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“Every parent wants quality education for their youngest children, and Budget 2024 helps deliver that by subsidising New Zealand’s most unaffordable childcare in the OECD,” said ECC CEO Simon Laube.
Early Childhood Education centres will be able to keep the lights on with the cost adjustment announced in today’s Budget, but little else.
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MBIE’s adjustments to the Median Wage don’t align with similar adjustments to the funding rates all ECE centres are paid, so inflated salary costs must either be absorbed or passed on to parents through increased childcare fees.
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