Raising childcare subsidy would deliver $11 billion economic boost

Mums would earn an extra $150,000 over their working lives if the federal government spent another $5 billion on annual childcare subsidies, new research suggests.

But while the report says the government should slash childcare costs to boost workforce participation, it stopped short of calling for universal free child care and described a subsidy increase as more realistic.

This is mainly because introducing free child care overnight would lead to such a massive boost in demand that providers would struggle to cope, Ms Griffiths said.

Source: Raising childcare subsidy would deliver $11 billion economic boost: Grattan

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