THE standard hourly rate of Child Care Benefit Gold Coast families receive increased this week, as highlighted in the recent Federal Budget.
The standard hourly rate of the means-tested Child Care Benefit rose from $3.99 per hour to $4.10 per hour on Monday July 7.
Gold Coast MP Steven Ciobo says this could see a lower income family, with one child in full-time care, receive up to $264 extra this year in the Child Care Benefit alone, depending on their circumstances.
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“This increase in assistance is timely relief for Gold Coast families struggling with the cost of care, after fees skyrocketed 53% during Labor’s six years in government,” he said.
“It will help take some of the pressure off working families as we continue to tackle the broader issue of making child care more affordable, flexible and accessible through our Productivity Commission Inquiry.”
Families earning under $42,997 receive the full rate of Child Care Benefit, while families earning above that amount receive a partial rate that lessens as their income increases.