reuters.com (02.05.2021) Australia's conservative government will increase childcare subsidies, officials said on Sunday, in a pre-budget announcement that pledges A$1.7 billion ($1.31 billion) to boost female participation in the workplace. The spending targets families with more than one child in daycare, boosting subsidies for those with two or more children aged up to five years-old to a maximum 95% subsidy for their second and subsequent children.