Tuesday, May 17, 2022

Child care subsidy: Good news for parents with more than one child

For families with more than one child in child care, daycare fees can be a huge expense.
But things are about to get a little bit easier, with changes to the Federal Government’s child care subsidy to take effect from this week.
The changes, which were brought forward by four months, lift the rate of child care subsidy for parents with multiple children in care.
The changes only apply to families with more than one child aged five and under in care.
It is still means tested, so to be eligible, your family’s combined income has to be under about $354,000.
If you’ve only got one child in care, your childcare subsidy will remain the same.
Under the changes, the subsidy given to parents for second children onwards will be 30 per cent higher, up to a rate of 95 percent.
For example, if you currently get a 50 per cent subsidy, that will increase to 80 per cent for your second child in daycare.
The changes mean around 250,000 families will be, on average, $2,260 a year better off, Employment and Workforce Minister Stuart Robert said.
“For a family who are charged a typical fee and earn $120,000 a year with two children in child care for five days per week, the saving will be $144 per week compared to current settings.”
The changes should happen automatically for parents already receiving the child care subsidy.
Services Australia will work out how much the subsidy for each child is. You should have received a letter to confirm your new subsidy.

Latest news

How’s thaatttt ! Minister XI vs High Commissioner XI Community Cricket Match

By Fiji Times Team Sydneysiders attended one-of-a-kind Minister XI vs High Commissioner XI Community Cricket Match organised by Australian-Indian Sports Educational and Cultural Society (AISECS,...

Masks may be back as COVID-19, flu surge across Australia

Doctors are pushing for indoor mask mandates to be introduced as COVID-19 numbers surge in several Australian states. Earlier this week Australian Medical Association (AMA) president...

NSW mayor stabbed in violent home invasion

An NSW mayor is in hospital after a group of intruders forced their way into his house and stabbed him. Police were told five to six men broke...

Plastic bag ban in NSW from June 1

New South Wales will from next month join the rest of Australia in banning single use plastic bags - with more bans to come later...

Related news

How’s thaatttt ! Minister XI vs High Commissioner XI Community Cricket Match

By Fiji Times Team Sydneysiders attended one-of-a-kind Minister XI vs High Commissioner XI Community Cricket Match organised by Australian-Indian Sports Educational and Cultural Society (AISECS,...

Masks may be back as COVID-19, flu surge across Australia

NSW mayor stabbed in violent home invasion

An NSW mayor is in hospital after a group of intruders forced their way into his house and stabbed him. Police were told five to six men broke...

Plastic bag ban in NSW from June 1

New South Wales will from next month join the rest of Australia in banning single use plastic bags - with more bans to come later...

DC defeat Punjab Kings, Capitals in top four now

DC spinners Axar Patel and Kuldeep Yadav delivered in the middle overs as Shardul  Thakur alone complemented the duo with 4 wickets as Delhi...

Ukrainian soldiers claim reaching Russian Border; UK Intel says Russian army losing steam

The United Kingdom's Ministry of Defence has released an update on the situation in Ukraine where it has stated that Russian forces have suffered...

Chief Secretaries’ meet likely to be held at Dharamshala in June

Chief Executive officer (CEO) of NITI Aayog Amitabh Kant called on Chief Minister Jai Ram Thakur in Shimla on Monday. Discussions were held about organizing...

LABOR CARES FOR THE ELDERLY SOUTH ASIAN COMMUNITY IN NSW

An Albanese Labor Government will help deliver better aged care services for the South Asian community in New South Wales by investing in aged...