Share This

Media Releases

Thursday, 8th October 2020

Women To Kickstart Australia’s Economic Recovery


WOMEN TO KICKSTART AUSTRALIA’S ECONOMIC RECOVERY


Women are at the heart of Labor’s plan to kickstart the economy and get Australians back to work.
 
An Albanese Labor Government will introduce the Working Family Childcare Boost to cut child care fees and put more money into the pockets of working families, straight away.
 
Child care fees in Australia are some of the highest in the world. Under this plan, Labor will:

  • Scrap the $10,560 child care subsidy cap which often sees women losing money from an extra day’s work;

  • Lift the maximum child care subsidy rate to 90 per cent; and

  • Increase child care subsidy rates and taper them for every family earning less than $530,000.


 
This means 97 per cent of all families in the system will save between $600 to $2,900 a year. No family will be worse off.
 
Importantly, Labor will keep working to fix Australia’s broken child care system, which currently locks out more than 100,000 families because they just can’t afford it.
 
The Productivity Commission will conduct a comprehensive review of the sector with the aim of implementing a universal 90 per cent subsidy for all families.
 
The ACCC will design a price regulation mechanism to shed light on costs and fees and drive them down for good. The ACCC will examine the relationship between funding, fees, profits and educators' salaries.
 
Taxpayer dollars spent on child care should flow directly through to savings for Australian families.
 
The Coalition’s system has failed parents – particularly women. It has created a financial disincentive for many second wage earners to work full time, or even increase their hours.
 
On top of that, since this Government was elected in 2013, child care fees have skyrocketed by almost 35 per cent. Now, families pay on average $3,800 more per year.
 

Quotes attributable to Labor Leader Anthony Albanese:
“Working mothers should be able to afford child care for their kids. It’s as simple as that.”
“Women are the key to kickstarting our economy again. In the worst recession in a hundred years, we have to make sure women aren’t forced to choose between their family and their jobs.”
“We can’t just let fees and out-of-pocket costs keep skyrocketing. Only Labor has a plan to put more money in the family budget and help women get back to work, quickly.”
 

Quotes attributable to Shadow Minister for Early Childhood Education Amanda Rishworth:
“The overwhelming evidence is clear: more women in the labour force is good for the economy, and quality early education is better for our kids.”
“Women aren’t working when they could, and families keep struggling to pay the bills. Labor’s Working Family Child Care Boost is an economic reform Australia desperately needs to create jobs.”

THURSDAY, 8 OCTOBER 2020
About Anthony
Media Centre
Grayndler NewsTranscriptsSpeechesOpinion Pieces

Electorate Office

334a Marrickville Rd
Marrickville NSW 2204

Phone: 02 9564 3588

Parliament House Office

Parliament House
Canberra ACT 2600

Phone: 02 6277 7700

DisclaimerPrivacyTerms

Electorate Office

334a Marrickville Rd
Marrickville NSW 2204

Phone: 02 9564 3588

Parliament House Office

Parliament House
Canberra ACT 2600

Phone: 02 6277 7700

Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au

We acknowledge the traditional custodians of the land on which our offices stand and we pay our respects to Elders past, present and emerging. We acknowledge the sorrow of the Stolen Generations and the impacts of colonisation on Aboriginal and Torres Strait Islander peoples. We also recognise the resilience, strength and pride of the Aboriginal and Torres Strait Islander communities.

Authorised by Anthony Albanese. 334a Marrickville Rd, Marrickville NSW 2204.

Sign up to hear directly from the Prime Minister

Loading...