Childcare funding “20-times more effective” than tax cuts

The Australia Institute (TAI) has released a new report, entitled A comparison of the economic impacts of income tax cuts and childcare spending, which claims that boosting childcare funding would be nearly 20 times more effective at creating jobs than a tax cut of the same size:

Almost 450,000 Australians with children under the age of 5 would like to work more hours.

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