MORE MONEY BACK IN YOUR POCKET

NSW INFRASTRUCTURE PIPELINE AT A RECORD HIGH NSW
June 27, 2019
RBA tells Canberra to be more like NSW (Australian Financial Review, 8 July 2019)
July 8, 2019

An average family can now save up to $2000 with three new cost of living measures being introduced on 1 July, including doubling of Active Kids vouchers, half-priced rego and the $200 Seniors Energy Rebate.

Premier Gladys Berejiklian joined Treasurer Dominic Perrottet at the Transport Management Centre in Eveleigh today to launch the new initiatives.

Ms Berejiklian said that over the next year the NSW Government expects to deliver more than $1 billion in savings back to households across NSW through more than 70 measures in the Cost of Living program.

“Households will now be eligible for up to $2000 in savings. This is thanks to a number of measures including Toll Relief, the Family Energy Rebate, Active Kids, Creative Kids, CTP refunds and Energy Switch,” Ms Berejiklian said.

“Putting downward pressure on cost of living pressures is a key priority for the NSW Government and from tomorrow, households will be able to save even more.

“Service NSW’s Cost of Living program has had 1.2 million transactions so far, helping thousands of people across the State.”

Mr Perrottet said the average saving from Service NSW’s cost of living appointment per customer is $550.

“Over the last year more than $800 million in savings has been delivered to people across NSW through the Cost of Living program. I encourage every person in NSW to go visit a Service NSW Centre or use the Savings Finder online to see what they are eligible for,” Mr Perrottet said.

“We have made it easier than ever before for people to save money on their bills.”

Across NSW, we estimate the three new initiatives will see each year:

  • More than 123,000 drivers receive half price rego under the expanded Toll Relief program and save up to $357.50
  • Thousands of households benefit from the doubling of Active Kids Vouchers, saving up to $200 per eligible child
  • Around 130,000 seniors benefit from the $200 Seniors Energy Rebate.

The NSW Government has reduced the cost of living and cut taxes by hundreds of millions of dollars in the past year through popular programs such as Active and Creative Kids, CTP savings, energy rebates, the Baby Bundle, Stamp Duty concessions, Caravan Registration rebate, Payroll Tax cuts and the Opal Fare cap.

For more information on Cost of Living measures in NSW, check the Savings Finder: https://www.service.nsw.gov.au/campaign/cost-living

Savings across NSW to date:

NSW Government program Total Savings Take up Average Savings
First Home Buyer Transfer duty discounts, July 2017- May 2019 $887,400,000 59,800 $14,800
First Home Buyer Grant (new homes), July 2017- May 2019 $187,600,000 16,300 $11,500
Active Kids, Jan 2018 $105,111,704 1,060,813 $99
Creative Kids, Jan 2019 $24,592,000 245,920 $100
CTP savings, Dec 2017 – Jun 2019 $1.03 billion 8.7 million $118 per policy
Energy Switch, Oct 2018 $3,780,198 8,889 $425

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