i just rang a child care centre and she asked what my percentage was to give an idea of price. i said off the top of my head it was about 43% so its about 36 bucks a day. but i just checked and the percentage is actually 46%. i never understand how this percentage thingy works, but do you reckon the higher percentage will make the fee more or less than $36. hope that makes sense.
Actually, no it doesn't mean it covers that percentage of fees - parents on 100% still have to pay something, parents with two kids and 104% don't get money back. It is a really bad way of wording it because parents get confused by it - it is kinda like scheduled fees with the doctor, centres charge above the part the government pays so you end up paying something.
But to answer the original question, the higher the %, the lower your fees will be. So in your case, you will pay less than the quote because your % will be higher.
Remember if you're working you will also get 50% of what you pay back each quarter.
Bookmarks