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Will Australian childcare centers agree to limit fee increases by the end of 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Australian government or childcare centers
Story
Australian Government Announces 15% Pay Rise for Childcare Workers, Adding $10,000 Annually, Costing $3.6 Billion
Aug 7, 2024, 10:45 PM
The Australian government, under Prime Minister Anthony Albanese, has announced a significant 15% wage increase for early childhood education workers. This initiative, aimed at addressing staffing shortages in the sector, is contingent upon childcare centers agreeing to limit fee increases. The pay rise is expected to provide an additional $10,000 annually to workers and will cost the government $3.6 billion. This move is part of a broader effort to ensure that childcare workers are properly valued and to support the economic growth associated with early childhood education.
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