Timeline

1 April 2009

• The minimum family tax credit rate increased to ensure that a family's after-tax income does not fall below $20,540 ($395 per week after tax).
• Childcare Subsidy and OSCAR Subsidy thresholds and rates have increased.

1 April 2008

• The minimum family tax credit rate increased to ensure that a family's after-tax income does not fall below $18,460 ($355 per week after tax).
• Childcare Subsidy and OSCAR Subsidy rates increased.

1 April 2007

• Family tax credit rates increased.
• Income limits for the family tax credit increased.
• Future payments will be regularly adjusted for inflation.

1 April 2006

• In-work tax credit replaced Child Tax Credit for eligible families.
• Income limits for the minimum family tax credit increased.
• Higher income thresholds were set for Working for Families Tax Credit (family tax credit, in-work tax credit and parental tax credit) and the abatement rate reduced.

3 October 2005

• Childcare Subsidy and OSCAR Subsidy rates increased by another 10%.

1 April 2005

• Family tax credit rates increased.
• Foster Care Allowance, Unsupported Child’s Benefit and Orphan’s Benefit rates increased.
• Accommodation Supplement maximum rates increased in some areas with high housing costs.