# First home owners grant boost to be extended for another six months. However, it will only continue at the full rate until 30 September 2009. From 1 October to 31 December 2009 the grant will be reduced from $14,000 to $10,500 for established homes and from $21,000 to $14,000 for newly constructed homes.
# Private health insurance rebate to be means tested for singles earning over $75,000 and couples earning over $150,000
# The Medicare levy surcharge will also increase for singles earning above $90,000 and couples above $180,000
# Family tax benefits to be frozen at current for three years
# The Government will also "temporarily reduce" the superannuation co-contribution matching rate from 150 per cent to 100 per cent for contributions made in 2009-10 to 2011-12, and to 125 per cent for 2021-13 and 2013-14.
# Reducing concessional superannuation contribution caps to $25000 (from $50000).