Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Budget 2025: Can this year's Budget tackle Singaporeans' cost-of-living concerns?

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Budget 2025 brings more support for households and businesses. Every Singaporean household will receive S$800 in CDC vouchers, while eligible HDB households get up to S$760 in U-Save rebates.

Families will benefit from S$500 LifeSG credits for young children and top-ups for students' education accounts, alongside higher ComCare Assistance and pension support.

For businesses, a 50% corporate tax rebate (capped at S$40,000) and increased wage co-funding will provide financial relief. But are these measures enough to tackle Singaporeans' cost-of-living concerns? 

On MONEY MATTER’s Budget 2025 Conversation, Hongbin Jeong and Chua Tian Tian speak to Terence Ho, Associate Professor at SUSS and Nicholas Fang, Nicholas Fang, Director of Security and Global Affairs at Singapore Institute of International Affairs and Director of Strategic Consultancy Black Dot, to find out more.

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