Child care cost increases to be investigated by consumer watchdog

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The government says its decision to launch an inquiry into rising child care costs next year is to make sure its spending targets the main causes of price hikes.

Government asks ACCC to investigate child care cost increases, provide interim report before subsidy changeThe government has set aside nearly $11 million in next month's budget for the inquiry.abc.net.au/news/government-accc-investigate-child-care-cost-increases/101461220The federal government says its decision to launch an inquiry into rising child care costs next year is to make sure its spending targets the main causes of price hikes.

"We want to make sure that we've got all of the necessary measures in place to push prices down," he said. Mr Clare was asked why the government had given the ACCC a year to complete the inquiry, when it is bringing in new legislation from July 2023 to increase child care subsidies for more families.

 

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Hehe. Just look up how many people engaged in child care companies have become billionaires.

We know where it goes why does this need an inquiry?

Been apparent for years and it takes a change in government for the toothless watchdog to act... what does this tell you about the acccgovau

The corporatisation of childcare was always going to lead to bloated costs and rorting... just as it has with GP medical clinics.

And then what ? That mob are all flapping gums and zero bite.

Aged care, Ndis and childcare! Pink bat's on steroids!

Long overdue. From the APS employee perspective. Rorting was rife by the private sector and every increase of child care payments was met with OTT increase in fees. Essentially ransoming working parents.

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