The government’s commitment to spend $3.6 billion funding a two-stage 15% pay rise for Australia’s 220,000 childcare workers is a huge economic story — bigger than boondoggles like Future Made In Australia, despite the latter’s much bigger price tag.
Labor has already committed more than $10 billion to fund a multi-stage pay rise for aged care workers amounting to between 17-28%. The childcare pay rise is the next step in what is a massive investment in Australia’s vast health and caring sector, which has driven much of the employment growth of recent years.
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