Calls to subsidise 95 per cent of childcare
There are calls to subsidise 95 per cent of childcare as Australia contemplates the path out of recession.
It would cost $5.4 billion a year but KPMG insists it would stimulate the economy up to $7.4 billion per year.
Chief Executive Women President Sue Morphet told Ben Fordham there are great benefits to this proposal.
“The one option that I think they should look at is for all families up to $80,000 income, their childcare is subsidised to 95 per cent and then after that a very gentle taper off to a base of 30 per cent.
“This is an investment in families.”
Click PLAY below to hear the full interview