The government will spend $3.5bn over the next four years on the childcare package – which takes effect after the next election in July 2017 – in addition to the about $7bn a year already budgeted for childcare spending. The new system will:
• offer more generous payments of 85% of the cost of care to all families earning up to $65,000;
• remove the $7,500 a year each child cap on payments to all families earning up to $185,000 a year;
• continue to offer the 50% rebate to families earning over $185,000 and increase the annual cap for each child for these families to $10,000.
But to save money it will also:
• remove all childcare subsidies for families earning more than $65,000 where both parents are not in the workforce, replacing them with a sliding scale of payments to encourage parents to increase their hours of casual or part-time work;
• reduce the number of hours of subsidised childcare offered to non-working families earning under $65,000 to 12 hours a week, but continue to subsidise those hours recognising that children from these families may have particular need of the pre-school education that childcare provides;
• Stop parents from “double-dipping” by accessing both government- and employer-funded paid parental leave.
And the entire package depends upon the Senate passing the cuts to family tax benefits proposed in last year’s budget but rejected by the Senate. They included:
• ending family tax benefit B (paid to single-income families) when the youngest child turns six, saving $1.9bn over five years;
• freezing all family tax payments for two years, saving $2.6bn over four years;
• cutting end-of-year family tax benefit supplements, saving $1.2bn over four years.
+ Reply to Thread
Results 21 to 30 of 509
10-05-2015 14:59 #21
The Following User Says Thank You to ExcuseMyFrench For This Useful Post:
10-05-2015 15:10 #22
I did just see something brief on the childcare subsidies.
Its mixed. On one hand yeh ok maybe sacrificing paid time off for CC rebates is alright. But i still cant help but think its "unfair". Why should i pay tax on my PPL, then have to return to work early because it was shortened, then pay childcare and only then will i be benefitted by cheaper rates IF im eligible. Wth is that.
10-05-2015 15:18 #23
So basically the message to women is: go to work ladies, but don't go getting above your station and thinking you can earn a higher income. Back to the secretarial pool for you luv.
10-05-2015 15:18 #24
I do think the removal of the so-called "double dipping" is unfair. Employers don't offer paid parental leave out of the kindness of their heart; its to make them a more attractive employer so they will get the best staff. It's just like being know to pay above market salaries or give really generous bonuses. It's not fair that those businesses can't do whatever they want to attract great staff.
The Following User Says Thank You to JR03 For This Useful Post:
10-05-2015 15:23 #25
10-05-2015 15:24 #26
10-05-2015 15:29 #27
When is this supposed to come into effect?
10-05-2015 15:31 #28
At the risk of getting my head bitten off I want to ask a genuine question. If new mothers are taking their workplace's PPL which encourages them to return to work, level the playing field, reward them etc etc, why do they feel entitled to a 2nd PPL for the same reason?
The Following User Says Thank You to delirium For This Useful Post:
10-05-2015 15:35 #29
@delirium - My work only offers unpaid maternity leave so i get nothing from them, just the government one, however i believe some workplaces only offer a few weeks paid leave. In this instance i can see why these ladies would need both. 4 weeks is not enough time off with a new baby, especially if you have a csection etc.
10-05-2015 15:39 #30
Then depending on your private salary package you get other benefits.
Personally I made choices in my career to get those benefits, so I wouldn't be overly impressed if they were taken away from me in a matter of weeks.
However if given enough notice I wouldn't mind. I would just move to a different employer offering better benefits.
By beebs in forum News & Current AffairsReplies: 267Last Post: 07-07-2014, 12:12
By loislane2010 in forum General ChatReplies: 50Last Post: 24-05-2014, 13:49
By Ellewood in forum News & Current AffairsReplies: 17Last Post: 18-05-2014, 18:44
Innovations Sports PhysiotherapyWomen’s Health Physios who are able to assess and treat a wide range of Pregnancy and Post Natal Issues. We offer ...
LATESTWhat is a blessing way? How is it different to a baby shower?7 ways to break the ‘mumnotony’ at homeGuide to government family benefit payments
POPULARWhen can I start giving chores to my children?New baby nursery checklist – a guide to newborn essentialsWhat to pack for labour and hospital – a checklist
FORUMS - chatting now ...
How long would you leave your 8 (almost 9) year old at home alone?General Parenting Tips, Advice & Chat
Bbt chart thread #8Conception & Fertility General Chat
Looking for other baby wearer'sBabies (3 - 6 months)
2.5yo hitting/pushing (possible ASD)Discipline & behaviour
IVF babies due June/July/August 2017pregnancy and babies through IVF
IVF/FET April & May chatConception & Fertility General Chat
Same Sex Parents TTC #5Same Sex Parents