The Federal Government has announced a year long inquiry, kicking off in January, into the rising cost of child care.

The Australian Competition and Consumer Commission (ACCC) has been asked to investigate and provide reccomendations in their report, in hope of finding ways to make the system more affordable.

According to the government the cost of child care has risen by 41 per cent in the past eight years.

Thrive by Five Director, Jay Weatherill told Mark Gibson in some cases it would cost more in childcare fees than not going back to work.

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