This report, Breaking the Cycle: New Measures in Budget 2024 to Reduce Child Poverty and Promote Well-being, describes the enhanced steps that the Government is taking to support children to realise their potential and escape inter-generational cycles of poverty.
While the most substantial investment that Government makes in addressing child poverty is through the existing programmes and expenditures, this report provides a whole-of-government overview of new and additional spending in Budget 2024, reflecting the prioritisation of this critical issue.
In developing their Budget plans, every government minister considered their contribution to ending child poverty and promoting child well-being. This report outlines relevant actions and measures identified by twelve Government Departments. Departments will continue to embed this focus as they develop more detailed spending and work planning in the coming months.