The landscape of childcare services in Australia will experience several notable adjustments. As an experienced provider of childcare services management, Early Learning Management is committed to helping you navigate these changes effectively.
Adjustments to Child Care Subsidy (CCS) Hourly Rate Caps
Effective from 10th July 2023, the CCS hourly rate caps will increase, undergoing an annual adjustment based on the Consumer Price Index (CPI). The subsidy rate will continue to depend on the type of care you provide. Here are the revised rate caps for 2023–24:
– Centre Based Day Care: $13.73 (children below school age), $12.02 (school-age children)
– Outside School Hours Care: $13.73 (children below school age), $12.02 (school-age children)
– Family Day Care: $12.72 (all children)
– In Home Care (per family): $37.34
Find more details about the hourly rate caps
New Reporting Obligations for Large Providers
From 1st July 2023, large providers will be required to submit financial information to the department, including details about revenue, profits, and leasing arrangements. If you believe these obligations apply to you, but haven’t received an email, please contact us. More information about the new financial reporting obligations for large providers can be found here.
Child Care Subsidy Balancing Deadlines
Families who received CCS in the 2021–22 and 2020–21 financial years must confirm their income by 30th June to avoid losing CCS or incurring a debt. This is called balancing. Families should visit the Services Australia website.
Streamlining the Provider Approval Process
From July 2023, the process to apply to become an approved provider will be simplified. Prospective providers can apply for CCS and National Law approval in one place – the National Quality Agenda IT System (NQA ITS). More about the changes to the provider approval process can be found here.
At Early Learning Management, we are here to support you through these changes and ensure your services continue to thrive. Contact us today to learn more about how we can assist.
