Albanese builds on “Early Years Strategy,” reiterates fee regulation and profit transparency commitments

Anthony Albanese MP, the leader of the Opposition, has built on Shadow Minister for Early Childhood Education, Amanda Rishworth’s recent speech in which she outlined the key tenets of Labor’s new “whole of government” Early Years Strategy as well as reiterate Labor’s key pre-election promises, including fee regulation and profit transparency measures.

• Delivering the Cheaper Child Care for Working Families plan, which will make child care cheaper for 97 per cent of families in the system;

• Tasking the Productivity Commission to review the early learning sector, with the aim to implement a universal 90 per cent Child Care Subsidy for all families;

• Tasking the ACCC with designing a price regulation mechanism to drive down child care costs for good; and

• Improving transparency in the child care sector, by forcing large providers to publicly report revenue and profit, provide real time fee data and quality ratings to families, and ban non-educational enrolment inducements.