THE HON WARREN SNOWDON MP
Member for Lingiari
16 June 2011
The Gillard Labor Government has delivered on two key election promises to help families and pensioners, with significant legislation to support these groups passing the Senate today.
The Government is increasing the maximum rate of Family Tax Benefit Part A for 16-19 year olds in secondary school or training and will help age pensioners keep more of the money they earn from work.
Member for Lingiari, Warren Snowdon, said the Government’s initiatives are a big win for both families and pensioners in Lingiari.
“We know that raising children does not get cheaper as they get older. The cost of groceries, clothes and family activities can all increase as children grow,” Mr Snowdonsaid.
“That’s why we’re increasing the maximum rate of Family Tax Benefit Part A for 16-19 year olds who are at school or training from 1 January next year.
“Around 4,700local families in Lingiari could benefit by up to $4,200 per teenager.”
To better support age pensioners who want to work, the Government is also delivering a new and improved Work Bonus from July 1 this year.
“Local pensioners can now keep more of the money they earn from work, through the Government’s new expanded Work Bonus,” Mr Snowdonsaid.
“This is a big win for the 9,600local pensioners, particularly those age pensioner employed in casual and seasonal work.”
Eligible pensioners can earn up to $250 a fortnight without it being assessed as income under the pension income test. In addition, any unused amount of the fortnightly $250 Work Bonus will accumulate in an employment ‘income bank’, up to a maximum amount of $6,500.
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