Here’s what you need to know:
- The maximum amount of CCS is increasing from 85% to 90%.
- Families earning $80,000 or less will get 90% subsidy.
- Families earning over $80,000 and under $530,000 will get a subsidy that tapers down from 90%, depending on their income. The subsidy will go down 1% for each $5,000 earned.
- Families with more than one child aged 5 or under in care can still get a higher rate for their second and younger children.
Families can find out more by visiting the Services Australia website, subscribing to the Raising Kids news update, and following the Family Update Facebook page.