Families will be promised a $1.75 billion funding boost in a dramatic Labor pledge to widen access to preschool, offering new subsidies to help children learn more at a younger age.
Opposition Leader Bill Shorten will guarantee access to subsidised preschool for around 700,000 children a year in a move that intensifies his policy fight on education ahead of the next election.
The Labor policy continues an existing federal package to subsidise preschool for four-year-olds, but it ramps up the funding to extend the scheme to three-year-olds in the name of lifting education results.
Australia currently comes 22/30 in the OECD for early childhood investment and we are falling further behind. An investment in early childhood is an investment in our economic future. Important announcements from Labor today.
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