Senate debates

Tuesday, 16 September 2008

Questions without Notice: Additional Answers

Pensions and Allowances

3:02 pm

Photo of Chris EvansChris Evans (WA, Australian Labor Party, Leader of the Government in the Senate) Share this | | Hansard source

I seek leave to incorporate in the Hansard an answer to a question Senator Boswell asked me about pensions and allowances on Thursday, 4 September.

Leave granted.

The answer read as follows—

Further Information For Senator Boswell Question Asked Thursday 4 September

[Senator BOSWELL—Mr President, I ask a supplementary question. When will the government advise the 74,400 families receiving family tax benefit and the 18,800 families receiving childcare benefit that they will receive reduced benefits from July 2009?]

In April each year, FTB instalment customers receive a New Financial Year Assessment (NFYA) letter advising them of the need to update their Income estimate for family assistance purposes for the coming financial year. At this time, customers will be advised to include in their income estimates from the 2009-10 financial year onwards, any amounts to be salary sacrificed to superannuation and net financial investment losses that will need to be taken into account in determining their new income estimate.