Explanatory Memorandum
(Circulated by the authority of the Minister for Social Services, the Hon Scott Morrison MP)Outline
This Bill reintroduces a 2015 Budget measure previously introduced in the Social Services Legislation Amendment (Youth Employment and Other Measures) Bill 2015, which was negatived in the Senate on 9 September 2015. The measure will cease the low income supplement from 1 July 2017.
Financial impact statement
The measure will produce savings of $42.9 million over the forward estimates.
Statement of Compatibility with Human Rights
The statement of compatibility with human rights appears at the end of this explanatory memorandum.