Monday, 7 July 2014
The standard hourly rate of Child Care Benefit Gold Coast families receive will increase today, as highlighted in the recent Federal Budget.
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.
“This increase in assistance is timely relief for Gold Coast families struggling with the cost of care, after fees skyrocketed 53 per cent 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.
“This increase in Child Care Benefit is good news for families and bad news for Labor’s recent scare campaign.
“It’s a shame Labor is deliberately scaring and misleading Gold Coasters about made-up cuts when they presided over a 53 per cent increase in fees while they were in office.
“The Coalition Government is in fact increasing overall spending on child care fee assistance to $28.5 billion over the next four years for around a million families.”
The Productivity Commission Inquiry’s draft report is due this month, with the final report due in October.
 The standard hourly rate of the means-tested Child Care Benefit will rise by the CPI from $3.99 per hour to $4.10 per hour from Monday, July 7 2014. 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. A low-income family eligible for the full rate of Child Care Benefit with one child in care 50 hours per week, 48 weeks per year could receive up to $264 extra CCB in 2014-15, depending on their circumstances