Jane Hume (Victoria, Liberal Party, Minister for Superannuation, Financial Services and the Digital Economy) Share this | Hansard source

The Morrison government's childcare support targets those who need it the most—those on lower incomes and those with multiple children. In fact, around 60 per cent of all subsidies paid go to families on less than $150,000. More than 70 per cent of families pay less than $5 an hour. Almost a quarter pay less than $2 an hour. There are around 280,000 more children in child care now than there were when we came to office, with women's workforce participation reaching record highs of 61.9 per cent in March this year, and that remains near record highs. Let's compare this to Labor's reckless childcare scheme, which would benefit millionaires the most. In fact, under Labor's policy around $1.1 billion per year would go to those earning over $250,000. A couple earning half a million dollars a year would get a $50,000 taxpayer subsidised payment—outrageous largesse. (Time expired)