Hello everyone, welcome to our August newsletter! As always, we will be providing a preview of what is happening in our little community. This month we focus on the importance of investing in childcare, for individual families and Australia as a whole.
Spring is around the corner, but it sure doesn't feel like it is getting any warmer. In just a few months we will be struggling through the heat, but for now, settle down in front of a fire.
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Topic of the month - Investing in childcare, it’s a no-brainer
Childcare is a major expense for families and the government. With some families paying $200 a day for a single child, this great expense must be questioned. Is it worthwhile spending such a great amount of money on childcare?
In short … yes! For many years it has been acknowledged that every dollar a government invests in preschool can, under the right conditions, return two dollars to the economy. Furthermore, organisations are becoming increasingly aware of the positive effect the availability suitable childcare can have.
This month, summarising Jennifer Baxter’s Flexible child care and Australian parents’ work and care decision-making study, we look at the effect of childcare on working parents, and how that affects output.
Through this study, we explore the effect of suitable childcare on parents ability to return to work after having a child, how a lack of childcare can negatively affect your performance at work, as well as childcare solutions.