House of Representatives

Social Security and Other Legislation Amendment (Employment Entry Payment) Bill 2008

Explanatory Memorandum

Circulated By Authority Of The Minister For Employment And Workplace Relations The Honourable Julia Gillard Mp

FINANCIAL IMPACT

This measure has a total estimated net saving of $60.8 million over 5 years.

Expense ($m)
2007-08 2008-09 2009-10 2010-11 2011-12
Department of Families, Housing, Community Services and Indigenous Affairs 0.1 -4.2 -4.3 -4.2 -4.2
Department of Education, Employment and Workplace Relations 0.9 -10.7 -11.5 -11.4 -11.3
Total 1.0 -14.9 -15.8 -15.6 -15.5


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