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Changes to childcare subsidies come into effect

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An estimated 1.2 million Australian families are expected to benefit from changes to the government childcare subsidy that came into effect on Monday. Families earning less than $80,000 will have their childcare subsidies raised from 85% to 90%. It'll decrease the more they earn but the threshold increases to $530,000 per household. Experts, however, say it's a double edged sword, threatening to boost demand at a time when the workforce remains strained and inflation high.
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