Monday, 01 February 2021
Only two and a half years into the Coalition’s child care system, and the benefit has been entirely eroded for many Australian families.
The Prime Minister himself dubbed the system a “once in a generation reform” and promised it would make child care more affordable.
Increase in out of pocket child care costs since 2018
Brisbane – 3.2 per cent
Sydney – 0.4 per cent
Darwin – 0.2 per cent
The benefit has also been almost entirely eroded nationally, showing the system has been a complete fizzer.
The new Minister for Education needs to stop the spin and acknowledge the Coalition’s system has failed to keep a lid on out of pocket costs.
This data makes it clear – the Coalition’s child care system is broken. That is why Labor has a plan to bring down the cost of child care and keep it down.
An Albanese Labor Government will introduce the Cheaper Child Care for Working Families, which will:
Importantly, the ACCC will design a price regulation mechanism to shed light on costs and fees and drive them down for good.
The Productivity Commission will also conduct a comprehensive review of the sector with the aim of implementing a universal 90 per cent subsidy for all families.
Labor’s plan for cheaper child care will reward working families and allow more second income earners, usually women, to work more and contribute to our economic recovery.
Only Labor has a plan to fix the Coalition’s broken child care system.