The Federal Labor Government’s new Schoolkids Bonus has started landing in the bank accounts of local families from today.
Member for Grayndler Anthony Albanese said about 4,450 local families would receive their Bonus over the next fortnight before their kids return to school.
“The Schoolkids Bonus will help parents buy uniforms, school books and stationery, as well as other costs like sports registration fees, music lessons and school excursions,” Mr Albanese said.
“Each year eligible families will receive up to $410 for each child in primary school, and up to $820 a year for each high school student paid in two instalments – just when families need it most.”
Mr Albanese said many families are feeling the pinch right now and need a bit of extra support.
“The Schoolkids Bonus replaces the old Education Tax Refund, which too many families were missing out on,” Mr Albanese said.
“A lot of families just couldn’t afford to buy the school items first and then wait months and months to get something back.
“The upfront payment means families do not have to collect a pile of receipts or fill out that extra paperwork at tax time. They money is in their pocket when they need it most – before the kids go back to school.”