The childcare subsidy is available to all families where both parents meet the activity test and other eligibility requirements. To satisfy the activity test, a parent can be working, studying, training, volunteering or working in a family business. The study can be any TAFE course and any approved university course and includes bachelor's degrees, master's degrees and PhDs. It also includes contact hours, self-directed hours and travel time. Supporting parents with child care whilst studying master's degrees and PhDs already exists, and it is part of the record investment of $8.6 billion that this government is spending to support families with child care.