Child Care News

Female CEOs, directors boost company values: report
Sydney Morning Herald - Jennifer Duke - June 19, 2020

If women did leave the workforce to raise children, she said, the childcare system acted as a further disincentive to return to full-time employment as the costs could outweigh the financial benefits. "So women in their 30s tend to miss the mastery years of real traditional experience development,"...

Dan Tehan: Please note more research showing families cannot afford pre-COVID19 childcare fees
Women's Agenda- Georgie Dent - June 18, 2020

On Tuesday and Wednesday this week two pieces of new research were released, from two separate organisations, confirming, in different ways, the unaffordability of early childhood education and care in Australia. And, the mounting crisis facing parents and the early learning sector...

Early learners in Tasmania given support to ‘bounce back to learning’
The Sector - Freya Lucas - June 18, 2020

The Tasmanian Government is supporting students in the early years to ‘Bounce Back to Learning at School’ after learning at home due to COVID-19 pandemic, with the help of early learning educators who will work in partnership with teachers to identify learner needs, provide resources ...

Scars of ABC Learning a 12-year childcare nightmare
Financial Review - Liam Walsh - June 18, 2020

Twelve years after its collapse, ABC Learning Centres remains the non-decaying kryptonite for superfolk of the childcare sector. Just look at how current sector giant G8 Education handled Peter Trimble joining the board at its AGM this week. Trimble had worked at Brisbane-based ABC...

Two childcare centres closed as state records 18 new cases of COVID-19
The Age - Melissa Cunningham - June 18, 2020

Two Melbourne child care centres have been temporarily shut down after a child and worker at separate facilities tested positive to coronavirus in the past day. The child and childcare worker are among 18 new cases of COVID-19 recorded overnight...

Return to childcare fees may be unaffordable for some families, research shows
ABC 7.30 - Michael Atkin - June 17, 2020

Families whose household income has dropped during the coronavirus crisis could be unable to afford child care when fees return in mid-July, new research shows. In April, the Morrison Government put in place a $1.6 billion relief package because some childcare providers...

Will these Childcare and Education Related Stocks see a future post changed regime: TNK, GEM, IEL?
Kalkine Media - June 17, 2020

However, to support the early learning sector during this period of decreased occupancy levels, the care providers will get a Transition Payment equal to 25 per cent of each centre's fee levels before the impact of the pandemic, during 13 July-27 September. Given these dynamics...

Dividends frozen, childcare giant G8 plans revival
Financial Review - Liam Walsh - June 17, 2020

G8 Education has expressed ambitions of reviving dividends down the track, after the childcare giant froze payouts until at least midway through next year. The company, which has almost 475 centres trading under brands including Sandcastles and Kool Kids, suspended dividends...

WA OSHC provider penalised $21,000 for failure to ensure adequate supervision
The Sector - Freya Lucas - June 17, 2020

The approved provider of outside school hours care (OSHC) services in Western Australia has recently been fined $18,000 for two contraventions of section 165(1) of the National Law and Regulations, and to pay a contribution of $3,000 towards the Department’s legal costs...

Morphett Vale childcare centre damaged after Statesman deliberately rams building
7news.com.au - Emily Olle - June 17, 2020

Police are searching for a driver in Adelaide?s southern suburbs after a car ?deliberately? ploughed into a child care centre. Emergency services were called to the Flaxmill Road centre, at Morphett Vale, just after 10.30pm on Tuesday after reports of a crash. Security video shows...

Little Peoples Early Learning Centre Wollongong: Furious parents want a childcare centre's license investigated after "disturbing" incident
News.com.au - Peter Farago - June 17, 2020

A Geelong childcare centre will be the latest in asset from the sector to be offered to commercial property investors at an in-room auction this month. The Bell Post Hill property is one of three childcare centres offered at the auction on June 24. The tenanted investment occupies a...

Parents reveal true cost as childcare fees return
The West Australian - Lanai Scarr and Bethany Hiatt - June 16, 2020

The West Asutralian can receal a survey of more than 1000 parents and carers of young children shows they will have to choos between child care or food when relief ends...

Portfolio auction: Geelong childcare centre a set and forget hit for property investors
News.com.au - Peter Farago - June 17, 2020

A Geelong childcare centre will be the latest in asset from the sector to be offered to commercial property investors at an in-room auction this month. The Bell Post Hill property is one of three childcare centres offered at the auction on June 24. The tenanted investment occupies a...

Third primary school, childcare centre close after positive COVID-19 tests
The Age - Melissa Cunningham and Noel Towell - June 16, 2020

A third Melbourne school has been forced to close this week after a child tested positive to coronavirus, while a cluster in a Melbourne family has now been linked to a dozen cases. A childcare centre in Melbourne's north-west was also closed on Tuesday after a staff member attended...

Bendigo childcare operators hope new support package helps vulnerable families
Bendigo Advertiser - Elspeth Kernebone, Tara Cosoleto - June 16, 2020

A Bendigo childcare operator hopes vulnerable families will still be supported, after the federal government withdrew its coronavirus support package. The federal government announced a week ago that it would end its coronavirus childcare package, which had included free childcare...