households will continue to 98 00:05:05,400 --> 00:05:09,599 Speaker 2: receive seventy five dollars discounts on their next two energy bills, 99 00:05:09,839 --> 00:05:12,160 Speaker 2: and this is also good news for around a million 100 00:05:12,320 --> 00:05:16,400 Speaker 2: small businesses who are also eligible. This is an initiative 101 00:05:16,440 --> 00:05:20,120 Speaker 2: that was due to expire, but the federal government extended 102 00:05:20,160 --> 00:05:22,760 Speaker 2: it until the end of the year. If it sounds 103 00:05:23,080 --> 00:05:26,440 Speaker 2: a bit familiar, There's another big one in effect, and 104 00:05:26,480 --> 00:05:28,920 Speaker 2: it's about paid parental leave now. Pay per rental leave 105 00:05:29,000 --> 00:05:32,520 Speaker 2: has actually been increasing incrementally over the last few years. 106 00:05:32,760 --> 00:05:36,000 Speaker 2: It's going to happen again next year, but yesterday it 107 00:05:36,200 --> 00:05:40,000 Speaker 2: increased to twenty four weeks, up from twenty two weeks. Now. 108 00:05:40,080 --> 00:05:42,679 Speaker 2: Paid perntal leave is a payment based on minimum wage 109 00:05:42,920 --> 00:05:43,839 Speaker 2: sure so that. 110 00:05:43,760 --> 00:05:45,520 Speaker 1: Which has also gone up exactly interesting. 111 00:05:45,560 --> 00:05:48,400 Speaker 2: He's paying attention. So that is now nine hundred and 112 00:05:48,400 --> 00:05:51,440 Speaker 2: forty eight dollars per week, and paid parental leave like 113 00:05:51,480 --> 00:05:54,720 Speaker 2: I mentioned, will increase next year to twenty six weeks. 114 00:05:55,080 --> 00:05:58,279 Speaker 1: A really interesting initiative has come into the market for 115 00:05:58,320 --> 00:06:02,880 Speaker 1: students where nursing with free teaching and social work students 116 00:06:03,080 --> 00:06:06,080 Speaker 1: are now going to be paid for their practical placements. Right. 117 00:06:06,320 --> 00:06:08,400 Speaker 2: Yes, so this is a really big one and we 118 00:06:08,440 --> 00:06:11,480 Speaker 2: know a really important one to the TDA audience. We've 119 00:06:11,520 --> 00:06:14,880 Speaker 2: spoken a lot about placement poverty and the range of 120 00:06:14,880 --> 00:06:18,000 Speaker 2: degrees that kind of have this mandatory prac aspect to 121 00:06:18,640 --> 00:06:21,640 Speaker 2: the syllabus, to the core of the degree. But the 122 00:06:21,680 --> 00:06:24,279 Speaker 2: people are taking weeks and months out of the year 123 00:06:24,480 --> 00:06:26,400 Speaker 2: to complete those with no payment. 124 00:06:26,160 --> 00:06:28,599 Speaker 1: Particularly those who have to travel a long way exactly 125 00:06:28,600 --> 00:06:31,000 Speaker 1: a work after hours. It can be a really stressful 126 00:06:31,080 --> 00:06:32,799 Speaker 1: time for a really important job. 127 00:06:32,680 --> 00:06:34,760 Speaker 2: And you might have to complete your PRACK in a 128 00:06:34,800 --> 00:06:39,040 Speaker 2: regional or remote area. So students in nursing midware, free 129 00:06:39,080 --> 00:06:42,160 Speaker 2: teaching and social work, as you mentioned, Sam, they will 130 00:06:42,160 --> 00:06:45,120 Speaker 2: now receive three hundred and thirty one dollars and sixty 131 00:06:45,160 --> 00:06:49,600 Speaker 2: five cents a week to address this placement poverty. Concern. Now, 132 00:06:49,680 --> 00:06:52,320 Speaker 2: these placements can be really demanding, as we've touched on 133 00:06:52,680 --> 00:06:55,080 Speaker 2: to give you a sense of where that three hundred 134 00:06:55,120 --> 00:06:58,320 Speaker 2: and thirty one bucks per week might stretch. For teachers, 135 00:06:58,640 --> 00:07:02,360 Speaker 2: they need to spend around six sixteen weeks in classrooms training. 136 00:07:02,480 --> 00:07:05,880 Speaker 2: Nurses need to spend about twenty weeks in hospitals or clinics. 137 00:07:05,920 --> 00:07:09,200 Speaker 2: So this is hopefully going to have a really massive impact. 138 00:07:09,560 --> 00:07:11,120 Speaker 1: So I guess if we were to zoom out and 139 00:07:11,120 --> 00:07:13,280 Speaker 1: look at all of the different economic and cost of 140 00:07:13,320 --> 00:07:16,760 Speaker 1: living changes, I'd say the key themes here are the 141 00:07:16,840 --> 00:07:20,320 Speaker 1: gradual increases in some programs that have had a couple 142 00:07:20,320 --> 00:07:23,240 Speaker 1: of years now of increases. I'm thinking they're about things 143 00:07:23,320 --> 00:07:26,280 Speaker 1: like superannuation and paper rental leave. And then the big 144 00:07:26,360 --> 00:07:29,320 Speaker 1: theme is obviously cost of living relief. It's about trying 145 00:07:29,320 --> 00:07:32,080 Speaker 1: to figure out how to alleviate some of the stresses 146 00:07:32,160 --> 00:07:35,880 Speaker 1: on Australian individuals and families. Why don't we turn now 147 00:07:36,040 --> 00:07:39,480 Speaker 1: to some of the law. And you know this one 148 00:07:39,520 --> 00:07:42,520 Speaker 1: is more of a state based discussion because there's various 149 00:07:42,600 --> 00:07:45,400 Speaker 1: changes all over the country. Take me through some of 150 00:07:45,440 --> 00:07:48,200 Speaker 1: the key state and territory changes in law. 151 00:07:48,600 --> 00:07:51,360 Speaker 2: So let's start in the Act you may have seen 152 00:07:51,360 --> 00:07:54,280 Speaker 2: some headlines around this one here. It's made history by 153 00:07:54,320 --> 00:07:57,880 Speaker 2: becoming the first jurisdiction in Australia to raise the age 154 00:07:57,880 --> 00:08:02,400 Speaker 2: of criminal responsibility to fourteen. Previously, this was twelve in 155 00:08:02,440 --> 00:08:06,239 Speaker 2: the Act across most of Australia. It's still ten years old. 156 00:08:06,560 --> 00:08:09,600 Speaker 2: But what this means is that no child under fourteen 157 00:08:09,760 --> 00:08:13,200 Speaker 2: can be charged with or prosecuted for a crime in 158 00:08:13,240 --> 00:08:17,200 Speaker 2: the Act. There is an exception for twelve and thirteen 159 00:08:17,240 --> 00:08:21,560 Speaker 2: year olds accused of particularly violent crimes. Now there has 160 00:08:21,640 --> 00:08:25,200 Speaker 2: been a kind of bit of momentum here. There has 161 00:08:25,240 --> 00:08:28,640 Speaker 2: been interest or conversation in other states and territories. The 162 00:08:28,760 --> 00:08:31,240 Speaker 2: nt became the first region to increase the age of 163 00:08:31,240 --> 00:08:34,760 Speaker 2: criminal responsibility to twelve in twenty twenty two, but a 164 00:08:34,800 --> 00:08:39,720 Speaker 2: newly elected government reverted that last August. Victoria also increased 165 00:08:39,760 --> 00:08:42,760 Speaker 2: the age to twelve. It had some plans to progress 166 00:08:42,840 --> 00:08:45,920 Speaker 2: that eventually to fourteen, but they were scrapped. So the 167 00:08:45,920 --> 00:08:48,000 Speaker 2: Act really is kind of in a league of its 168 00:08:48,040 --> 00:08:49,120 Speaker 2: own with this decision. 169 00:08:49,640 --> 00:08:52,000 Speaker 1: Yesterday we heard some really interesting news from the federal 170 00:08:52,040 --> 00:08:57,000 Speaker 1: government around the regulation of tobacco and the illegal selling 171 00:08:57,080 --> 00:09:00,200 Speaker 1: of tobacco and importing into Australia. It comes as there's 172 00:09:00,320 --> 00:09:03,720 Speaker 1: other major tobacco changes that come into effects this week 173 00:09:03,840 --> 00:09:04,720 Speaker 1: right exactly. 174 00:09:04,840 --> 00:09:08,280 Speaker 2: So, I think we've seen a really significant crackdown in 175 00:09:08,360 --> 00:09:12,800 Speaker 2: terms of the tobacco black market as regulations have increased 176 00:09:12,840 --> 00:09:16,440 Speaker 2: on the sale of cigarettes, E cigarettes, vapes. We've also 177 00:09:16,520 --> 00:09:19,920 Speaker 2: kind of seen this black market emerge of illegal trade 178 00:09:20,000 --> 00:09:22,959 Speaker 2: of tobacco. Federally, we have just heard that there'll be 179 00:09:23,000 --> 00:09:25,600 Speaker 2: a new commissioner to kind of manage that and crack 180 00:09:25,640 --> 00:09:28,440 Speaker 2: down further on that. But at a state level, both 181 00:09:28,480 --> 00:09:32,600 Speaker 2: New South Wales and Victoria have introduced mandatory licensing schemes 182 00:09:32,800 --> 00:09:36,720 Speaker 2: for tobacco sellers. This basically impacts anyone who is a 183 00:09:36,720 --> 00:09:41,319 Speaker 2: tobacco retailer, so a tobacconist or a tobacco wholesaler. So 184 00:09:41,480 --> 00:09:44,960 Speaker 2: anyone wanting to sell tobacco products now needs to apply 185 00:09:45,160 --> 00:09:48,280 Speaker 2: for a license in Victoria or New South Wales, and 186 00:09:48,440 --> 00:09:52,520 Speaker 2: penalties for selling tobacco without a license are incredibly steep. 187 00:09:52,520 --> 00:09:56,120 Speaker 2: It's starting from at least eleven thousand dollars for an 188 00:09:56,160 --> 00:09:58,880 Speaker 2: individual for a first time breach, and then the fines 189 00:09:59,280 --> 00:10:03,280 Speaker 2: go up signalficantly from there. New South Wales has given 190 00:10:03,320 --> 00:10:05,400 Speaker 2: business as a bit of a grace period. They've got 191 00:10:05,440 --> 00:10:09,720 Speaker 2: until October to apply for these licenses, while sellers be 192 00:10:09,800 --> 00:10:14,000 Speaker 2: that retailers or wholesalers in Victoria have until February next 193 00:10:14,120 --> 00:10:15,520 Speaker 2: year to get their license. 194 00:10:16,000 --> 00:10:17,920 Speaker 1: Okay, so we've talked about some of the changes that 195 00:10:18,000 --> 00:10:21,160 Speaker 1: might happen to your pacelip and to your printal, even 196 00:10:21,240 --> 00:10:23,880 Speaker 1: some other costs of living changes. We've talked about a 197 00:10:23,920 --> 00:10:26,880 Speaker 1: couple of shifts in the law. To end off this conversation, 198 00:10:27,120 --> 00:10:29,960 Speaker 1: why don't we look at housing and I think a 199 00:10:30,000 --> 00:10:33,480 Speaker 1: really interesting group of people of which we are both 200 00:10:33,559 --> 00:10:37,000 Speaker 1: part of to examine here is renters. Yeah, because we 201 00:10:37,080 --> 00:10:39,800 Speaker 1: heard a lot of commentary in the last federal election, 202 00:10:39,960 --> 00:10:42,479 Speaker 1: there was a bit of an absence of a discussion 203 00:10:42,640 --> 00:10:45,640 Speaker 1: about the way that rental laws could change. Yep. But 204 00:10:45,679 --> 00:10:48,320 Speaker 1: that's not necessarily the case across the country though. 205 00:10:48,559 --> 00:10:51,120 Speaker 2: Yeah, so there are a couple of changes for renters 206 00:10:51,160 --> 00:10:55,040 Speaker 2: in New South Wales and Queensland. I think for most renters, 207 00:10:55,120 --> 00:10:58,199 Speaker 2: the overarching theme of the last couple of years has 208 00:10:58,280 --> 00:11:03,280 Speaker 2: really been there is rege, and it's happening slowly, so slowly, 209 00:11:03,320 --> 00:11:05,920 Speaker 2: but surely, states are chipping away at how they can 210 00:11:06,000 --> 00:11:09,319 Speaker 2: protect renters better and in New South Wales this week 211 00:11:09,400 --> 00:11:11,480 Speaker 2: that's come in the form of a bit of an 212 00:11:11,559 --> 00:11:14,200 Speaker 2: update on a band that was rolled out last month. 213 00:11:14,280 --> 00:11:16,800 Speaker 2: So last month New South Wales rolled out this ban 214 00:11:16,920 --> 00:11:20,600 Speaker 2: on no fault evictions and that prohibits landlords and agents 215 00:11:20,600 --> 00:11:24,280 Speaker 2: from evicting someone or ending a lease without a legitimate 216 00:11:24,320 --> 00:11:27,040 Speaker 2: reason to do so. That ban came in last month. 217 00:11:27,280 --> 00:11:30,880 Speaker 2: Now from yesterday in the state, landlords and agents have 218 00:11:31,000 --> 00:11:35,080 Speaker 2: to register the reason for any evictions, so no fault 219 00:11:35,080 --> 00:11:37,720 Speaker 2: evictions a band. This builds on that they must register 220 00:11:37,760 --> 00:11:40,559 Speaker 2: a reason with the Department of Fair Trading. Landlords and 221 00:11:40,600 --> 00:11:44,480 Speaker 2: agents are also now compelled to provide evidence in showing 222 00:11:44,720 --> 00:11:48,280 Speaker 2: the purpose of their reasons supporting their reason proving that 223 00:11:48,360 --> 00:11:51,920 Speaker 2: reason for an eviction, essentially building on no fault evictions, 224 00:11:52,480 --> 00:11:54,720 Speaker 2: and in a year's time will get a bit of 225 00:11:54,760 --> 00:11:57,320 Speaker 2: an idea of what those reasons look like. Fea Trading 226 00:11:57,360 --> 00:11:59,160 Speaker 2: says it will hand down a bit of an inventory 227 00:11:59,520 --> 00:12:04,520 Speaker 2: to show us trends and patterns in renting next year. Queensland, meantime, 228 00:12:04,640 --> 00:12:08,680 Speaker 2: is introducing annual income checks for public housing tenants, So 229 00:12:08,800 --> 00:12:11,800 Speaker 2: if you are a renter under social housing in that state, 230 00:12:12,280 --> 00:12:15,079 Speaker 2: you will now have to meet eligibility requirements and these 231 00:12:15,080 --> 00:12:18,600 Speaker 2: will be annual checks income checks to check that your 232 00:12:18,640 --> 00:12:21,800 Speaker 2: income is below a certain threshold. To verify that, say, 233 00:12:21,840 --> 00:12:24,680 Speaker 2: social housing tenants maybe in a two bedroom need a 234 00:12:24,679 --> 00:12:27,280 Speaker 2: two bedroom or should they be in a one bedroom? 235 00:12:27,679 --> 00:12:31,120 Speaker 2: And if tenants don't provide information or if their income 236 00:12:31,160 --> 00:12:35,000 Speaker 2: exceeds the threshold, they will be charged market rent, while 237 00:12:35,000 --> 00:12:37,640 Speaker 2: the Queensland government says it will work to facilitate their 238 00:12:37,640 --> 00:12:40,440 Speaker 2: transition to the private rental sector. 239 00:12:41,360 --> 00:12:44,480 Speaker 1: We have smashed through quite a few changes. It gives 240 00:12:44,520 --> 00:12:47,960 Speaker 1: you a sense though, of just how much shifts in 241 00:12:48,000 --> 00:12:51,200 Speaker 1: a new financial year. In any given financial year, I 242 00:12:51,200 --> 00:12:55,600 Speaker 1: think whether some rules or changes that you came across 243 00:12:55,640 --> 00:12:58,320 Speaker 1: that didn't neatly fit into any of those categories that 244 00:12:58,360 --> 00:13:00,679 Speaker 1: we've just gone through, and you think to mention. 245 00:13:00,840 --> 00:13:05,600 Speaker 2: Yeah, I think for Tasmanian listeners, there is a pretty 246 00:13:05,679 --> 00:13:10,000 Speaker 2: timely change to election donations. So we know that Tazi 247 00:13:10,080 --> 00:13:13,000 Speaker 2: voters are heading to a snap election later this month. 248 00:13:13,200 --> 00:13:15,160 Speaker 2: This is a state that has become all too familiar 249 00:13:15,200 --> 00:13:18,680 Speaker 2: with state elections with what's going on there politically. But 250 00:13:19,000 --> 00:13:23,200 Speaker 2: new election donation rules mean all political donations to a 251 00:13:23,280 --> 00:13:27,960 Speaker 2: party must be made into specific bank accounts. So if you, 252 00:13:28,040 --> 00:13:31,640 Speaker 2: for example, are donating money to the Labor Party, that 253 00:13:31,760 --> 00:13:35,800 Speaker 2: will all go into one consolidated bank account and those 254 00:13:35,800 --> 00:13:38,960 Speaker 2: donations must be declared within seven days. So this is 255 00:13:38,960 --> 00:13:42,920 Speaker 2: going to increase the transparency around political donations and comes 256 00:13:43,040 --> 00:13:45,079 Speaker 2: at a pretty important time for Tasmanians. 257 00:13:45,559 --> 00:13:49,559 Speaker 1: Just quickly, and did you make any pre ephus purchases 258 00:13:49,600 --> 00:13:50,040 Speaker 1: this year? 259 00:13:51,120 --> 00:13:53,800 Speaker 2: I resisted, I tell you, I had to stop looking 260 00:13:53,800 --> 00:13:57,200 Speaker 2: at my emails though it was that it was getting hectic, 261 00:13:57,240 --> 00:14:00,560 Speaker 2: the fomo, the stress, it was a lot. I did 262 00:14:00,640 --> 00:14:03,400 Speaker 2: have something in a shopping cart on a website that 263 00:14:03,520 --> 00:14:06,600 Speaker 2: I was going to buy. On June thirty, I went 264 00:14:06,640 --> 00:14:09,240 Speaker 2: to bed, fell asleep completely, forgot about it first thing 265 00:14:09,360 --> 00:14:11,400 Speaker 2: yesterday morning, woke up, opened the cart and it was 266 00:14:11,400 --> 00:14:13,319 Speaker 2: like three times the price. So maybe next. 267 00:14:13,160 --> 00:14:15,440 Speaker 1: Year and you super went up, so in many ways 268 00:14:15,440 --> 00:14:16,920 Speaker 1: you actually made money. 269 00:14:16,760 --> 00:14:18,160 Speaker 2: Twice savings on savings. 270 00:14:18,280 --> 00:14:20,520 Speaker 1: Thank you here, Thank you so much and for taking 271 00:14:20,560 --> 00:14:23,080 Speaker 1: us through that whirlwind of changes, and thank you for 272 00:14:23,160 --> 00:14:25,040 Speaker 1: joining us on the daily Ohs this morning. We're going 273 00:14:25,080 --> 00:14:28,560 Speaker 1: to be back in your ears this afternoon with your headlines. 274 00:14:28,640 --> 00:14:34,840 Speaker 1: Until then, have a great day. My name is Lily 275 00:14:34,880 --> 00:14:38,280 Speaker 1: Maddon and I'm a proud Arunda Bungelung Calcuttin woman from 276 00:14:38,280 --> 00:14:42,640 Speaker 1: Gadigol country. The Daily oz acknowledges that this podcast is 277 00:14:42,680 --> 00:14:45,160 Speaker 1: recorded on the lands of the Gadighl people and pays 278 00:14:45,200 --> 00:14:48,400 Speaker 1: respect to all Aboriginal and Torres Strait island and nations. 279 00:14:48,720 --> 00:14:51,640 Speaker 1: We pay our respects to the first peoples of these countries, 280 00:14:51,760 --> 00:14:52,960 Speaker 1: both past and present.