KPMG Australia Wants 95 Percent Federal Childcare Subsidy

Children look at at COVID-19 related sign at Clovelly playground in Sydney, Australia on May 17, 2020. Ryan Pierse/Getty Images

Accounting firm KPMG wants the Australian government to subsidise 95 percent of childcare.

KPMG in Australia claims that doing so could make it easier for mum’s with children under 5 years-of-age to return to the workforce, and could help boost the nation’s economy by up to $2.1 billion.