LAST SUMMER FOR THE SCHOOLKIDS BONUS

January 06, 2016


From today more than 1.5 million Australian families will receive their last summer instalment of the Schoolkids Bonus because of cuts made by the Abbott-Turnbull Government.

The Schoolkids Bonus is a modest payment to help low and middle income families with the cost of sending their kids to school.

Each year, eligible families receive the Schoolkids Bonus amount of:

  • $430 for each child in primary school (two instalments of $215);

  • $856 for each child in secondary school (two instalments of $428).

Eligible families will receive their last summer payment of the Schoolkids Bonus between the 5th-19th January 2016.

Axing the Schoolkids Bonus means a typical Australian family with two kids in school will be more than $15,000 worse off over the course of their children’s schooling.

Australian parents understand how helpful this financial support is as they get their kids ready for the return to school.

Malcolm Turnbull and the Liberals don’t understand that the Schoolkids Bonus can be the difference for so many struggling families.

It can be the difference between whether or not kids get new school shoes. It can be the difference between paying for extra tuition or watching your child fall behind.  It’s the difference between being able to afford new technology or your child going without.

Malcom Turnbull just doesn’t get the cost of living pressures faced by hard-working Australian families.

Instead Mr Turnbull appears determined to increase their cost of living by axing the Schoolkids Bonus and increase the GST to 15 per cent.

An increase in the rate of the GST would be a hip-pocket hit of about $4,000 a year for the average Australian family. 

In September 2014 the Senate passed legislation abolishing the Schoolkids Bonus with the last payment due to be made in July 2016.

FAMILIES HURT BY TURNBULL’S SCHOOLKIDS BONUS CUT – STATE BY STATE:

State

Number of families affected

New South Wales

483,000

Victoria

385,000

Queensland

332,000

Western Australia

138,000

South Australia

119,000

Tasmania

41,000

Northern Territory

18,000

ACT

17,000

WEDNESDAY, 6TH JANUARY 2016

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