Michael is joined by Chiang Lim, CEO Australian Childcare Alliance New South Wales, to discuss Bill Shorten’s announcement yesterday that if Labor wins the upcoming election it would spend $4 billion helping nearly 900,000 families struggling to pay child care bills.

 

Mr Shorten says his proposal will cut annual costs for child care by up to $2100 per child for families earning up to $174,000 a year.

 

Commencing from July next year at a cost of $4 billion over three years, his pledge to assist 887,000 families will also include the  Australian Competition & Consumer Commission being instructed to monitor “excessive fee increases” by child care businesses to prevent prices going up to gouge the extra assistance to parents.