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Changes to the Estimate / Reconciliation process

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From what was said that this Bill will amend Child Support legislation so that Estimate periods will align with Financial years, making the reconciliation process a lot simpler, and therefore possible to automate.

I just happened to be listening to Parliament and heard the beginning of the second reading debate on the CHILD SUPPORT AND FAMILY ASSISTANCE LEGISLATION AMENDMENT (BUDGET AND OTHER MEASURES) BILL 2010. I gather from what was said that this Bill will amend Child Support legislation so that Estimate periods will align with Financial years, making the reconciliation process a lot simpler, and therefore possible to automate. Other changes relating to care percentages and aligning them with the calculations done for FTB were also mentioned.
Does anyone have any comments on what the implications of the Estimate / Reconciliation related changes are ? and the transitional arrangements for those of us whose estimate periods will cross the effective date ? Thanks
The Hansard should be available  on the APH website tomorrow.  The debate should be an interesting read.  Did it get referred to a committee by some chance?
I also found this page on the FAHCSIA with some info and a link to the Bill:

http://www.fahcsia.gov.au/about/news/2010/Pages/income_estimates_improvements.aspx

Looks like this page only went up last week.
It looks like it is intended to come into effect from 1 July this year, so there won't be much time for a committee to look at it!
A topical news item was published the day the new legislation was proposed.

We will be responding to the new legislation early next week.

If you have any comments that you may wish to make please do so.

These comments will be collated and go back to the legislative drafting group. We have some thoughts but do not want to stifle any creative juices :$

Executive Secretary - Shared Parenting Council of Australia
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On the surface the changes look good. We are staring to see the removal of duplicity amongst agencies and in this case Family Assistance's processes will now be available to calculate care percentages for C$A. This I believe is the first of a number of changes that will see the gradual demise of the C$A. I highly recommend that any person seeking to clarify care percentages use Family Assistance and not the C$A.
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