SAVINGS FROM $1.7 BILLION CHILDCARE PACKAGE FROM JULY 1
- Childcare subsidies increase for families with more than one child aged five and under, benefiting around 250,000 families
- $10,560 cap removed on childcare subsidy, benefiting around 18,000 families
- Savings:
(Two-child family income - current subsidy - new subsidy - saving per week)
$40,000 - 85 per cent - 95 per cent - $41.60
$80,000 - 82 per cent - 95 per cent - $53.79
$110,000 - 72 per cent - 95 per cent - $95.39
$140,000 - 62 per cent - 92 per cent - $124.80
$180,000 - 50 per cent - 80 per cent - $124.80
Source: Treasurer's Office
