Explanatory Memorandum
Circulated By Authority Of The Minister For Employment And Workplace Relations The Honourable Julia Gillard MpOUTLINE
This Bill amends the Income Tax Assessment Act 1997 , the Social Security Act 1991 and the Social Security (Administration) Act 1999 to cease eligibility and payment of the employment entry payment. This measure will provide net savings of $60.8 million over five years.
This measure will simplify and reduce overlap in the provision of financial and other assistance to income support recipients moving into employment. It also delivers on the Government's commitment to responsible economic management.
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