Friday, 21 June 2019
A new report released by The Front Project today has again highlighted the significant education, health and economic benefits from investment in preschool.
The Report has estimated that the community gets two dollars back for every dollar spent on early learning – it is clearly a smart investment.
The research found parents of preschool children gain a boost in earnings from being able to return to work, children benefit through higher lifetime earnings, and governments get more income tax receipts and spend less on welfare.
Unfortunately, Australia is not in a position to enjoy these benefits.
The Morrison Government stubbornly refuses to provide more than 12 months funding to the existing four year old preschool program, and has no plans to extend the program to three year olds.
The Coalition has had six preschool funding agreements in six years, and current funding runs out next year.
They refuse to provide any funding certainty for our preschools, parents and teachers – making it difficult for the sector to plan with any certainty.
It is time for Dan Tehan to acknowledge the clear benefits of early learning and properly fund our preschools.
Labor has a proud record in early education.