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5 million Aussies to receive $750: How you'll get it
Lucy Dean
13 July 2020, 10:43 am ·2-min read
Australians will receive the second set of $750 payments this week, Treasurer Josh Frydenberg has confirmed. Images: Getty
Millions of Australians will receive the second $750 economic stimulus payment this week, after receiving the first payment in late March and early April.
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Eligible Australians include those receiving the pension, carers payments and allowances, disability support pensions and family tax benefits (FTB).
But this time, Australians receiving JobSeeker payments, Austudy, the parenting payment and ABSTUDY are ineligible.
"The second $750 Economic Support Payment will inject $3.8 billion into the economy and provide an economic lifeline to millions of Australians at a time when they need it most," Treasurer Josh Frydenberg said.
"It will be used for daily expenses, whether that's food and groceries, rent or indeed paying down some debts."
How will I receive the second $750 payment?
For most eligible Australians, the payment will simply show up in their bank account without them having to do anything.
But for Australians receiving the FTB as a lump sum, they will receive the second $750 as part of that lump sum.
That means that those receiving the FTB will receive the first $750 after claiming for 2019-20 and confirming their income after 1 July 2020. The second $750 will be delivered into their bank account after claiming for 2020-21 and confirming their income after July 2021.
When will I receive the second $750 payment?
The government will begin issuing the funds from today, 13 July. That means the first batch will land in accounts from 15 July, with payments to land some time between then and the end of the month.
"The exact date will be different for everyone. It's not linked to your regular payment date," Services Australia explained.
The payments are not taxable income.
Frydenberg will release a major economic statement on 23 July, outlining the country's financial status and plan for the future.
However, he has said there are no plans for a further round of $750 payments.
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Beamsville, ON, Jan. 18, 2021 (GLOBE NEWSWIRE) -- The past year has been challenging for the vape industry, with the federal government and many provincial governments creating additional policy to regulate the industry. The Canadian Vaping Association (CVA) has been a consistent advocate for strong youth protection measures that balance youth prevention with adult access to harm reduction products. Provinces such as Ontario and British Columbia have taken adult harm reduction into consideration and implemented equitable policy. Yet, provinces such as Nova Scotia and Prince Edward Island have failed to follow the science and instead have jeopardized the health of thousands of smokers. The Canadian Constitution Foundation found that banning flavoured vape products or restricting nicotine content "may violate s. 7 of the Canadian Charter of Rights and Freedoms, which safeguards the right to life, liberty and the security of the person, because the nicotine ceiling and flavour restriction may potentially make vaping products a less attractive or effective quit-aid for smokers." "While the CVA has a history of advocating for reasonable measures to protect youth, policy that violates the right to integrity and personal security as well as freedom of expression will be challenged through the proper legal channels. Science supports vaping as harm reduction and draconian measures have previously been found to be unconstitutional by the Superior Court, which heard the industry's arguments against Bill 44. Our preference will always be to work with regulators to implement effective policy, however where regulators choose to ignore the data, the industry will challenge policy that is detrimental to public health," said Darryl Tempest, Executive Director of the CVA. The CVA will continue to provide regulators with the science, which is clear, flavours are the driver for adoption and the key to cessation success. Canadian's have a constitutional right to access harm reduction products and reduce the health risks presented by traditional tobacco. Judge Dumais who heard the industry's case against Bill 44 wrote that while the provisions take into account the well being of non-smokers, it seemed to forget the rest of the population, including smokers trying to quit. Despite, the Canadian Constitution Foundation cautioning governments that action such as flavour bans may violate the rights of Canadians, Nova Scotia proceeded to implement both excessive taxation and a full ban on flavours. As a result, vape shop owner Bill McEachern has launched a constitutional challenge, that will be heard on January 25th. The CVA has given McEachern our full support and will continue to support all challenges to harmful legislation. As a society, we often wrongfully look at addiction as the result of one's own actions. By viewing nicotine addiction as a choice, smokers are dehumanized and left behind by poor policy. Governments must acknowledge that in Canada all citizens are equal under the Charter of Rights and Freedoms. Vaping policy must respect the rights of all citizens as the lives of adult smokers quite literally depend on it. CONTACT: Darryl Tempest The Canadian Vaping Association 6472741867 dtempest@thecva.org
SUNNYVALE, Calif., Jan. 18, 2021 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, will announce financial results for its third quarter fiscal year 2021 ended December 31, 2020 after the market close on Thursday, January 28, 2021. Management will also conduct a conference call to review the Company's third quarter financial results and its current outlook for the fourth quarter of fiscal 2021 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day. To participate in the call, please dial 1-866-248-8441 in the U.S. or 1-856-344-9206 for international approximately10 minutes prior to the above start time and provide Conference ID 8632511. The call will also be streamed live via the internet at www.gsitechnology.com. A replay will be available from January 28, 2021 at 7:30 p.m. Eastern Time through February 4, 2021 at 11:59 p.m. Eastern Time by dialing toll free for the U.S. 1-844-512-2921 or international 1-412-317-6671 and entering pin number 8632511. A webcast of the call will be archived on the Company's investor relations website under the Events and Presentations tab. ABOUT GSI TECHNOLOGY Founded in 1995, GSI Technology, Inc. is a leading provider of SRAM semiconductor memory solutions. GSI's newest products leverage its market-leading SRAM technology. The Company recently launched radiation-hardened memory products for extreme environments and the Gemini® APU, a memory-centric associative processing unit designed to deliver performance advantages for diverse AI applications. The Gemini APU's architecture features parallel data processing with two million-bit processors per chip. The massive in-memory processing reduces computation time from minutes to milliseconds, even nanoseconds, while significantly reducing power consumption in a scalable format. Gemini excels at large (billion item) database search applications like facial recognition, drug discovery, Elasticsearch, and object detection. Gemini is ideal for edge applications with a smaller footprint and lower power consumption, where rapid, accurate responses are critical. For more information on the company and our products, please visit our website at www.gsitechnology.com. Contacts: Investor Relations:Hayden IR Kim Rogers 385-831-7337kim@haydenir.com Media Relations: Finn Partners for GSI TechnologyJulie Ortega510-697-5599 gsi@finnpartners.com Company:GSI Technology, Inc. Douglas M. Schirle Chief Financial Officer 408-331-9802
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Britain is very concerned about governance in the British Virgin Islands, a British Overseas Territory, foreign minister Dominic Raab said on Monday, adding that there were concerns about its susceptibility to organised crime. "The UK is extremely concerned about the state of good governance in the British Virgin Islands," Raab said in a written statement to parliament. Raab said an independent commission of inquiry had been set up to "inquire into whether there is information to substantiate claims that corruption, abuse of position and serious impropriety has taken place in public office in recent years."