Eric Abetz (Tasmania, Liberal Party, Minister for Employment) Share this | Hansard source

We do have appropriate support for families where one parent does not work principally through Family Tax Benefit Part B. We do see the social benefits of time invested by parents in raising their children. I do not think that should ever be underestimated. The current individual tax arrangements support workforce participation, which is one of the government's key principles of tax reform. The recent Intergenerational report projected that the proportion of people working is expected to fall as the population ages. A lower proportion of Australians working will mean lower economic growth over this period. Accordingly, the government is delivering policies that encourage people who are not working to enter or re-enter the workforce.