Working families are better off under Labor, Rudd government claims

Tuesday 27 April 2010

Article by Mozo

Tax relief measures and other benefits have meant that working families are almost $4,000 better off under Labor, the Rudd government has said.

The claim came as the Treasury provided the Sunday Herald Sun with an analysis that it will use to show that working families have reaped various financial benefits under the current government.

This in turn will be used to justify the government’s May 11th budget which, Labor says, will not offer working families further tax relief or family payment increases as the focus instead turns to long-term investments in infrastructure.

Rising benefits in recent years may have encouraged some families to compare savings accounts in search of the best returns for their money.
Last week, a report in the Sydney Morning Herald suggested that online savings accounts are "the way forward" for people looking for good interest rates and no fees.

However, welfare groups have disputed the government’s $4,000 claim, arguing that tax cuts are still needed for lower-income families.

Speaking to the Herald Sun, Cath Smith, the chief of the Victorian Council of Social Service, noted: "Food prices have been rising by nine per cent on average year on year, and some foods by 14 per cent."

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