The federal government has decided to offer subsidized childcare to families under its election promise to ‘define the nation’.
If the federal government is re-elected next year, families will get three days a week of subsidized childcare and the activity test for early education support will be scrapped.
In one of his first major election promises, Prime Minister Anthony Albanese announced the policy, expected to cost $427 million over five years, in a speech in Brisbane today.
Families earning up to $530,000 a year will be offered three days of subsidized childcare each week, as recommended by a Productivity Commission report in September.
The government will also develop an activity test that links a family's level of support to how much they work.
"These are the building blocks of a world-class universal early education system: lower fees for families, higher wages for workers, more places for children, more centers and services in our regions and suburbs, and a new three-day mandate. Early education," Albanese said.
