Are the New Tax Benefits for Aussie Families for Real?
Prime Minister Julia Gillard fulfilled her earlier pledge of pushing up the benefits contained in the Family Tax Benefits, picking the first day of the year to mark the realisation of an electoral promise.
On the strength of that scheme and starting the first day of January, Australian families with teenagers still in school will be entitled to claims of up to $6307 each year, Ms Gillard announced.
A particular beneficiary, Ms Gillard said, could avail of $4208 at the maximum of state benefits that she hopes would support her government's educational reforms, with this system specifically focused on encouraging Aussie kids to stay in school and finish a degree in the process.
"This is good news for families with teenagers. It's also good news for the Australian economy because this benefit is tied to kids staying at school," The Australian reported Ms Gillard as saying on Saturday.
The program, the Prime Minister said, would be of great help to newly-settled immigrants, especially the refugees that the federal government has identified as qualified for the financial boosts.
In her visit to west Sydney, Ms Gillard decided to spend some time with families that will reap the fruits of the government tax benefits - two Vietnamese families that The Australian identified as the Huynhs and the Trans.
Two kids of the separate families have expressed interests in finishing their education on different fields, with one young girl emphasising that she plans to become a scientist some day.
Ms Gillard encouraged her young host by stressing: "We need our scientists, so that's a good thing," The Australian said.
Both families, the government said, have been in Australia for more than 20 years, making them eligible for the full benefits embodied by the Family Tax Benefit.
Ms Gillard reminded too that all Australians are set to fully appreciate the reforms she had rolled out, including the tax benefits that families would find timely in cushioning the impacts of higher expenses as soon as kids reach higher education ages.
The Prime Minister asserted too that her programs for Australia's welfare will be further highlighted by her other tax measures, with the new carbon pricing set to deliver the results by this year and the mining tax over the long term.