Federal Member for Fremantle Josh Wilson said today that about 6,200 local families will be better off under Labor’s cheaper childcare plan.
The Albanese Government today introduced laws that will help cut out-of-pocket costs for families with children in early education and care.
Childcare costs have skyrocketed. They’ve increased 41 per cent in the past eight years.
It’s a big cost to families and has been a massive disincentive for parents, especially mums, when it comes to the possibility of doing more paid work.
These new laws mean that around 96 per cent of local families with children in early education will be better off.
For example, a family earning $120,000 with one child in early education will be more than $1,700 better off.
Mr Wilson 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 will improve workforce participation at a time of labour shortages,” Mr Wilson said.
“Not only will this help families with cost-of-living pressures, but it will also help get thousands of skilled workers into our economy.”
“This is a big-picture social and economic reform that the Albanese Government promised to deliver, and legislation introduced today will implement this promise.”
The changes to the childcare subsidy will kick in on 1 July 2023.