New PM Malcolm Turnbull brings joy to stay-at-home mums

Australia’s new Prime Minister Malcolm Turnbull has helped put a spring in the step of mums and dads with a $600 million deal made with the Nationals to increase payments for stay-at-home parents. The new PM has promised Cabinet consideration for the package, which would see some families recieve an extra $1000 in benefits.

The deal, reached on Tuesday, will see more payments for stay-at-home parents with children under the age of one and who are eligible for Family Tax Benefit B, The Sydney Morning Herald reports. The package would give 140,000 families earning less than $100,000 with stay-at-home mums an extra $1000 a year.

Family Tax Benefit Part B gives help to families with one main income, either where one parent stays at home to care for a child full-time or balances some paid work with caring for a child.

It is not yet clear what the change in leadership means for the Federal Government’s $40 billion family package, unveiled in the 2015 budget back in May.

Mr Turnbull will decide his ministry this weekend, and it is expected that more women will join the frontbench. Only two women held senior ministerial positions in the Abbott Government. A federal election is likely next year.

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