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New Child Care subsidy from July 2018

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The child care rebate and child care benefit will be replaced by the new child care package making child care more affordable to families, even those families on a higher income will now be elgible.. The changes will start in July 2018 and will cover all kids under High School age (13 years).

I had a quick play on the calcualtor and a joint income of $100k would give a rebate of approx 73%

More detailed info can be found here 


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