Medicare Levy
To make the surcharge fairer, the Government will refocus the Medicare levy surcharge
on higher income earners by increasing the thresholds. From 1 July 2008, singles with incomes up to $100,000 and families with incomes
up to $150,000 will no longer be subject to the surcharge. Singles without private
health insurance will save up to $1,000 and families will save up to $1,500 from
these changes. Families with more than one child will have a higher threshold and
therefore may save more than $1,500.
Note: The new Medical Levy is subject to Government approval.
