I have an 18-month-old and I'd like to have a second child. But one of the main things pulsing *warning, warning* in my head at the thought is the cost of daycare.
From a family planning perspective, I would like the gap between my children to not be more than a few years. But from a financial perspective, it paints a grim picture. The cost of one child going to daycare is exorbitant but the cost of two, simultaneously, is eye-watering. Financially, childcare costs are leaving couples scrambling.
Today, finally, we've seen some tangible movement in the right direction.
On Wednesday, the Albanese government announced sweeping changes that aim to 'fell two birds with one stone,' funding a 15 per cent wage increase for Early Childhood Education and Care (ECEC) workers, phased over two years. This raise will be given with the caveat that centres have limits on fee rises, protecting parents already paying huge sums towards childcare.
Announcing the changes, Prime Minister Anthony Albanese said, "Early educators shape lives and change lives. We can never thank them enough for what they do—but we can make sure they are properly valued and fairly paid. Today our Government is doing just that.
"Knowing your child is safe, happy and learning alongside their friends is priceless. Giving the next generation the best start in life is essential. Today we deliver fair pay for the people who make this possible."
Listen to Prime Minister Anthony Albanese interviewed on The Quicky here. Post continues below.
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