Labor’s Childcare Proposals Support Long-Term Industry Growth Trends
A Labor victory in the forthcoming federal election would be positive for the childcare sector but a Coalition victory wouldn’t be disastrous by any means. Both parties have consistently argued for increasing government childcare spending and we expect this to continue for the foreseeable future. However, Labor’s current proposals are particularly generous, including higher wages for childcare workers, an increase in pre-school education funding, and an increase in the childcare subsidy, or CCS....
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