Sunday, 21 April 2024
    Cheaper child care on the way
    29
    Nov
    Child care

    Cheaper child care on the way

    Families will have access to cheaper childcare next year as the federal government’s childcare subsidy laws pass through parliament, 7 News reports.

    The laws passed the House of Representatives after the Senate agreed to amendments.

    It will mean, from July next year, families earning up to $80,000 will receive a 90 per cent childcare subsidy.

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    This will decrease by 1 per cent for every additional $5000 of income earned and stop at a threshold of $350,000.

    A further subsidy will also be in place for second children and those younger than the age of five.

    Indigenous children will also receive 36 hours of subsidised care each fortnight.

    Education Minister Jason Clare said before the subsidy came into place two inquiries would look at childcare costs and accessibility across Australia.

    “Just like we’ve got universal Medicare... just like we’ve got universal superannuation... we need a universal early education system that gives all children the early education that they deserve,” he said.

    FULL STORY

    Families one step closer to cheaper childcare with new laws (7 News)

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