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flag Australia launches new childcare subsidies and funding, aiming to boost low birth rates.

flag The Australian government has launched a childcare subsidy program, offering three days a week of support for families earning under $500,000, and a $1 billion fund to build childcare centers, to combat a declining birthrate of 1.5 children per woman. flag Despite such policies and $4.7 billion spent on childcare subsidies, studies show that these incentives have had little impact on birth rates. flag Theories suggest that the high cost of raising children and modern lifestyles not compatible with parenting are major factors.

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