Summary
                    
                        Amends the: 
Social Security Act 1991
 to: expand qualification for parenting payment (single) to single principal carers whose youngest child is aged under 14 years; increase the rates of certain working age and student payments, including jobseeker payment, youth allowance, parenting payment (partnered), austudy payment and disability support pension (youth), by $40 per fortnight; expand eligibility for the higher rate of jobseeker payment to recipients aged 55 years and over who have been on the payment for 9 or more continuous months; and 
A New Tax System (Family Assistance) Act 1999
, 
Social Security Act 1991
 and 
Veterans’ Entitlements Act 1986
 to increase the maximum rates of Commonwealth rent assistance by 15 per cent.