ROBERT McCLELLAND MP
Member for Barton
DARYL MELHAM MP
Member for Banks
The 2012-13 Budget will deliver much-needed cost of living relief to thousands of households across Barton and Banks.
“This Budget is all about making sure all Australians share in the benefits of the mining boom and our strong economy, not just the fortunate few,” Mr McClelland said.
“I know many people in our community feel like this is somebody else’s mining boom.”
“That’s why the budget will spread the benefits of the mining boom to help everyday Australians with cost of living pressures,” he said.
- Delivering a new cash payment to 14,500 local families with kids in schools. Parents will receive $410 for each child in primary school and $820 for each child in high school as part of the new Schoolkids Bonus.
- Increasing family payments by up to $600 for more than 20,000 local families. Flowing from July next year, this extra support will be made to families currently receiving Family Tax Benefit Part A payments.
- Providing extra money to help pay the bills to more than 14,100 local young people, single parents and the unemployed currently receiving allowances. Singles will receive a $210 lump sum payment while couples will receive $350.
Mr Melham said, “We’re returning the budget to surplus, on time, as promised.”
“Returning to surplus gives the Reserve Bank maximum flexibility to cut interest rates further, just like they did last week”.
Mr Melham said Interest rates were now lower than at any time under the previous Government, and a family on a $300,000 mortgage is now paying around $3000 a year less in repayments.
“The Gillard Government is also finding room to deliver reforms which make for a stronger community and a fairer society. Big reforms like the National Disability Insurance Scheme, a big new investment in dental health and Aged care reform,” said Mr Melham.
Contact: Ella Barnett (McClelland) 02 9553 4111
Deborah May (Melham) 02 9774 2111