Labor plan to improve transparency of childcare costs revealed by Anthony Albanese

Opposition leader Anthony Albanese says he wants to increase transparency around childcare fees as he tries to outflank the government on the issue.

Opposition leader Anthony Albanese speaks at the Committee for the Economic Development of Australia (CEDA) State of the Nation Conference at Parliament.

Opposition leader Anthony Albanese speaks at the Committee for the Economic Development of Australia (CEDA) State of the Nation Conference at Parliament. Source: AAP

A new Labor policy aims to make childcare fees more transparent by forcing providers to report detailed information about their revenues and profits. 

The policy has been designed to stop some childcare providers charging exorbitant fees for their services. 

Opposition Leader Anthony Albanese announced the commitment at a keynote speech to business leaders on Thursday. 

"Parents should have more transparency around what exactly they're paying for, so they can decide which provider is right for their family," Mr Albanese said.
Mr Albanese said taxpayers were spending about $9 billion on the current childcare subsidy, but there was little oversight or public reporting of how this taxpayer money is spent.

He has also promised to ban so called "gimmicks" used by providers, such as free iPads, to entice families to enrol. 

"These are marketing gimmicks and are an inappropriate use of taxpayer dollars," Mr Albanese said. 

The public reporting of fees is already a requirement for taxpayer funded subsidised care. 

Last week the government removed more than 500 childcare providers from their Childcare Finder website for not publicly reporting this result.
Labor's push to improve this transparency comes amid a government spat over childcare policy.

The government has committed to a $1.7 billion childcare subsidy boost for parents with two or more children in care, aiming to help more women back into work and lower the gender pay gap.

Draft laws to roll out the changes will be introduced to parliament on Thursday.

But a fierce debate has erupted internally over the plan, with one member of the coalition wanting subsidies for live-in nannies on farms. Another described childcare as "outsourcing parenting".

Mr Albanese said the war on childcare showed the contempt some in the coalition have for working families.

"The level of disrespect in that statement is galling, and shows how out of touch they are with working families."

Under the laws, from 1 July next year the government will increase the childcare subsidies available to families with more than one child aged five and under, benefitting about 250,000 families.

The government will also remove the $10,560 cap on the Childcare Subsidy, benefitting about 18,000 families.

Labor has offered near universal childcare subsidies as part of its pledge for the next election.

With AAP.


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By Tom Stayner


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