Last night’s Federal Budget achieved a surplus in 2012/13 as promised but families in Chifley continue to be looked after.
Mr Husic said the Gillard Government is returning the budget to surplus, on time, as promised.
“Returning to surplus is our best economic defence at times of global uncertainty and gives the Reserve Bank maximum flexibility to cut interest rates further – like it did last week,” Mr Husic said.
“We’re delivering a surplus with targeted and responsible savings while protecting the frontline services Australians rely on as well as helping families with cost of living pressures.”
15,150 families in Chifley are expected to receive an upfront cash payment of $410 a year for each child in primary school and $820 a year for each high school student to meet the cost of education.
The SchoolKids Bonus in Chifley will total $15,664,700 next year and will replace the Education Tax Refund from 1 January 2013.
In another family assistance measure, more than 19,000 local families will receive an increase of up to $600 in their Family Tax Benefit Part A payments from 1 July next year.
Mr Husic said the Government was committed to helping Australians make ends meet as prices for essential services continued to rise.
“We’re delivering vital assistance to help with the cost of living to 17,240 local young people, single parents and unemployed currently receiving allowances by providing cash payments to help meet the cost of essential services like electricity, gas and water.
“Singles will receive a Supplementary Allowance of $210 while couples will receive $350.”
The Government has committed a further $55.7 million to ensure Australia’s most vulnerable children are better prepared to start school.
The two-year Home Interaction Program for Parents and Youngsters (HIPPY) helps parents and carers to take an active role in their children’s education, and provides access to a tutor and practical learning activities and material.
“The Hippy program in Bidwill is doing tremendous work with local families and this extra funding will allow them to expand and assist more families and need,” Mr Husic said.
To assist families who have a child with a disability, the Federal Government will fund its fair share of building a National Disability Insurance Scheme with an investment of $1 billion over fours years.
From the middle of next year, select launch sites around the country will begin serving people with disability. From the middle of 2014 it will serve 20,000 people.