'Substantial' cut to childcare costs to form part of October budget

Coalition will seek further measures to help parents, along with Core Funding which has yet to fully impact childcare costs

Public Expenditure Minister Michael McGrath must deal with a totally different world economic scenario than he did two years ago when preparing for Budget 2021. Picture: Moya Nolan

A “substantial and visible” cut in childcare costs will form a key plank of the Government’s attempts to woo voters in October’s budget — but no proposals have yet been formalised.

The Government is eyeing ways to cut the cost of living in the budget, and departments have been asked for plans which would do so in a “real way”.