NSW Liberals pledge future fund for kids

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Australia Headlines News

Australia Latest News,Australia Headlines

New South Wales Premier Dominic Perrottet has unveiled his most ambitious election promise to date at the Liberal Party campaign launch in southwest Sydney.

It’s called the NSW Kids Future Fund and will cost $850 million over 4 years, but there’s no detail yet on how it will be paid for.

In Mr Perrottet’s speech to Liberal Party faithful – including former prime minister John Howard – the NSW Premier unveiled the election promise that he hopes will bring his government victory. The NSW Kids Future Fund is an account the Perrottet government will set up for every child 10 years and under in the first year if re-elected and every newborn every year after that.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Vote Liberal.

more socialism

More free shit that costs...

He lied. As does all Murdoch media.

A good start to any kids future

So taxpayers without kids are also going to contribute to what is essentially a super plan for other peoples children.

What about something for those who keep the state running? Fix our roads and do something about the tolls.

Pffft. Too late, buddy.

good for Dom $400 X 7 = $2800/year

The Uni Party - Lab/Lib/LNP/Greens/Teals doing the same thing and expecting a different result From Now on ONLY independents

'ambitious'!!

Is he liberal or labour. I can’t tell anymore

It’s a great idea. Top up contributions matched by the Govt don’t need to come from parents - extended family can contribute at times like birthdays and Christmas putting a little aside each year. Even $400 invested over many years with compound interest gives kids something

Oh, and will this involve getting LGBT indocrination out of schools? Somehow, I doubt it.

Seriously you folks are in for a big fat disappointment. That is the worst policy ever… and smacks of desperation as well as divisive beyond. The numbnuts who benefit from this policy already vote Lieberal. owngoal NSWvotes

Vote1Labor RemoveTheRabble LNPNeverAgain

No good for people with little spare money

You won't see this on sky

Those who can’t afford it lose out again it’s a class divide.

How's Sky's campaigning on his behalf going?

And the major parties wonder why more voters are voting for minor parties. Use this money to fix or health and transport system that benefit all residents.

Smacks of utter desperation

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dominic Perrottet announces ‘future fund’ for NSW children at Liberal election campaign launchPremier pledges up to $400 annually for children to be used on education or housing once turning 18 What a bloody disgrace, he's busy selling off the future of all kids and adults of NSW but hey, we will give you a pittance to support us at the election. What a pathetic joke! Is that promise, they gonna keep, hope so. Dominic Perrottet announces ‘future fund for Liberal children at NSW election campaign launch That sounds more like it to me…
Source: GuardianAus - 🏆 1. / 98 Read more »

Liberal launch: Perrottet’s plan to give every 18-year-old $28,000In a direct appeal to aspirational voters across NSW, Dominic Perrottet has unveiled a future fund plan handing every child a savings accounted seeded with $400. And what is the tax rate for children and unearned income?
Source: FinancialReview - 🏆 2. / 90 Read more »

Perrottet promises major ‘future fund’ for children at Liberal launchA future NSW Liberal government will pay parents to set aside cash for their children’s future home deposits under a major election commitment.
Source: smh - 🏆 6. / 80 Read more »

Can Perrottet continue the Coalition's reign in NSW?A Dominic Perrottet win on March 25 would not only continue the Coalition's 12-year reign in New South Wales but also stem the Labor tide sweeping across Australia. No. Theyre cooked and need to go. No. No. We won't let them.
Source: abcnews - 🏆 5. / 83 Read more »

NSW Liberal Party promises to deliver ‘future fund’ for children if re-electedNSW Premier Dominic Perrottet announced a significant housing and education reform at the Liberal Party’s election campaign launch. Under a proposed “NSW kids future fund”, all children under 10 would be eligible for an account which would begin with a $400 contribution from the government. Families are then invited to contribute to the fund themselves, with the government offering to match the contributions up to $400 annually. Mr Perrottet claimed the fund could result in $28,000 by the time a child turns 18. No details on the potential cost of the fund have been revealed. Sounds like socialism to me. How long has it been since he took over from Gladys? This should have been done months ago if he was fair dinkum. It’s a good concept that encourages our youth to bed fiscally responsive and to save from a very young age
Source: SkyNewsAust - 🏆 7. / 78 Read more »

NSW kids eligible for $49,000 nest egg under Liberal policy explainedThe policy would mean every child aged 10 and under and newborn children will be given an individual NSW kids future fund account starting this year if the party wins the state election on March 25. Political bribe... bs promise that will NEVER BE DELIVERED by NSW LIBNATS. What are the tax implications?
Source: 9NewsSyd - 🏆 23. / 51 Read more »