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Childcare costs race ahead of inflation.



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media release

jenny macklin mp shadow minister for families and community services shadow minister for indigenous affairs and reconciliation federal member for jagajaga

CHILDCARE COSTS RACE AHEAD OF INFLATION

Today's release of the Consumer Price Index shows that in childcare costs rose a whopping 5.4 per cent in the three months between December 2006 and March 2007, with a 12.9 per cent increase over the last year.

Childcare fees are racing ahead of overall inflation, which was 0.1 per cent in the last quarter.

Many families are getting priced out of childcare altogether.

Last week Mr. Howard’s Government said that there was no crisis in child care.

There is no crisis - I have been saying long and hard there are no crises…. (Mal Brough, 19 April 2007)

Childcare affordability has dropped by over 50 per cent since 2001 and it’s about time the Prime Minister stopped denying reality.

Mr. Howard is out of touch if he can't see that families are getting caught between childcare costs and mortgage payments.

One of the toughest decisions parents make is to send their child to childcare. It's critical that childcare is affordable, high quality and easy to get to.

Labor understands how difficult it is to afford childcare. Labor will help reduce the costs of childcare by building 260 new childcare centres in areas of real need.

Labor's $450 million Early Childhood Education Plan will boost the quality of care by giving every four-year-old the right to 15 hours of early childhood learning per week.

More info: Moksha Watts 0409 774 266

24 April 2007