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Changes to childcare subsidies come into effect

Published
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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