The most important way the Government can support families is putting in place policies that create a stronger economy with more jobs.
Today there are over 1.2 million more Australians in jobs than before this Government was elected. Nearly 60% of these have been full time jobs.
412,300 more jobs were created in 2017 alone – the most jobs created in a calendar year on record.
100,200 more jobs for 15-24 year olds were created in the 12 months to June 2018. This was the strongest result of any financial year on record (since 1979).
The unemployment rate is now 5.1%. When Labor left office, unemployment was 5.7%.
The percentage of working age Australians on welfare has fallen to 15% - the lowest rate of welfare dependency in over twenty-five years.
We are working to build a stronger economy, with more jobs, by: backing small businesses, encouraging hard work, boosting exports, fixing the budget and building infrastructure.
ACCESSIBLE, AFFORDABLE CHILD CARE
Our new Child Care Subsidy is a once in a generation, $2.5 billion investment by the Liberal and Nationals Government. It is making child care more accessible and affordable.
The Child Care Subsidy assists more than 1 million families to balance work and parenting responsibilities.
On average, families who use child care will be over $1,300 better off per child per year.
Some examples of typical families who are better off with the new Subsidy include:
- A family on $50,000 - both parents or a single parent working, with two children under 6 in long day care three days a week at $100 a day - will be more than $3,000 a year better off.
- A family on $80,000 - both parents or a single parent working full time, with two children under 6 in long day care five days a week at $100 a day - will be over $8,000 a year better off.
- A family on $94,000 - both parents or a single parent working, with two children under 6 in long day care two days a week at $100 a day - will be around $1,500 a year better off.
- A family on $150,000 - both parents or a single parent working, with two children under 6 in long day care three days a week at $100 a day - will be around $1,000 a year better off.
Families earning up to $186,958 will no longer be limited in the amount of subsidised child care they can access. This benefits around 85% of families using child care.
Families earning between $186,958 and $351,248 will also benefit from an increased annual rebate cap of $10,190 per child per year.
Low income families earning $66,958 or less who do not meet the activity test have access to 24 hours of subsidised care per child per fortnight.
Families can see how they will benefit at www.education.gov.au/eccc
MORE AFFORDABLE, RELIABLE ELECTRICITY
Our plan for affordable, reliable power is already getting results.
AGL, Energy Australia, Origin, Alinta and other retailers have cut prices for customers on standing offers by up to 15%. This means half a million families and small businesses will benefit from lower power prices from 1 January.
On average, savings for residential customers are:
- $200 in NSW
- $313 in Victoria
- $272 in South Australia
- $175 in South East Queensland
A number of new measures will reduce electricity prices, including: a price safety net to protect customers; a big stick to stop energy company ripping off customers; and a technology neutral program to underwrite new reliable energy generation.
In 2018-19, around 4.4 million Australians will get tax relief of $530 per year and over 10 million taxpayers will get some tax relief.
We’re making income taxes lower, fairer and simpler. By the time our tax relief plan is fully implemented, 94% of taxpayers will pay no more than 32.5 cents in the dollar.
Tax relief been delivered for 3.3 million small and medium businesses employing around 7 million Australians.
We will fight Labor’s plan for $200 billion in new and increased taxes – on retirees, electricity, incomes, housing and investments.
The Coalition Government’s $75 billion roads, rail and airport plan will relieve congestion, grow our regions and make life easier for Australians.
We are investing in major highway upgrades, congestion busting roads, better local roads and important public transport rail projects to reduce travel times and improve safety.
INVESTING IN SCHOOLS AND STUDENT OUTCOMES
Our guaranteed funding commitment invests an additional $37.6 billion in schools over the next decade (to 2029).
Our commitment increases average funding per student by 62% over a decade.
Funding is being doubled for public schools. Funding for non-government schools is being increased by 70%.
This support is only possible because of the strong economic management of the Liberal and Nationals Government.
This funding is dedicated to enhancing outcomes for your child at school, so they have the best start in life.
To see what long term funding is being provided to your local school, see: www.education.gov.au/school-funding-estimator
BETTER HEALTH CARE
Federal funding for public hospital services under the Coalition has increased from $13.3 billion in 2013-14 to a record $23.4 billion in 2020-21 – a 76% increase.
This means more hospital services, doctors and nurses.
More Australians are seeing their doctor without having to pay. Over 133 million free GP services were delivered last year – 27.3 million more than in Labor’s last year.
We have taken steps to make private health insurance more affordable. We are also requiring private insurers to categorise products as: gold; silver; bronze; basic, and use standard definitions to make it clear what’s covered and what isn’t.
All 12 and 13-year-old girls and boys now have free access to the Gardasil 9 Vaccine, to protect them from the HPV virus.
Our No Jab, No Pay policy is protecting children from preventable diseases. The immunization rate is now over 94% – the highest on record.
Since October 2013 we have subsidised over 1,900 new life saving and life changing medicines on the pharmaceutical benefits scheme - that is on average one more medicine every day.
Information current as at January 2019