Can someone please explain CCB to me

[Pandora]

The maximum CCB is something like (may not be exactly) 3.65 an hour, so your % is a percentage of 3.65

if your daycare costs $60 a day, for 10 hours - as above, your CCB will be .3522 x 3.65 x 10 = $12.85

So CCB pays $12.85 and you pay the rest.

Im not sure if the max hourly rate is higer for FDC than LDC, but I'm sure its not just a flat % of the hourly rate you pay, its less.

[Floweryfields]

How it works is best described like a doctor and the scheduled fee - like most doctors charge above that scheduled fee, most centres charge over the hourly rate. Pandora has worked it out perfectly for you.
I am not sure whether family day care charge much more than the hourly rate or not.

[briggsy's girl]

yup, pandora's explanation is pretty good - it's a percentage of the maximum dollar amount that the government set down - all child care providers charge more than this. the website now gives a dollar amount as well as the percentage. it's not a percentage of the child care centre charges.