Families to save $2200 for childcare

357310

Sumary of Families to save $2200 for childcare:

  • Treasurer Josh Frydenberg has raised hopes childcare fee relief for larger families could be fast-tracked after blaming “IT”.
  • In a big spending budget that offers little in the way of budget savings to pay down the nation deficit, the Morrison Government has devoted another $1.7 billion to improving childcare affordability..
  • But it been slammed as too little, too late because it won’t deliver a dollar of relief for over a year with the policy starting in July, 2022..
  • “We have targeted our $1.7 billion commitment at families that have more than one child in childcare,’’ Mr Frydenberg..
  • But they will have to wait for over a year and vote in a federal election to qualify for relief which doesn’t come into force until July, 2022..
  • For wealthier families on high incomes the government will also abolish the $10,000 cap on childcare fee rebates which means parents will no longer face paying full fees towards the end of the year once they hit the maximum allowable rebate..
  • The news is even worse for parents with only one child – they will secure no fee relief under the plan that is geared towards taking the pressure off parents struggling with childcare fees for multiple children..
  • Early Childhood Australia CEO, Samantha Page has previously warned there no good reason for the government delaying relief for over a year..
  • “We are disappointed that changes are planned to come into effect in 2022, meaning many families currently using child care won’t have any relief,”.
  • Labor leader Anthony Albanese has also slammed the government for the delayed start date warning the Coalition had failed to fix childcare in nearly a decade in government…

Want to know more click here go to source.

From -
Close
Generic selectors
Exact matches only
Search in title
Search in content

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close