Watchdog’s latest report says childcare in Australia is ‘relatively less affordable for households than in most other OECD countries’
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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”.
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