Excerpts
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Lowly-paid childcare workers and parents struggling with the cost of living may have been left cold by the following year's annual report from Bright Horizons to the NYSE.
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The Australian Competition and Consumer Commission found not-for-profits spent more on staff, had higher retention levels and more full-time rather than casual workers.
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Following the 4 Corners investigation the government announced it would target operators that put "profit over quality" in a new enforcement scheme co-designed with industry.
The government said there was only a "small number" of operators doing the wrong thing.
The Australian Childcare Alliance, a lobby group that advocates for many for-profit providers did not respond to a request for comment.
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