HILLS INDEPENDENT HILLS 116 February 2025 | Page 22

POLITICS

Mark Hodges MP

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02 9686 3110 castlehill @ parliament . nsw . gov . au Suite 1A , 19-21 Terminus Street , Castle Hill NSW 2154
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Honour the heart of our community - nominate a senior for the 2025 Local Achievement Awards

Mark Hodges at the Castle Hill Senior Awards 2024 .
with Mark Hodges MP
Residents of the Castle Hill electorate are encouraged to nominate outstanding seniors in their community , as nominations for the 2025 NSW Seniors Festival Local Achievement Awards are now open .
The 2025 NSW Seniors Festival and the Local Achievement Awards provide a wonderful opportunity to celebrate the invaluable contributions seniors make to their communities .
If you know a senior who works tirelessly to make our community a better place — whether through volunteering ,
innovative ideas , or simply by being a pillar of support to family and friends — this is your chance to ensure their efforts are acknowledged .
We are incredibly fortunate to have so many seniors in Castle Hill who give generously of their time , energy , and dedication . By celebrating the contributions of our local seniors , we challenge ageism , honour their efforts , and empower them to overcome social stigma .
Nominations
for this esteemed awards program , one of many initiatives from the NSW Government to promote active , healthy , and happy lives for seniors will close soon .
Winners of the Local Achievement Awards will be announced during the 2025 NSW Seniors Festival , which runs from 3 – 16 March , as part of an exciting schedule of events across the state .
Scan the QR Code to Nominate a local senior today ! For more information about the NSW Seniors Festival and the Local Achievement Awards , please visit seniorsfestival . nsw . gov . au .

Government urged to embrace plan to save renters thousands

Renters should only have to pay bond once in their lifetime and could be earning thousands of dollars in interest , under a new proposal the McKell Institute is urging the federal government to consider .
A National Portable Bond Scheme , recommended by the McKell Institute in its new Rewarding Renters report , would allow renters to transfer their bond between leases rather than scrambling to come up with a second deposit before their previous one is refunded .
Under the National Portable Bond Scheme , renters would also earn interest on their bond which would potentially build a small financial safety net over time . McKell Institute chief
executive Edward Cavanough said the policy would relieve significant cost of living pressure and stress from renters and he is urging the government to take it to an election in which the vote of renters will be pivotal .
“ Renters are under enormous financial strain and the current need to double-up on bonds to move often traps people in unsuitable housing ,” Mr Cavanough said .
“ A National Portable Bond Scheme would put real money back into the pockets of people who often desperately need it . We know the ‘ Australian dream ’ of property ownership is out of sight for many , yet our entire political class remains obsessed with the interests of homeowners . Renters are overlooked and treated as a minority or pitied for their inability to achieve homeownership .
“ Renters need to be treated seriously with practical reforms that offer them real benefits today while laying the
groundwork for long-term change . “ Right now , landlords and bondholding authorities are the only people who benefit from the interest that accrues on rental bonds . That ’ s stupid and unfair . A National Portable Bond Scheme would ensure tenants are rewarded for their responsible tenancy and enjoy interest on the money they have paid .
“ If people get an opportunity to move and improve their work , study or living conditions they shouldn ’ t be held back by our outdated and unnecessary bond system . Labor needs to have a serious think about what they do for renters , as these voters could decide the party ’ s fate at the upcoming election .”
By earning interest on their bonds , The McKell Institute estimates renters could accumulate up to $ 2,600 in interest over 10 years , which could provide muchneeded emergency savings if required .
Courtesy of The McKell Institute
20 ISSUE 116 // FEBRUARY 2025 HAPPY LUNAR NEW YEAR ! theindependentmagazine . com . au THE HILLS INDEPENDENT