Child Care News

Kenmore Hills Early Learning Centre sells for $4m to local investor
The Sector - Freya Lucas - March 17, 2020

The newly established Kenmore Hills Early Learning Centre has sold for $4,742,671 to a local investor following a successful expressions of interest campaign by JLL’s Sam Byrne and Tim Jones. The sale price reflects a yield of 6.14 per cent and will be of interest to those who invest in...

Should I keep my children home from school due to coronavirus?
ABC News - Conor Duffy and Sophie Scott - March 16, 2020

What about childcare? Essentially, that's up to you. If you're able to work from home, experts say it would greatly assist Australia's social distancing efforts. It would also help minimise contact and therefore the spread of the virus for adults, rather than young children. There is also evidence...

Goodstart Early Learning closes headquarters after coronavirus case
The Courier Mail - Brian Bennion, South East Advertiser - March 16, 2020

The headquarters of childcare provider Goodstart Early Learning in Brisbane’s east has been shut down after an office worker was confirmed with COVID-19. The central office at Metroplex Ave, Murarrie, is the group’s state headquarters and does not incorporate a child care centre...

New OECD report provides global yardstick to evaluate the success of early years efforts
The Sector - Freya Lucas - March 16, 2020

A new first of its kind report, prepared by the Organisation for Economic Co-operation and Development and publicly available 18 March 2020, has shone a light on how children in the United States, England and Estonia experience early education. Noting that the first five years...

Property innovation with Woodlea sales centre designed to transform into ECEC space
The Sector Freya Lucas - March 16, 2020

A master planned community, located in the northern suburbs of Melbourne at Rockbank, has looked to the future, designing its third sales and discovery centre, known as the Woodlea Hub, with the intention of adapting the building into a childcare centre in five years time...

Dept of Education releases COVID-19 information pack for providers, as Tehan comments
The Sector - Jason Roberts - March 16, 2020

The Federal Department of Education, Skills and Employment has released an information pack for early childhood education and care (ECEC) providers which contains details of support mechanisms that are available for services to draw upon in the event that they or their families...

Childcares talk about any future shutdowns as G8 Childcare brings in heavy duty sanitiser
The Daily Telegraph - Clare Masters, News Corp Australia Network - March 15, 2020

Childcares facing shutdown over the coronavirus epidemic are in talks with government bodies about relaxing the carer ratios. It comes as one childcare provider is importing a heavy duty sanitiser that keeps surfaces clear of viruses for 30 days and has also cancelled excursions and ...

What Is Think Childcare's (ASX:TNK) P/E Ratio After Its Share Price Tanked?
Yahoo Finance - Simply Wall St - March 15, 2020

Unfortunately for some shareholders, the Think Childcare (ASX:TNK) share price has dived 31% in the last thirty days. Indeed the recent decline has arguably caused some bitterness for shareholders who have held through the 49% drop over twelve months. Assuming nothing else...

Childcare sector 'well and truly worried' about coronavirus shutdowns
The Sydney Morning Herald - Caitlin Fitzsimmons - March 14, 2020

Parents will not have to pay childcare fees if centres close because of the coronavirus pandemic, but the sector is warning government funding would fall short in the event of widespread shutdowns. Representatives from the sector wrote to Prime Minister Scott Morrison and...

Virus crisis fund supports child care
Nine.com.au - AAP - March 13, 2020

Childcare services can seek grants from a $14 million fund to help cover wages and business costs to keep them running amid the coronavirus outbreak. And families with children in care will be allowed to have extra absent days before losing the childcare subsidy if they catch the virus...

Coronavirus Brisbane: Daycare centre in McDowell closed after family comes in direct contact with confirmed case
The Courier Mail - Antonia O'Flaherty - March 13, 2020

Two Brisbane early childhood centres have closed over concerns of contact with the coronavirus. Parents have been urged to collect their children from the McDowall early learning and kindergarten Only About Children (OAC) campus as soon as possible with the centre shut until...

Allan Gray punts on childcare
The Australian Business Review - Bridget Carter - March 13, 2020

Fund managers may be worrying most about stocks in the travel and tourism space, but not far from their mind are other sectors such as childcare. Depending on the extent of the coronavirus fallout, one concern is that should an increasing number of people be forced to take leave...

4 Days Left Until Think Childcare Limited (ASX:TNK) Trades Ex-Dividend
Yahoo Finance - Simply Wall St - March 12, 2020

Think Childcare Limited (ASX:TNK) stock is about to trade ex-dividend in 4 days time. Ex-dividend means that investors that purchase the stock on or after the 16th of March will not receive this dividend, which will be paid on the 27th of March. Think Childcare's next dividend payment will be...

Ballarat childcare centre closes doors as employee awaits results
The Courier - Rochelle Kirkham - March 12, 2020

A Ballarat childcare centre closed its service on Thursday for precautionary health reasons, after an educator became unwell. Village Early Education area manager Sonia Fagan said the educator had symptoms similar to those of coronavirus and the Village Early Education Eureka centre...

Adventurers Wyndham Vale first in Aus to use Lena Grow to boost children’s language
The Sector - Freya Lucas - March 12, 2020

Early childhood educators at Adventurers, a small, family-owned centre in Wyndham Vale, are the first in Australia to participate in the LENA Grow professional development program to help educators to increase language interactions in the classroom based on feedback from ‘talk pedometers’...