Federal Member for Spence, Matt Burnell MP announced today that around 7200 local families in Spence will be better off under Labor’s cheaper child care plan.
The Albanese Government today introduced laws that will help cut out of pocket costs for families with children in early education and care.
Child care costs have skyrocketed. They’ve increased 41 per cent in the past eight years.
It’s a big cost to families and a massive disincentive for parents, especially mums, to do more paid work.
These new laws mean that around 96 per cent of local families with children in early education and care will be better off.
For example a family earning $120,000 with one child in early education and care will be more than $1,700 better off.
Matt Burnell MP said that 96 per cent of families with children in early education and care will be better off under Labor’s plan.
“This is good for children, good for families and good for our economy,” Matt Burnell said.
“Not only will this help families with cost of living pressures by cutting the cost of child care, it will help get thousands of skilled workers into our economy.
“This is important economic reform that the Albanese Government promised to deliver at the election. Legislation introduced today will implement this promise.
“It means children get access to early education, and parents especially mums can do more paid work if they want to.”
The changes to the child care subsidy will kick in on 1 July 2023.