Australian Coat of Arms

Member for Blaxland

Shadow Minister for Trade and Investment

Shadow Minister for Resources and Northern Australia 

Ice Man Turnbull Freezes Family Payments

The Turnbull Government has given the cold shoulder to the families of Bankstown freezing Family Tax Benefit Payment rates for two years whilst giving millionaires a tax cut.

These cuts mean 18,000 local families will be up to $605 worse off over the next two years.

At the same time he is giving millionaires a tax cut of $16,400 a year.

This proves how out of touch Malcolm Turnbull is. He just doesn’t get it.

The freeze means 1.5 million Australian families will miss out on $1.4 billion.

Cuts to family payments start on 1 July this year - the same day the Turnbull Government will abolish the deficit levy, giving a tax cut to millionaires.

Turnbull freezing Family Tax Benefit payments:
All Family Tax Benefit A recipients have household incomes less than $52,000 a year.

  • A single income family on $60,000 with two primary school age children will be around $440 worse off over the two years.
  • A dual income family on $50,000 with two children in primary school will be around $340 worse off over the two years.
  • A single parent on $60,000 with two high school children will be around $540 worse off over the two years.
  • A single income couple or single parent family with three children under 12 will be around $605 worse off over the two years.

ISSUED: MONDAY, 03 APRIL 2017

MEDIA CONACT: BENJAMIN GRANGER 02 9790 2466