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Inner Western Courier Thursday Not Used Anymore : June 25 2008
INNER-WEST WEEKLY, Thursday, June 26, 2008 21 NEWS www.innerwestweekly.com.au Federal MP Anthony Albanese with one of the children from The Infants Home in Ashfield. Tax relief for parents WHAT better place to announce increases to the childcare tax rebate than The Infants Home in Ashfield? Grayndler Federal Labor MP Anthony Albanese visited the home recently to announce that from July 1 the childcare tax rebate would increase from 30 per cent to 50 per cent of out-of-pocket costs. The maximum payment will increase from $4354 to $7500 a child, and payments will be made quarterly rather than annually. The first of these payments will be made in October this year. The Infants Home Child and Family Services, a not-for-profit organisation, provides specialised services to children and families in the community. ''The Infants Home is a great example of high-quality childcare available to the families in the Ashfield area,'' Mr Albanese said. It provides a range of additional services including speech ther- apy, occupational therapy, early childhood nurse consultations, and visiting GPs. The centre also works in part- nership with schools in the area. The childcare tax rebate is not income-tested and is available to working families with children in approved care, whether they re- ceive other government subsidies or not. Mr Albanese said the Federal Government had committed to establishing up to 260 additional early learning and care centres across Australia by June 2014. The Inner West had been ident- ified as a priority area for phase one of this initiative, which would deliver the first 38 centres by June 2010. ''Families have told me of their frustration of being unable to access places in child care in the area, and the impact this has had on their ability to work,'' he said. Watchdog says end tax-break KIM SHAW state parliament THE state's independent prices watchdog IPART has put councils offside with a suggestion that the local government exemption for payroll tax be removed. The IPART review into the state's tax system also suggested that compulsory contributions from insurance companies to fire services be replaced by an increase in local government payments. Council rates would have to rise in accordance with these changes, the IPART recommended. President of Local Government and Shires Association Genia McCaffery called the recommendations a ''tax by stealth''. She said the fire-service levy, of which some 12-13 per cent was currently paid through council levies, should be billed separately so ratepayers knew what they were paying for. Cr McCaffery said the extra charges recommended by the IPART could amount to $200 a year. The State Opposition accused the Govern- ment of treating local government like a ''hollow log''. The cancellation of councils' payroll tax exemption was expected to reap the State Government an extra $187 million a year. The Greens welcomed the suggestion of a congestion tax, part of the same review, yet said it would only work if the public transport system was boosted to cope with the extra patronage. Show fails to take off LAST week the Inner-West Weekly ran a giveaway for double passes to the Boeing Boeing show. Unfortunately the show has been can- celled for financial reasons. The show's promoters apologise for any inconvenience. Breakfast guest CHAMPION rower Tom Treseder will be the guest speaker at the next Bede Men's Network breakfast in Drummoyne this Saturday. As well as winning 33 World Masters Rowing Championships, the Chiswick man is an industrial designer and invented a talking book -- Megavoice. He was born in Five Dock and went to school in Drummoyne. The breakfast will be held from 8am to 10am at 21 College St, Drummoyne. The $5 entry fee includes a cooked breakfast. Men of all ages welcome. Call James Macbeth on 0431 617 510 or go to www.stbedesdrummoyne.org Fixed Term Deposits are issued by Suncorp-Metway Ltd ABN 66 010 831 722. AFSL No: 229882. Please read the Product Disclosure Statement before making any decision regarding this product. Contact us for a copy. Rates effective 2/06/08 and are subject to change without notice. Terms and conditions apply and are available on request. *An interest adjustment will apply to early withdrawal. Fees and charges may apply. BSUNRB3579_IWW Call 13 11 55 or visit your local branch at 74 Burwood Rd, Burwood. Carve out a strong investment return with a Suncorp Term Deposit. 7.85% p.a.* 4 months (Interest paid on maturity) 8.70% p.a.* 36 months (Interest paid monthly) 8.80% p.a.* 12 months (Interest paid on maturity) iiiii i 5 5 5 5 5 5 Minimum balances of $25,000
June 18 2008
July 2 2008