Watchdog’s latest report says childcare in Australia is ‘relatively less affordable for households than in most other OECD countries’
Get our morning and afternoon news emails, free app or daily news podcast
Caps on childcare fees may be required to prevent providers hiking prices in response to more generous government subsidies, the competition watchdog has warned.
The Australian Competition and Consumer Commission’s second report into childcare, released on Sunday, warns that childcare in Australia is “relatively less affordable for households than in most other OECD countries”. The ACCC said there would be “substantial benefit” in the government considering “direct price controls”.
About Author
More Stories
Trump signs executive order to clear way for Nippon-US Steel deal
Daylight saving shapes how we spend, socialise and travel, NSW data reveals
Canada and India to share terrorism intelligence despite 2023 murder plot, says report