Local families are set to benefit from a $1.7 billion investment in child care as part of the 2021-22 Federal Budget.
Starting on 1 July 2022 the Government will increase the child care subsidies available to families with more than one child (aged five and under) and will remove the $10,560 cap on the Child Care Subsidy.
Member for Barker, Tony Pasin, said the changes strengthen the economy and at the same time provide greater choice to parents who want to work an extra day or two a week.
“This is a targeted and proportionate investment that simultaneously makes child care more affordable, increases workforce participation and boosts the Australian economy," Mr Pasin said.
Under the changes, a family in the electorate of Barker earning $110,000 a year will have the subsidy for their second child increase from 72 to 95 per cent and would be $95 per week better off for four days of care.
A family with three children on $80,000 would have the subsidy increase from 82 to 95 per cent for their second and third child and be $108 per week better off for four days of care.
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