Labor claims $2700 childcare savings from $4.7bn subsidy despite 11 per cent rise in costs

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Labor claims $2700 childcare savings from $4.7bn subsidy despite 11 per cent rise in costs
AuspolAlbanese GovernmentDepartment Of Education
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The Albanese government has pointed to its own figures claiming to have saved families thousands of dollars despite the cost-of-living crisis and soaring childcare costs.

The Albanese government has pointed to its own figures claiming to have saved families thousands despite out-of-pocket costs rising by nearly 11 per cent amid a cost-of-living crisis.

Media Release: New data shows Albanese Labor Government’s early childhood education plan is working for families and educatorsMeanwhile, inflation data showed childcare costs also rose 10.7 per cent over the past year to September 2024. "Meanwhile, early childhood education providers are struggling to keep up with soaring costs under Labor, while also trying to keep prices affordable for families. Prime Minister Anthony Albanese continues to stress that the government is working towards a universal childcare system. Picture: NewsWire / Gary Ramage

The research found families have been paying, on average, around $50 per day out-of-pocket for childcare, with some families reporting even higher costs. "This research is yet more evidence of the ineffectiveness of Australia’s current childcare model and the Child Care Subsidy." “It’s clearly not working because every time the government raises the subsidy, providers raise their fees and families see little to no savings," Mr Weatherill said.

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