A smart investment for a smarter Australia: economic analysis of universal early childhood education in the year before school in Australia

Early childhood education Cost effectiveness Cost-benefit analysis Australia

The Front Project commissioned PwC to undertake an economic analysis of early childhood education in Australia. The analysis focusses on the early childhood education provided to children in the year before they start school – often known as either preschool or kindergarten.

The analysis has considered the benefits of early childhood education for children, their parents or carers, governments and employers against the costs of providing that early childhood education. It has used a methodology that is consistent with similar past studies and accepted approaches to economic analysis. It considers a broad range of short, medium and long-term benefits, all of which are strongly supported by either Australian or international evidence and use contemporary Australian data.

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