Federal Budget to Provide $1.7 Billion for Childcare
Australian families with two children in childcare can receive an increase of subsidy from July after Treasurer Josh Frydenberg announced a $1.7 billion injection into the child care system.
Aiming to encourage more women back into the workforce after having children, the new package allows parents with two or more kids aged five and under to receive an increase of childcare subsidy from 85 percent to 95 percent.
As a part of the May 11 budget, the package is forecast to save 250,000 families up to $2,260 a year. The measures are argued to boost the economy by around $1.5 billion per year and produce 300,000 more working hours per week, according to the estimate of the Treasury.
A Labor deputy premier has blamed his stutter after dropping the c-word when talking about Prime Minister Scott Morrison and his $5,000-per-head event.
Queensland Labor MP Steven Miles was speaking at a Labor Day event in Brisbane on Monday afternoon, comparing Opposition Leader Anthony Albanese, who was in attendance at the free event, to Morrison s exorbitant dinner. Scott Morrison s in town, he s holding $5000-a-seat fundraisers, think about that, Mr Miles said at the event. Albo s here with us at Labour Day while Scott Morrison s charging $5000 a head to have dinner with him. What a cun. contrast.
Queensland Labor MP Steven Miles was speaking at a Labor Day event in Brisbane on Monday afternoon comparing PM Scott Morrison with Labor Leader Anthony Albanese
Government set to slash childcare costs with $1.7b boost03/05/2021|1min
The federal government will cover 95 per cent of out of pocket expenses for Australian families with more than one child in care under a $1.7 billion boost to encourage mother’s back into the workforce.
The measure will save an average of $2200 a year for about 250,000 families.
The plan has been criticised, however, by Opposition Leader Anthony Albanese who says the incentive will do nothing to improve the affordability of childcare.
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Scott Morrison has addressed allegations he held a $5000-per-head event
Steven Miles was speaking at Labor Day event in Brisbane on Monday afternoon
He said the Prime Minister was hosting an exorbitant dinner at the same time
Appearing on Sunrise, Mr Morrison said the dinner in question was impossible
The nation s leader said he was watching Shrek with his daughter on Monday