SBS | Election 2016: Labor drops support for $4.5b Schoolkids Bonus The Sydney Morning Herald Shadow treasurer Chris Bowen has announced Labor will not restore the Gillard-era Schoolkids Bonus, axed by the Coalition with the support of Clive Palmer, marking a turnaround on the $4.5 billion policy they previously lauded. Families will be better ... Labor backtracks on plans to restore Schoolkids Bonus Labor 'can't afford' to restore Schoolkids bonus or reverse pension changes Federal election 2016: Morrison retreats over Labor 'black hole' |