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Women and defence force families will gain



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NEWS RELEASE FROM

12 October 1989

SHADOW MINISTER FOR DEFENCE SCIENCE ft PERSONNEL

The major initiatives announced today in the Coalition's Tax Policy contain measures that will be welcomed by all women with dependent children and especially by the wives of Defence Force Personnel, Senator Jocelyn Newman, Shadow Minister for Defence

Science and Personnel and the Opposition Spokesman on the Status of Women said today.

The Child Tax Rebate and the Dependent Spouse Rebate will mean that families will keep more of their own money in the family purse and give less of it away to the Tax Commissioner. The Child Care Tax Rebate will mean that those women who are working and need childcare will at last have that expense recognised as a cost involved in earning income.

The increase in the Tax Free Threshold for Superannuation from $60,000 to $125,000 will be a great help to Defence Force families, in that it will help them to maximise the funds they have with which to establish a home after being required to retire early. .

Tax deductibility for payments into Retirement Savings Accounts will be very important for all women in casual and part-time work as it will go some way to help them provide for their own retirement. Defence Force wives often find it difficult to find

full-time employment and take part-time jobs where they can as their husbands are moved around the nation.

These measures will all go to providing long overdue support for families who have been struggling to maintain their living standards. \

WOMEN AND DEFENCE FORCE FAMILTRR WTT.T. GATN

COMMONWEALTH PARLIAMENTARY LIBRARY MICAH

For further information please contact Senator Jocelyn Newman at the Sheraton-Wentworth Hotel in Sydney after 6pm on 02-2300700 or Jeannie Cameron on 062-773660.