Description: If any area of social policy deserves the label, “never-ending-story,” it’s childcare in Australia. Once the province of community-based providers, from the late eighties childcare gradually became broadly privatised under both Labor and Coalition governments. Recurring questions of standards and improved childcare quality were largely pushed to the background. Using tax-funded subsidies and contemporary corporate practices, ABC Learning and other companies took off, flew high and crashed. Despite soothing rhetoric from the Rudd government, the fall-out threatens to hamper more progressive policies and on-the-ground quality childcare for quite a while. As the global financial crisis tightens its grip, childcare and family policy researcher, Professor Deborah Brennan, discusses the story so far, and the likely next moves, with Peter Clarke.