Child Care News

Oversupply concerns hit childcare sector again
Financial Review - Larry Schlesinger - February 13, 2020

Oversupply concerns have resurfaced in the childcare sector with the country's largest listed landlord, the $1.3 billion Charter Hall Social Infrastructure Fund, "monitoring conditions" in pockets of the market. While the fund (CQE) reaffirmed its full-year earnings guidance...

Charter Hall fund rises on childcare demand
The Australian - Gerard Cockburn - February 13, 2020

The listed Charter Hall Social Infrastructure REIT has posted a significant rises in first half profit as it benefits from demand for childcare places. The childcare centre owner turned in a 16.1 per cent rise in net profit to $49m, driven by 45 new leasing transactions ranging from...

Only one bushfire-hit business given loan
News.com.au - Daniel McCulloch - February 12, 2020

Meanwhile, families affected by the bushfire season are being offered childcare payments. Volunteer firefighters and families affected by the disaster will be able to put public donations towards childcare fees for the next 12 months without risking their subsidies...

Outbreak at Parliament House
The Australian - Alice Workman - February 12, 2020

Forget the coronavirus (or COVID-19, as the World Health Organisation officially has named the deadly disease). Parliament House’s childcare centre is battling an outbreak of the highly contagious hand, foot and mouth disease. Not that anyone knows. The Department...

Super fund offers aged care staff discounted housing
Australian Ageing Agenda - Sandy Cheu - February 12, 2020

Industry superannuation fund First State Super has expanded an affordable housing initiative to Victoria to help people working in health, aged care and other community service roles live closer to where they work. The initiative aims to address housing stress in Melbourne among key workers including nurses, aged, disability and child care workers...

Close gender gap says Little Scholars founder, calling on men to step up for children
The Sector - Freya Lucas - February 12, 2020

Men who shy away from early childhood education and care (ECEC) are missing out on the opportunity to not only make a significant difference in the life of a child, but also to participate in a rewarding career, Little Scholars Founder Jae Fraser said recently. With 97 per cent...

Do Insiders Own Shares In Think Childcare Limited (ASX:TNK)?
Simply Wall St - February 11, 2020

The big shareholder groups in Think Childcare Limited (ASX:TNK) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Warren Buffett said that he likes ‘a business...

Keeping Australians safe online
Mirage News - February 11, 2020

A new guide for parents of under 5s from the Morrison Government’s eSafety Commissioner will help keep children safe online as more than 1,000 schools and groups around Australia mark Safer Internet Day. According to research from the eSafety Commissioner, Australian children...

Green light for childcare centre
Star Weekly Melton & Moorabool - Ewen Mcrae - February 11, 2020

Melton council has approved plans for a new childcare centre in Brookfield, despite a number of objections from residents and councillors. The council last week considered the application for a new centre on Clarkes Road, Brookfield, which would have space for 90 children...

Acquisition of Xplor by TSG completes after regulatory approvals received
The Sector - Jason Roberts - February 11, 2020

The sale of Xplor to New Zealand based global payment solutions provider Transaction Services Group has now completed after the company received the green light from both the Australian Competition and Consumer Commission and the Foreign Investment Review Board...

Childcare fees hit hip pocket
Star Weekly - Jessica Micallef - February 11, 2020

Hourly fees for childcare in the Macedon Ranges are above the national average, new data shows. Families in the Macedon Ranges were paying $10.12 per hour on average for centre-based day care in September last year, the federal government’s Department of Education...

Funding Boost For Community Language Schools
Mirage News - February 10, 2020

Hundreds of preschool children will soon get extra help to learn their mother tongue, thanks to the Andrews Labor Government as part of a $7.5 million funding boost for community language schools. Community language schools provide out-of-school-hours programs to help...

Submissions to retirement income review expose super’s women problem
The New Daily - Rod Myer - February 10, 2020

The government must pay superannuation contributions to mainly female disadvantaged groups to improve equity in retirement incomes, business consultancy KPMG believes...“Further, focusing on parental care/carer responsibilities – we assert that a fair society...

Asking for consent to take a child’s photo is excessive
The Daily Telegraph - Courtney Houssos - February 10, 2020

In a booklet released today the eSafety Commissioner advises us to ask our children, as young as two years old, for permission before taking or sharing a photo. Worst of all, now we find this advice may affect child care centres that share photos from their daily activities with parents ...

Victoria Avenue Children’s Centre sent DV victim’s info to abuser
The Daily Telegraph - Anton Rose, Inner West Courier - February 10, 2020

A council-run preschool accidentally handed over a young mum’s personal information more than a dozen times to the man who allegedly subjected her to domestic violence, in a bungle that left the woman “vomiting and having panic attacks”. The mistake came to light after ...