Cheaper Child Care

Cheaper Child Care Main Image

An Albanese Labor Government will reduce the cost of childcare and make it easier for parents, children and working families to get ahead.

Labor will:

  • Lift the maximum childcare subsidy rate to 90 per cent for families for the first child in care;

  • Increase childcare subsidy rates for every family with one child in care earning less than $530,000 in household income.

  • Keep higher childcare subsidy rates for the second and additional children in care;

  • Extend the increased subsidy to outside school hours care.

96 per cent of Australian families will be better off under Labor’s childcare reforms – 1.26 million families.

We’ll also get the ACCC to design a price regulation mechanism to drive out of pocket costs down for good, and the Productivity Commission will conduct a comprehensive review of the sector with the aim of implementing a universal 90 per cent subsidy for all families.

Labor will also develop and implement a whole of government Early Years Strategy to create a new integrated approach to the early years and develop of program of action.

Labor will invest approximately $5.4 billion to make childcare cheaper, starting from July 2023.