targeting cost-of-living relief through reduced energy bills, more free visits to the GP and an increase to the JobSeeker rate.
Those measures come after the previously announced changes to single parent payments and a controversial plan to reduce the cost of medicines by allowing patients to access two-month scripts. Interest rates, hiked again only last week, are predicted to remain on hold at 3.85 per cent until early 2024, before gradual cuts to 3 per cent by June 2025.
Outside of the pandemic and the Global Financial Crisis, the next two years are expected to be the weakest for global growth in over two decades."Bulking billing incentives for GPs "One of the things that makes this the best country in the world is our shared belief that every Australian should be able to access affordable, reliable healthcare," Chalmers said.Health Minister Mark Butler said it was "the largest increase to the bulk billing incentive in the 40-year history of Medicare".
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