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Forrests say childcare beats construction as bang-for-buck stimulus

Andrew and Nicola Forrest are heaping pressure on the Morrison government to overhaul childcare and boost early childhood learning as part of the multibillion-dollar economic stimulus packages being rolled out in the wake of COVID-19.

The Forrest family’s Minderoo Foundation has not put a figure on its funding push but pointed to recent Grattan Institute analysis showing a $5 billion-a-year increase in the childcare subsidy would deliver an $11 billion boost in gross domestic product.

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Brad Thompson was a reporter at The Australian Financial Review

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    Original URL: https://www.afr.com/policy/economy/forrests-say-childcare-beats-construction-as-bang-for-buck-stimulus-20200831-p55qxo