Good afternoon. The federal government’s cheaper childcare package went into law on 1 July, but there are concerns childcare centres are hiking rates to absorb the subsidy.
An interim report by the ACCC, the consumer watchdog, found childcare centres had raised fees between 20% and 32% from 2018 to 2022 – dramatically outpacing inflation. The education minister, Jason Clare, says the ACCC “is watching what’s happening right now to see whether providers across the country are playing by the rules”.