David Leyonhjelm (NSW, Liberal Democratic Party) Share this | Hansard source

I rise to indicate that I will be supporting this. This $350,000 cut-off level was negotiated jointly by me and Senator Hinch with the minister and with the Minister for Finance, Senator Cormann. All I want to do is highlight the fact that anyone who opposes this amendment will basically be saying to the Australian public: 'Even though you are earning $350,000 a year or more, you are still entitled to hold your hand out for a childcare subsidy; even though you are earning $350,000 a year or more, you can hold your hand out for other people's money for a childcare subsidy.' And the people who are paying that subsidy do not earn anything like $350,000 or more—not a fraction of it. It is just something to think about. It will be on the record.