Child Care News

Four pre-schoolers among new Victorian coronavirus cases, bringing state total to five
Nine.com.au - Chanel Zagon - March 31, 2020

Four pre-schoolers are among Victoria's 96 new confirmed cases of COVID-19, bringing the state's total to five young children infected. Victorian Health Minister Jenny Mikakos today revealed three cases were babies aged under one year, as well as a one-year-old. One of the babies...

Blacktown coronavirus cases on the rise, latest health data shows
The Daily Telegraph - Kate Lockley, Blacktown Advocate - March 31, 2020

As of 8pm on Monday night, NSW Health confirmed the Blacktown Local Government Area had 67 cases of COVID-19, with six linked to a Blacktown school and childcare centre. The Rose of Sharon Childcare Centre in Blacktown also has three confirmed cases of the virus after a ...

National Cabinet to discuss arrangements for ECEC at next meeting as sector awaits more direct support
The Sector - Jason Roberts - March 31, 2020

The National Cabinet, which is made up of Australia’s first ministers – The Prime minister, premiers and territory leaders – has confirmed that early childhood education and care (ECEC) will be included in the agenda for their next meeting on Friday 3rd April 2020. Formed at the ...

COVID-19 – Implications for Employers series – Part Two – Leave Entitlements
The Sector - Freya Lucas - March 31, 2020

Over the coming days The Sector will be bringing you an informative series, designed to explore the implications of the COVID-19 pandemic for employers. Covering issues such as employee safety, workplace obligations, leave entitlements and managing business continuity...

Wage Subsidy and Postponement of Final Dividend - GEM - G8 EDUCATION LIMITED
Financial Review - March 31, 2020

G8 Education Limited (the “Group” or “G8“, ASX: GEM) provides the following update in relation to the Federal Government’s wage subsidy package and postponement of the Group’s H2 fully franked dividend. In response to the COVID‐19 pandemic, the Federal Government announced...

Childcare sector says collapse averted for now
Australian Financial Review - Robert Bolton - March 30, 2020

A childcare sector that was on the verge of mass stand downs says the prime minister's job keeper package will help businesses keep their staff even as attendance falls close to zero. The industry employs more than 180,000 staff but has suffered a collapse in attendance...

If coronavirus forces childcare services to close for good, parents will be left stranded
The Guardian - Lisa Bryant - March 30, 2020

When health workers can’t turn up to their jobs because they have no one to look after their children there will be an uproar – but it’ll be too late. Parents are withdrawing their children from education and care in droves. They are doing it because they are concerned for their children ...

Tasmanian childcare centres are on the brink of collapse because of plummeting attendance and no support
The Examiner - Sue Bailey - March 30, 2020

Tasmania's childcare sector is on the brink of collapse because of the COVID-19 pandemic. Discovery Early Learning Centres chief executive Jo Walsh said the situation was "dire" as attendance at childcare centres had plummeted. "Parents are staying at home and keeping their children...

Coronavirus live updates: $130b announced to save Australian jobs
The Daily Telegraph - Jessica McSweeney and Georgia Clark - March 30, 2020

Workers will be kept in their jobs with fortnightly $1500 government-funded payments in an extraordinary $130 billion bid to keep Australia's economy afloat. Prime Minister Scott Morrison said the new "JobKeeper" payment would support as many as six million Australians over the next ...

Coronavirus Blacktown: Six new cases at school, childcare centre
The Daily Telegraph - Kate Lockley, Blacktown Advocate - March 30, 2020

A school and childcare centre in the Blacktown are the latest to be hit by the coronavirus crisis, with six fresh cases. A childcare centre only 5km away from the school also has three confirmed cases of the virus, with two children and a childcare worker coming down with the virus...

How will the COVID-19 pandemic impact ASX education shares?
The Motley Fool - Nikhil Gangaram - March 30, 2020

The social measures and restrictions of the COVID-19 pandemic are poised to change the landscape of Australia’s education sector. G8 is Australia’s largest early childhood education and care provider listed on the ASX. The company operates around 470 centres in Australia and ...

Uncertainty around ECEC support remains despite PM and Council comments
The Sector - Jason Roberts - March 30, 2020

The latest round of high level Government press conferences and meetings, held 27 March, referenced the early childhood education and care (ECEC) sector, but yielded no additional support measures, despite rapidly deteriorating operating conditions being experienced across the sector...

Goodstart outlines COVID-19 plan to support families, educators and children
The Sector - Freya Lucas - March 30, 2020

With early childhood education and care (ECEC) settings in all Australian states and territories, many in the sector are watching the responses from Goodstart Early Learning to the unfolding COVID-19 pandemic, seeking guidance about the best way forward in a rapidly changing environment...

SA to close some schools in bid to contain cluster
Nine.com.au - Emily McPherson - March 29, 2020

South Australia will close some schools in the Barossa Valley until further notice in an effort to shut down a cluster of COVID-19 cases. Schools, childcare centres and out-of-school hours services in the affected areas will also be closed from Monday until future notice in an attempt to ...

What Is MindChamps PreSchool's (SGX:CNE) P/E Ratio After Its Share Price Tanked?
Yahoo Finance - Simply Wall St - March 28, 2020

Unfortunately for some shareholders, the MindChamps PreSchool (SGX:CNE) share price has dived 43% in the last thirty days. Given the 63% drop over the last year, some shareholders might be worried that they have become bagholders. What is a bagholder? It is a shareholder...