Second Reading Speeches

Household Stimulus Package Bill 2009

Type
Government
Portfolio
Families, Housing, Community Services and Indigenous Affairs
Originating house
House of Representatives
Status
Not Proceeding
Parliament no
42

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Summary

Part of a package of six bills to give effect to the Government’s Nation Building and Jobs Plan, the bill amends the:

Social Security Act 1991
and
Social Security (Administration) Act 1999
to provide for the payment of a one-off $950 bonus to: eligible students returning to study or training in 2009 and certain other income support recipients; and farmers and farm-related small business owners receiving exceptional circumstances related income support payments;
Social Security Act 1991
to: reduce the qualification period for the education entry payment from 12 months to four weeks of continuous receipt of income support payments; and provide for an education entry payment supplement of $950 to those eligible for the education entry payment;
A New Tax System (Family Assistance) Act 1999
and
A New Tax System (Family Assistance) (Administration) Act 1999
to: provide for the payment of a one-off $950 per child bonus to families eligible for family tax benefit (FTB) Part A and certain children who receive a carer payment or disability support pension; and provide for a single income family bonus payment of $950 for families entitled to the FTB Part B. Also: enables the establishment of administrative schemes to provide bonus payments in circumstances where the statutory regime does not produce an appropriate result; and makes further consequential amendments to four other Acts.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

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