Looks like the childcare reforms are set to go through the...

Looks like the childcare reforms are set to go through the Senate in the next day or two. Judith Sloan piece in the Australian today , I quote " Childcare has become a beautiful business model , with rates of return above 20 per cent" . $1.7B of funding is now very likely to go into the childcare sector and childcare centres will find it easier to increase fees now , especially the trade up centres outside the inner city suburbs. The well off parents in the inner city suburbs of Melbourne and Sydney on over $350K family income a year will lose out but doubt they will give up one of their jobs.