House of Representatives
Social Security and Other Legislation Amendment (Income Support Bonus) Bill 2012
Explanatory Memorandum
(Circulated by authority of the Minister for Employment and Workplace Relations, the Honourable Bill Shorten MP)Financial impact statement
The Income Support Bonus will have the following budgetary implications:
| Year | Expense ($ million) |
|---|---|
| 2012-13 | 152.7 |
| 2013-14 | 298.8 |
| 2014-15 | 305.7 |
| 2015-16 | 313.0 |
| TOTAL: | 1070.4 |