House debates

Thursday, 12 February 2009

Household Stimulus Package Bill (No. 2) 2009

Second Reading

9:37 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Leader of the House) Share this | | Hansard source

I move:

That this bill be now read a second time.

We are reintroducing this bill due to Senate obstruction and I refer to the minister’s previous second reading speech on this bill.

This bill provides for amendments to various acts to deliver the household stimulus package contained in the government’s Nation Building and Jobs Plan.

The household stimulus package includes key bonuses:

  • single-income family bonus of $900 to eligible recipients
  • back-to-school bonus of $950 to eligible recipients
  • training and learning bonus of $950 to eligible recipients
  • farmer’s hardship bonus of $950 to eligible recipients

These one-off bonuses are necessary to provide an immediate stimulus to the economy given the severity of the global downturn. It is a critical part of the government’s National Building and Jobs Plan, which is why the government is reintroducing this legislation into the House.

Full details of the measures in this bill are contained in the explanatory memorandum.

Photo of Harry JenkinsHarry Jenkins (Speaker) Share this | | Hansard source

In accordance with the resolution agreed to earlier, the debate is adjourned and the resumption of the debate is made an order of the day for a later hour this day.