A 95% childcare subsidy would boost GDP by up to $7.4 billion annually, KPMG says
Increasing the federal government’s childcare subsidy to a nearly fully funded 95% would boost GDP by up to $7.4 billion per year, at a cost of $5.4 billion a year, according to KPMG.
Make It Free: More than 70 women-led businesses and 600 business owners demand urgent childcare reform
A group of predominately women-led businesses are spearheading an urgent campaign calling for free childcare.
A $5 billion-a-year spend on childcare subsidies could result in an $11 billion-a-year increase in GDP, says Grattan Institute
Making childcare cheaper would recharge the economy and see the typical Australian mother earn $150,000 more to boot.
Why the closure of Victorian childcare centres will be especially tough on working mothers
The stage four restrictions announced by the Victorian government to contain the city’s COVID-19 outbreak will see childcare centres close.
Gap fee waivers and emergency subsidies: Support announced for Melbourne childcare centres
Dan Tehan said the emergency changes will help families in Melbourne who choose to keep their children home from care for COVID-related reasons.
How reintroducing childcare fees will put a ‘handbrake’ on women’s participation in the workforce
Australian families will soon start paying for childcare again, but as childcare becomes unaffordable for so many families who need it, women’s workforce participation that suffers.
Permanently raising the childcare subsidy is an economic opportunity too good to miss
There is also an economic case for the government to invest more in childcare to help rebuild the economy after the health crisis is over.
Coronavirus update for business: JobKeeper for landlords, free childcare support, and investment for coronavirus-busting startups
The government's childcare centre lifeline, a callout for startups tackling COVID-19, and the cabinet considers offering JobKeeper subsidies to landlords.