Child Care Subsidy leaves more money for parents
- Minister for Education
Our Government’s Child Care Subsidy is leaving more money in parents’ pockets.
Since the Child Care Subsidy was introduced on 2 July 2018, out-of-pocket child care costs for families have fallen by 5.6 per cent, according to the Australian Bureau of Statistics’ consumer price index (CPI) released today.
Minister for Education Dan Tehan said the Morrison Government was providing record funding of more than $8 billion for child care this financial year.
"Our Government’s Child Care Subsidy is designed to assist parents with the cost of child care while they’re working, training, studying or volunteering – and it continues to do exactly that,” Mr Tehan said.
"The Morrison Government’s child care reforms are leaving more dollars in the pockets of Australian families.
“Since the Child Care Subsidy was introduced, out-of-pocket costs were less than $5 per hour per child for the parents of 732,500 (74.6 per cent) children in centre based day care.
“Out-of-pocket costs were less than $2 per hour per child for the parents of nearly 233,000 (23.7 per cent) children in centre based day care.”