Corporate Australia wants an extra $3.5 billion spent on childcare to help ease the cost burden on families, boost female workforce participation and deliver $5 billion in economic gains.
The Morrison government has revealed it is considering spending billions of dollars more on childcare subsidies in the May budget above the $9 billion it already spends every year.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
