Fixing childcare rip off of working mums could boost economy by $700m
Patrick DurkinBOSS Deputy editor
Mothers are penalised for working more days under the flawed childcare subsidy and reforming it would generate 30,000 extra work days a week and boost the economy by $700 million, a new KPMG report has found.
KPMG chairman Alison Kitchen and Chief Executive Women president Sue Morphett will team up on Wednesday to launch a report that finds more than 125,000 working mothers are being penalised for choosing to work more days.
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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
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