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Life’s Big Questions - Brian's Edition: post #609 — TG.ME

Life’s Big Questions - Brian's Edition@bchoklbq · 358 subscribers Open in TelegramOpen

t.me/bchoklbq/609

June 30, 2026 199 1

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NDR 2026 🇸🇬 Big themes tonight were on families, culture and growing bigger. Here’s what PM Wong announced: 👶 Child Support Package Baby Bonus + Large Families schemes getting replaced with one simpler package: up to S$62k per child till age 17. The key part is that the core benefits are the same amount regardless of birth order. No more first-child-gets-less logic. • S$10k Baby Gift (before age 1) • S$32k Child Credits age 1–16 (incl. S$2k/yr cash) • S$5k CDA First Step + up to S$5k co-match • S$10k PSEA top-up at 17 Throw in MediSave + Edusave → ~ S$70k per kid all in. Disbursements start progressively from 2027, including age-appropriate benefits for existing children. Families with 3+ children will also continue getting additional support in areas like healthcare, transport and housing. 🏠 Housing • Feb 2027: first-timer families get +1 ballot chance per SC child aged 18 and below, including babies on the way (BTO/SBF) • HDB household income ceiling up S$14k → S$16k, with corresponding increases to several housing schemes and loan eligibility thresholds (from 24 Aug) • Singles income ceiling also up S$7k → S$8k 👨‍👩‍👧 Leave + preschool • Childcare leave now tiered by no. of kids → 8/10/12 days per working parent for 1/2/3+ kids respectively, for parents with children up to age 12 • Govt fully funding statutory child-related leave incl. maternity, up to existing reimbursement limits • Full-day childcare fees down to S$150 (infant care S$300) at govt-supported preschools by 2030 → will be “less than half” of today More importantly, PM Wong asks for employers to provide stronger support for employee-parents, letting them take their entitled leave without worry, and supporting their transition back to work!! 🎬 Culture Dialect films allowed in cinemas from Sep 2026 (with Chinese subtitles + dubbed ver), subscription TV dialect limits removed. Mandarin still mainstay for free-to-air. 📱 Social media Might raise min age beyond 13 if platforms don’t tighten up, alongside stronger age verification and safeguards for children online. 🏝️ Growing bigger Plans to merge Semakau/Bukom/Sudong + smaller isles into one new Western island, Sentosa–Brani integration reaffirmed, and they’re studying undersea tunnels to Tekong 👀 My thoughts 🧠: clearly a step in the right direction for families. The flat per-child structure is the smart move as it removes the old birth-order difference in the core benefits and just treats every kid the same, while larger families can still get additional support. However, can’t help noticing it’s very family-heavy. Singles carry a lot of the same cost-of-living weight and there wasn’t much for them today. So hopefully that’s still something on the govt’s radar to be announced later. 🫶 181·Aug 23 reach out to your advisor and if you have queries feel free to reach out to me 233·Jul 24 If you're a HSBC plan holder, or previously AXA (that got merged with HSBC) don't fret, your plans are likely still intact 235·Jul 24 Allianz to buy HSBC's Singapore insurance unit for S$2.9 billion https://www.businesstimes.com.sg/companies-markets/allianz-buy-hsbcs-singapore-insurance-unit-s2-9-billion 235·Jul 24 📈 June market round up 📉 The AI boom continues: Nvidia's new superchip sends tech stocks to fresh records https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-06-01-2026 Inflation hits 4.2%: why rising energy costs are keeping prices high for consumers https://www.cnbc.com/2026/06/10/cpi-inflation-report-may-2026.html The Fed holds firm: interest rates stay put as officials watch inflation closely https://www.federalreserve.gov/newsevents/pressreleases/monetary20260617a.htm Oil prices rebound: how renewed Middle East tensions are pushing up the cost of crude https://www.reuters.com/world/africa/dollar-poised-best-month-nearly-year-eyes-jobs-data-gulf-tension-2026-06-29/ The dollar strengthens: why global uncertainty is making the US currency a safe haven https://www.reuters.com/world/africa/dollar-poised-best-month-nearly-year-eyes-jobs-data-gulf-tension-2026-06-29/ Tech selloff hits Asia: rising AI costs spark a sudden drop in major chip stocks https://www.cnbc.com/2026/06/26/global-tech-stocks-ai-infrastructure-costs-selloff-softbank-apple.html Bitcoin drops below $72,000: why major corporate sales are testing crypto investors https://www.investopedia.com/stock-market-today-dow-jones-s-and-p-500-06012026-11987627 288·Jul 13

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