Our Government’s new Child Care Subsidy has driven down out-of-pocket costs for parents.
The Australian Bureau of Statistics’ consumer price index (CPI) in the September quarter saw an 11.8 per cent decrease in out-of-pocket child care costs.
Minister for Education Dan Tehan said the CPI result confirmed the importance of our Government’s new Child Care Subsidy, introduced on 2 July 2018.
"The Government’s Child Care Subsidy is designed to assist parents with the cost of child care while they’re working, training, studying or volunteering – and it is doing exactly that," Mr Tehan said.
"The Child Care Subsidy ensures families earning the least and working the most are supported to access the child care they need.
"This result is a strong vindication of our Government’s efforts to lower the cost of child care, helping the pockets of Australian families."
All eight capital cities recorded falls in child care out-of-pocket costs over the September quarter, ranging from -19.8 per cent and -19.1 per cent in Canberra and Melbourne respectively, to -7.6 per cent and -7.4 per cent in Sydney and Darwin respectively.
Since 2 July, more than one million families had successfully transitioned to the new child care arrangements.