Making Childcare More Affordable
We understand cost of living is a top priority for many working families.
That’s why Labor has a plan to make child care and energy more affordable, and make it easier for mums, children and working families to get ahead. Our plan will:
- Expand childcare rebates across almost all family income brackets (see table below);
- Expand child care rebate rates for families with two children in care; and
- Extend the increased rebate to outside school hours care.
96 per cent of Australian families will be better off under Labor’s child care reforms. The table below outlines the impact of the expanded rebate across relevant income brackets.
We’ll also task the Australian Competition and Consumer Commission (ACCC) to design a price regulation mechanism to reduce out of pocket costs.