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Childcare changes a "game-changing" investment in the workforce: Budget
The Federal Government's plan to make childcare cheaper is expected to deliver the equivalent of an extra 37,000 full‑time workers per week in 2023/24, according to tonight's Budget.
The Government is investing $4.7 billion over four years from 2022/23 to make early childhood education and care more affordable for families, Treasurer Jim Chalmers says.
According to Budget papers: "The significant cost of early childhood education and care can prevent parents, particularly women, from working as much as they want. It is estimated these reforms will increase the hours worked by women with young children by up to 1.4 million hours per week in 2023/24...
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