Federal budget 2015: Large families to lose out amid big boost to childcare funding

Latest News | May 15, 2015

About 125,000 families will lose $320 a year, with a supplement for large families facing the chop in the federal budget. 

The Abbott government will save $177.3 million over four years by cutting an additional Family Tax Benefit payment that goes to big families.  

Big families at present qualify for a supplement for their fourth and subsequent children, but from July 1, 2016, will lose $321 a year for their fourth child and every subsequent child. 

It is understood the government will justify the saving because there are economies of scale in larger families. However, families will continue to get a per child rate for each eligible child, as part of their regular family benefits.

Full Article: SMH