Budget’s switch to spending

Original article by Phillip Coorey, Jacob Greber
The Australian Financial Review – Page: 1 & 4 : 11-May-15

The Australian Government’s May 2015 Budget will replace all existing rebates for childcare services with one means-tested subsidy. However, Prime Minister Tony Abbott has indicated that the $A3.5bn childcare package is conditional on Senate support for welfare reforms that were in the 2014 Budget. Shadow treasurer Chris Bowen has reiterated that the Opposition will not support the proposed changes to family benefits.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF SOCIAL SERVICES, AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, AUSTRALIA. PRODUCTIVITY COMMISSION

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