ECE Management
Financial Management & Money Matters
WINZ Subsidy Payment - Managing Arrears in Fees and Your Cashflow
WINZ Subsidy Payment - Managing Arrears in Fees and Your Cashflow
Several early childhood home and centre-based services have mentioned a problem they have when parents who are receiving a WINZ subsidy for child care fees do not inform them that their income has lifted and so they are no longer eligible for the subsidy. They are told by WINZ that they can recover the debt from the parent and that this isn’t the responsibility of WINZ. There is a risk of the arrears in fees building up, making recovery difficult.
Another issue is that cash-flow can be seriously affected in services especially services which cater for a lot of low-income families who get the childcare subsidy. Payment is made monthly, not weekly or fortnightly.
Here’s some information to help you pre-empt the problem of waiting till the end of a month for a WINZ subsidy then suddenly finding it doesn’t come because you knew nothing about a change in WINZ eligibility.
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