News by JAMES CAMPBELL
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Subscriber only Working families with two or more children in childcare will see big cuts to their childcare bills from July under radical budget changes designed to encourage mums back into the workforce. Under the changes to be unveiled on Sunday half of Australia s families with one child in care will have 95 per cent of their out-of-pocket expenses for any additional kids paid for by the Government. This will end the current situation which can see childcare costs for families double when they put a second child in care. The Government is also junking the cap on childcare subsidies of $10,560 after which parents earning more than $189,390 have to pay 100 per cent of child care fees.
How much families will save on childcare
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