PARENTS will enjoy the benefits from increases to the Government’s Child Care Subsidy (CCS) sooner, benefitting around 250,000 Australian families.
From 7 March 2022, four months earlier than expected, families with two or more children aged five and under in care will have their CCS rate increased by 30 percent for their second child and any younger children, up to a maximum subsidy of 95 percent.
More than half of eligible families will receive the maximum rate.
Furthermore, the annual $10,655 CSS cap will be scrapped on December 10, 2021 and applied retrospectively for the entire 2021-22 financial year.
Anyone who reaches the cap before this date will have any additional out-of-pocket costs for the financial year reimbursed.
Minister for Education and Youth, Alan Tudge said the changes would ease pressure on working families and encourage more parents into work.
“These changes are good for families and great for the economy, and it’s significant that we are able to deliver them sooner,” Minister Tudge said.
“Removing the cap and increasing subsidies means more parents, particularly mothers, can return to work or take on more hours if they choose to.”
