Notably JobKeeper payments will be reduced from $1200 to $1000 a fortnight for full-time workers and from $750 to $650 a fortnight for part-time workers from January 4.

The scheme is scheduled to draw to a close on March 28.

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The JobSeeker coronavirus supplement will be reduced from $250 a fortnight to $150 from January 1.

Australian Council of Social Service chief executive Cassandra Goldie said the number of people on JobSeeker doubled to 1.5 million during the pandemic.

She said the number of people in receipt of the payment was expected to rise by more when JobKeeper ends in March.

Employers will be able to make their first claim for the JobMaker hiring credit in February.

The credit will give employers $200 a week for each eligible employee aged between 16 and 29 and $100 a week for each eligible employee aged 30 to 35.

The credit will be paid for each job they create over 12 months from October 7 last year.

Eligible employees must have worked an average of at least 20 hours per week over the quarter and must have been in receipt of an income support payment before they were hired.

Age-pensioners will receive their second $250 cash payment in March as detailed in the 2020-21 federal budget.

The first payment should have been received in December.

Temporary debt relief measures will be cut back from January 1.

According to the Australian Financial Security Authority, the minimum debt threshold required for creditors to apply for a bankruptcy notice against a debtor will reduce from $20,000 to $10,000.

The timeframe for a debtor to respond to a bankruptcy notice will revert to 21 days.

The maximum age of dependents on family private health insurance policies will be raised from 24 to 31 years in April.

There will be no age limits for dependents with a disability.

A study by the Australian Institute of Health and Welfare last year found the proportion of the country's population with the lowest private health coverage were aged between 25 and 29 years old.

The number of psychological services to receive support from Medicare will double from 10 visits to 20 this year.

The subsidy can be accessed after completion of a mental health plan with a general practitioner.

Paid parental leave requirements are set to change in 2021.

Parent who give birth to, or adopt, a child between March 22 last year and March 31 this year will be able to receive the payment if they had worked in 10 of the 20 months prior.

Previously to qualify, a parent would have had to have worked 10 or the 13 months prior to a birth or an adoption.

The measure is estimated to allow about 9000 mothers to regain eligibility for paid parental leave.

The moratorium on rental evictions and rent price increases will end on January 31.

The protections, designed to protect renters from evictions for nonpayment of rent due to financial hardship by way of the coronavirus pandemic, were introduced in March.

HomeBuilder Grants on offer from the government will close on March 31.

The Commonwealth grant provides $15,000 for contracts signed between January 1 and March 31, or $25,000 for contracts signed between June 4 and December 31.

Applicants have six months from the date of their signed contract to commence construction.