Private investors snap up $43m of childcare centres
Financial Review - Larry Schlesinger - May 10, 2018

Private investors have pounced on an offering of 12 childcare centres in NSW, Victoria and Queensland, with 11 of them selling in 10 days for a combined $43 million. The centres, which were offered as part of Burgess Rawson auctions, sold on yields ranging from 5.4 per centre for a $4.9 million...

G8 Education keen for another look at Affinity
Business News Australia- May 10, 2018

CHILDCARE operator G8 Education (ASX:GEM) may be keen for a second bite at Affinity Education more than two years after botching a takeover of its former Gold Coast-based rival. Private equity group Anchorage Capital Partners has placed Affinity on the market after successfully fending...

Welfare payments to be docked as 'no jab, no pay' legislation clears parliament
Illawarra Mercury - Matt Coughlan - May 10, 2018

Parents whose children don't meet immunisation requirements will have their welfare payments docked $28 a fortnight after legislation cleared parliament. Under the federal government's tougher "no jab, no pay" policy, fortnightly Family Tax Benefit Part A payments will be reduced from July...

Antivax teacher unlikely to lose registration
Herald Sun - Aneeka Simonis - May 10, 2018

The post appeared to encourage parents of children infected with measles to share the highly contagious disease with her own two kids. Her comments sparked widespread concern within the community, with Victorian Health Minister Jill Hennessy blasting the teacher as "irresponsible"...

Childcare centre oversupply unfounded
Financial Review - Su-Lin Tan - May 9, 2018

Fears of an oversupply of childcare centres in major capital cities are unfounded, commercial real estate agents say. The childcare property sector remains buoyant with strong demand from investors and customers leading to low vacancies in childcare centres in metropolitan areas...

Federal Budget 2018: Why fixing bracket creep is best for the poorest workers
Financial Review - Grant Wardell-Johnson - May 9, 2018

The interaction of our tax system and family payments and child care systems can produce highly problematic results whereby the effective tax rate on an additional dollar of earnings for a second earner, usually women, looking to move from 3 days a week to 4 or 5 days a week can be...

Missed opportunity on quality early learning
Education HQ - May 9, 2018

The early childhood sector continues to be concerned about the Federal Government's lack of clear policy objectives and investment strategy in early learning. With the new Child Care Subsidy due to be implemented from July 2018, estimated expenditure has been revised down again...

BECIS able to cater to older children with funding changes
Western Advocate - Rachel Chamberlain - May 9, 2018

She hopes that by publicising the changes at BECIS that those families will be able to cut down on travel for their childrens' needs. "It is absolutely vital for families to have access to a range of specialist support services, things like occupational therapy, speech pathology, physiotherapy...

Here's what the Federal Budget means for you
Daily Telegraph - John Rolfe - May 9, 2018

WORKING parents on middle incomes who have young kids are the biggest winners in this Budget. These households are set to receive tax cuts of $1000 a year on top of even larger amounts of recently legislated childcare fee help. Most of the tax relief in this Budget is paid as a lump sum...

Federal Budget 2018: Tax relief for five million families
Daily Telegraph - Kylar Loussikian - May 9, 2018

But a PwC analysis conducted for The Daily Telegraph shows the benefits of the initial tax cut is smaller than that of the higher childcare rebate announced earlier this year. A family of two with two children, with both parents earning $75,000, will get a $1433 childcare rebate bump compared...

7 programs that have been axed in the 2018 federal budget
Business Insider - Sarah Kimmorley - May 8, 2018

The government will achieve savings of $6 million over three years from 2019-20 by returning uncommitted funding for the Child Care Early Learning Projects program. Projects currently funded under the program will continue until their completion. Funding of $9.6 million over four years from...

Federal Budget 2018: No surprises for young families as childcare boost and tax cuts unveiled
Sydney Morning Herald - Blake Foden - May 8, 2018

While there were no new measures for housing affordability in the budget, boosts for young families include: The government will spend $870 million on preschool funding for the 2018 and 2019 school years, families earning $187,000 a year or less will not face a limit on the amount...

More chaos at Blue Sky: Chair to go, CIO out, profit guidance pulled
Business Insider - Sam Jacobs - May 7, 2018

Blue Sky also presented some detailed figures on its historical investment performance, fee-earning assets under management, and fee arrangements. The company confirmed it would exit its investment in child-care operator Foundation Early Learning, with proceeds from sale...

'Everything's going up': Young families hope for budget relief to ease cost of living
SBS News - Sarah Abo - May 7, 2018

Budget 2018: Making ends meet is a struggle for many Australian families with young children who are looking for relief with childcare costs and education. From the home they rent in the outer Melbourne suburb of Mernda, Angelo and Jeny Cupellini sift through their bills...

Number of mental health visits to hospital for Victorian kids triples in seven years, study finds
ABC News - Erin Somerville - May 7, 2018

There has been a drastic rise in the number of young people seeking help for mental health issues at Victoria's emergency departments, with many families unaware their children are suffering until they experience physical symptoms, an Australian-first study has found. The Murdoch...