Speaking on Sky News on Sunday, Minister Clare said while the government had acted to provide further bill relief to families through increased subsidies, it intended to embark on “serious reform” to lock in prices at lower levels.Mr Clare’s intervention follows the release of a new report into child care costs released by the Australian Consumer and Competition Commission (ACCC) which finds child care costs in Australia are less affordable when compared with most other OECD countries. In 2022, an Australian couple earning average wages with two children spent 16 per cent of their net household income on net childcare costs, compared with the 9 per cent OECD average, the report says.Earlier this year, the competition watchdog also found fees had outpaced inflation in the past five years, with increases of between 20 per cent and 32 per cent in the five years to 2022.In response, the Commission makes a number of recommendations to government including additional subsidies to under-serve...