The Department of Education has announced that from July 1st 2019 the childcare subsidy rates will change.
The subsidy percentage is calculated based on a combination of factors including the annual combined family income. The revised thresholds can be found below: Source: Australian Government Department of Education
While most of the thresholds remain the same, two have changed; an income threshold from $68,163 to below $173,163 will now have a 50% percentage while an income from $252,453 to below $342,453 will now have a 20% percentage.
The annual subsidy cap is now $10,373 while the annual subsidy cap threshold is $188,163.
Hourly Rate Caps
The hourly rate caps vary depending on the service type. From 1st July 2019, the hourly rate caps will be as follows:
Source: Australian Government Department of Education
The childcare subsidy rates are revised each year with reference to the Consumer Price Index (CPI).
Find more information about the changes at the Australian Government Department of Education here.