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).


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