By Donna MilesChildcare costs in New Zealand are among the highest in the developed world, according to an international study. The average childcare cost, across OECD member countries, for two-parent households is 13 percent of income. Childcare costs here were high but not as bad as what the study had reported. The OECD report, Society At A Glance 2016, states high childcare costs are likely to affect mothers the most. Their daughter spends 42 hours per week in childcare for which the family now receives a 20-hour subsidy from the Government, reducing their childcare costs to $144.76 per week.

Source: New Zealand Herald October 12, 2016 06:56 UTC