The ACCC report on affordable childcare is out. What does it say and what still needs to be done?

An ACCC inquiry has concluded despite Labor’s successful childcare subsidies rollout, a rise in prices will likely erode some of that benefit over time. Photograph: Daria Nipot/Getty Images

The Albanese government has been warned not to make childcare subsidies more generous without first fixing the market rules to put downward pressure on prices.

In its final report on the sector, the Australian Competition and Consumer Commission found that increases in subsidies have helped families afford childcare – for now at least – despite a rise in prices eroding some of the benefit.