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December 28 2012, 1:19PM


* Australia starts sitting on UN Security Council, for two years

* Shift single parents who receive parenting payments to the Newstart allowance when their youngest child turns eight. Budget saving of $728 million over four years

* Afghan interpreters working with Australian troops can seek resettlement in Australia if they believe they are in danger from the Taliban

* Kyoto Protocol second commitment period starts

* Standing Council on Disability Reform starts

* Native title claims mediation moves to the Federal Court

* New fees for big users of court system

* 30th anniversary of the Australia New Zealand Closer Economic Relations (CER) agreement

* Working holiday visa fees go up from $280 to $360

* Small Business Commission starts work

* Australia-Malaysia free trade agreement starts

* Expansion of Better Start for Children with Disability program

* Telehealth items under the Medicare Benefits Schedule to be limited to exclude patients in outer metropolitan areas and major cities of Australia

* Pause in indexation to Student Start-up Scholarships at the 2012 rate of $2050

* Limit for Family Tax Benefit (FTB) Part A to young people under 18 years of age or, where a young person remains in secondary school, the end of the calendar year in which they turn 19. Older youths to shift to Youth Allowance

* Schoolkid Bonus. Every eligible family with a child at school will be guaranteed $410 per annum for each primary school student and $820 per annum for each secondary school student

* Start of Basel III capital reforms

* Extra gambling counsellors and services

* Axing of the discount for students taking maths/science university courses

* TAFE loans program for high-demand Certificate IV courses

* Two weeks Paid Parental Leave for dads and partners

* Changes to Fair Work Act relating to renamed Fair Work Commission, as well as unfair dismissals, general protections and enterprise agreements

* Social security agreement with Latvia commences

* Low income family supplement for families to help under Clean Energy Future Household Assistance Package

* Reduce overseas portability of certain social security payments from 13 to six weeks (does not affect the age pension of the severely disabled)

(Source: Federal government; Budget papers)