Govt announces FamilyBoost
The Government has announced that it intends to introduce a FamilyBoost payment as part of Budget 2024. The proposed FamilyBoost will be a new childcare payment made to families with young children to help with the rising costs of early childhood education (ECE).
The FamilyBoost payment will be equal to 25% of ECE fees already paid by households. This would be a maximum weekly refund of up to $75.
FamilyBoost will be available for ECE fees paid from 1 July 2024, with the first FamilyBoost refunds being made in October. Further details will be released as part of the Budget 2024 announcements on 30 May.
For more information about FamilyBoost and how you can access it see:
- the Government’s FamilyBoost announcement
- FamilyBoost questions and answers
- Regulatory Impact Assessment