Timeline
1 October 2010
- The family tax credit base rate increased by 2.02%.
- The minimum family tax credit base rate increased to ensure that a family's after-tax income does not fall below $21,216 ($408 per week after tax).
- Childcare Subsidy and OSCAR Subsidy rates have increased.
27 September 2010
- Childcare and Oscar Subsidy income thresholds reduced
- Grandparenting of existing Childcare and Oscar Subsidies
1 April 2010
- The minimum family tax credit rate increased to ensure that a family's after-tax income does not fall below $20,800 ($400 per week after tax).
- Childcare Subsidy and OSCAR Subsidy rates have increased.
- Accommodation Supplement rates have increased .
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.
