Child Care News
ASIC quashes Jenny Hutson demand for enforcement manual
Financial Review - Liam Walsh - June 16, 2020Merchant banker Jenny Hutson has lost a bid to force the securities regulator to hand over an enforcement handbook, as part of her defence against corporate criminal charges. Ms Hutson also faces the prospect of the charges, linked to her role as former chairwoman of childcare giant...
NFAW adds voice to the calls for more transition support as services move to CCS
The Sector - Freya Lucas - June 16, 2020The National Foundation for Australian Women (NFAW) has added its voice to calls for the Government to provide further support for the early childhood education and care (ECEC) sector as it moves back to a child care subsidy (CCS) model, saying there is a need to “re-think” the transition...
Talking Point: Childcare battles to stay on top
Mercury - Ros Cornish - June 16, 2020The education and childcare sector is a key enabler — supporting the economy and employment, particularly for women. Education and care services across Tasmania are facing yet another change with the announcement from the Federal Government that JobKeeper and the Relief Package...
Centres welcome end of free childcare
The Australian - Adeshola Ore - June 15, 2020Parents might not be looking forward to having to pay childcare fees again but, for daycare centres, it cannot happen soon enough, with operators insisting they will be much better off even if they suffer a drop in enrolments. Kids Planet Academy owner Alex Guan said centres had been forced...
Recovery a 'once in a generation' chance to fix gender equity
Financial Review - Phillip Coorey - June 15, 2020The economic recovery from the coronavirus pandemic was a once-in-a-generation opportunity to fix key structural obstacles to women's participation in the workforce, including those posed by the childcare and industrial relations systems, a research paper says. The research, led by...
NSW to continue free preschool at State Government-funded centres
ABC News - Ashleigh Raper - June 15, 2020Treasurer Dominic Perrottet has given assurances that New South Wales won't follow the Federal Government and end free preschool at State Government-funded centres next month. He said the main reason was to help women retain jobs or re-enter the workforce. "We'll be tailoring ...
Early childhood education 'forgotten' during COVID-19 pandemic, says teacher
Bega District News - Alasdair McDonald - June 15, 2020The government's handling of the early education sector during the COVID-19 pandemic created "fear and confusion" for some providers, with one teacher saying she feels staff were disrespectfully treated as "babysitters" without protection, as the nation attempted to flatten the curve...
Are Strong Financial Prospects The Force That Is Driving The Momentum In MindChamps PreSchool Limited’s SGX:CNE) Stock?
Simply Wall St - June 15, 2020MindChamps PreSchool’(SGX:CNE) stock is up by a considerable 21% over the past three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market...
Ed Council remains “strongly committed” to UNAP but concerns about equity continue
The Sector - Jason Roberts - June 15, 2020Education Council, has signaled a strong ongoing commitment to the Universal Access National Partnership (UANP) and the delivery of quality early childhood education (ECE) however some jurisdictions highlighted that there was still more to do with regards to equity of funding ...
Parents are already withdrawing children from our childcare services
Women's Agenda - Francis Crimmins - June 15, 2020Last week I visited one of YWCA Canberra’s six early learning centres. On the day of my visit, this centre had 10 children in attendance, less than 10 per cent of its capacity. It was against the backdrop of this visit, that the government announced its plans to remove the Early Childhood Education ...
Why a 'snap back' on childcare means I can't afford to work full time
Women's Agenda - Carmen Pascoe - June 15, 2020They say there are two sides to every story and this is certainly true when it comes to the Australian governments ‘free childcare’ program. On the one hand, you hear about the need to stop free childcare, that centres can’t afford it and/or that parents can’t access the care they need...
Jay Weatherill: Our childcare system is on the brink of collapse and desperately needs a national overhaul
Sunday Mail (SA) - Jay Weatherill - June 14, 2020There has been concern expressed at the Commonwealth Government’s decision on Monday to end the temporary provision of free childcare. The decision has implications for Australian families and particularly for working mothers. I sympathise with these concerns, but Minderoo...
Recession gender agenda: why the crisis childcare subsidy must be kept in place
The Australian - Sue Morphett - June 14, 2020Australia is in a recession and the fastest way to get our economy moving is to get as many people back to work as soon as we can. To do this, we need to remove any barriers that stand in the way of any Australians looking to return to the workforce. Every worker who is offered a job should ...
A Stimulus Backlash Delivers a Global Warning: Value Female Workers
New York Times – Damien Cave - June 14, 2020Australia is pouring millions into the male-dominated construction industry while ending free child care. Critics say that is illogical and reflects sexist biases. Sydney, Australia — Shelley Duggan became an essential worker when Australia declared that her job at a suburban child care center...
Some Think Childcare Limited (ASX:TNK) Analysts Just Made A Major Cut To Next Year's Estimates
Yahoo Finance - Simply Wall St - June 14, 2020The analysts covering Think Childcare Limited (ASX:TNK) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. Both revenue and earnings per share (EPS) estimates were cut sharply as analysts factored in...
