More Money in the Pockets of Parents

The Coalition’s Child Care Subsidy is leaving more money in the pockets of parents.
Out-of-pocket child care costs have reduced by 8.9 per cent since the Coalition introduced the Child Care Subsidy on 2 July 2018, according to the Australian Bureau of Statistics’ consumer price index (CPI) released today.
Minister for Education Dan Tehan said the Coalition provided around $8 billion for the Child Care Subsidy in this year’s Budget to support parents with the cost of child care while they’re working, training, studying or volunteering.
“Nearly one million families are benefitting from the Coalition’s child care reforms,” Mr Tehan said.
“We have removed the annual rebate cap for most families, increased the subsidies for low and middle income families and provided a generous safety net to support children and families who need extra help.
“We can afford to provide a generous child care subsidy that means families are keeping more of their money in their pockets because we can manage the economy.
“Labor can’t be trusted to run the economy and if they can’t run the economy they can’t guarantee they’ll pay for the child care subsidy that is supporting hard-working families.
“That’s why Labor is the Bill Australia can’t afford.”