House of Representatives
Family Assistance Legislation Amendment (Child Care Measures) Bill 2014
Explanatory Memorandum
(Circulated by authority of the Assistant Minister for Education, the Honourable Sussan Ley MP)Financial impact statement
The CCR measure is expected to deliver net savings of $105.8 million over three years (2014-15, 2015-16 and 2016-17). The CCB measure is expected to deliver net savings of $230.4 million over four years (2014-15, 2015-16, 2016-17, and 2017-18).