Only for the poor, there are hardly any double income families in the bracket of income that will benefit so the only thing that GEM will receive is more regulation if you read and interpret the ALP policy announcement.
The poor will hardly be able to afford childcare beyond the subsidy and will not be able to pass the activity test applied to the childcare subsidy.
So the policy is not really of benefit to anyone.
GEM Price at posting:
$3.07 Sentiment: Buy Disclosure: Held
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