Arena REIT placement upsized: book message
Financial Review - Sarah Thompson, Anthony Macdonald and Tim Boyd - June 2, 2020

Childcare centres owner Arena REIT is making the most of its trip to equity capital markets. A message sent to funds by lead manager Morgan Stanley on Tuesday afternoon said that the REIT's $50 million placement was oversubscribed and the company was increasing...

Medowie: $8m complex containing pharmacy, mecical centre and child care gets green light
The Daily Telegraph - Amy Ziniak, The Newcastle News - June 2, 2020

A 126-space child care centre, pharmacy and medical centre will all be part of an $8 million development coming to Medowie, after it was approved by the JRPP. The predicted population growth of a suburb in Port Stephens will drive continued development to address ...

Toxic soil removed from childcare centre in Keilor Park
Herald Sun - Alex White - June 2, 2020

Toxic soil will be stripped from a Melbourne childcare centre and a further 13 private properties are under review after testing found the cancer-causing chemical PFAS on site. The contaminated section of playground at the Milleara Integrated Learning Centre in Keilor Park has been restricted...

Union calls out COVID-19 risks with survey – two thirds of respondents feel unsafe at work
The Sector - Freya Lucas - June 2, 2020

The United Workers Union has conducted a national survey of over 1,000 educators, finding that a number of them feel that there are “widespread safety risks” and “dropping standards of education and care” as the number of children attending long day care rapidly goes up...

SNAICC submission says COVID-19 has exposed and exacerbated ECEC weaknesses
The Sector - Freya Lucas - June 2, 2020

SNAICC – National Voice for our Children recently provided a submission to the Federal Government inquiry into COVID-19 responses, based on consultation with its Aboriginal and Torres Strait Islander early years network about the impacts of COVID-19 on children, families...

Free childcare set to end by July but parents promised continued relief
7 News - June 2, 2020

The government is set to scrap its childcare subsidy package earlier than previously thought, with parents reportedly to start paying for childcare fees by July. But fees are likely to be cheaper than before coronavirus hit, with subsidies set to increase, The West Australian reports...

Arena REIT launches $50 million raising; Morgan Stanley, E&P on ticket
Financial Review - Sarah Thompson, Anthony Macdonald and Tim Boyd - June 2, 2020

Childcare centres owner Arena REIT was in front of fund managers on Tuesday, seeking to raise $50 million to underpin the acquisition of further social infrastructure property investments. Morgan Stanley underwrote the deal, which was structured as an institutional placement...

Heathmont Pre-School and Kindergarten in hands of Worrells Solvency and Forensic Accountants
Herald Sun - Kiel Egging, Maroondah Leader - June 2, 2020

More than 60 children, families and staff could be affected with a Heathmont kinder being liquidated. Administrators were appointed for the Heathmont Pre-School and Kindergarten on February 25 after its board raised concerns about its ongoing viability. The kindergarten...

Bethany Kindergarten Services conduct tours for parents virtually
Geelong Advertiser - Natalee Kerr - June 2, 2020

Choosing the right kindergarten for a child can be challenging at the best of times, but it is a whole new story during a pandemic. Wandana Heights mother Kate Hickey said the process can involve a lot of pressure – especially when open days have been cancelled due to COVID-19...

Working mothers penalised: Childcare subsidies must be reviewed
Financial Review - Craig Emerson - June 1, 2020

Australia’s virus-induced recession is like no other economic crisis our nation has faced: fast and brutal, it has caused more women than men to lose their jobs. In previous recessions, men have borne the brunt of job destruction. But women have been at the front line of the coronavirus crisis...

Government's free childcare scheme 'not sustainable' for many Aussie providers
9 News - Olivana Smith Lathouris - June 1, 2020

As Australia enters its third month of the government's free childcare scheme to assist families in coping with the coronavirus pandemic, some providers are struggling to keep their businesses afloat. As part of the plan, the government agreed to pay the equivalent of 50% of a childcare centre's...

Council-run ECEC services under threat without JobKeeper ALGA says
The Sector - Freya Lucas - June 1, 2020

The Australian Local Government Association (ALGA) has said that council-run early childhood education and care (ECEC) services are “racking up big financial losses” in their struggle to stay open without access to the Commonwealth Government’s JobKeeper program...

Busy Bees lighting up with gratitude, giving thanks to children, families and communities
The Sector - Freya Lucas - June 1, 2020

Busy Bees Early Learning Australia services around the country will be commencing a one-month campaign of thanks and recognition from today, with each of the providers 63 services around the country creating a light display to show their thanks to the children, families and...

Two-storey childcare centre approved despite residents' appeal
Brisbane Times - Lucy Stone - June 1, 2020

A two-storey childcare centre will go ahead in Holland Park after the planning court dismissed an appeal brought against it by residents of neighbouring streets. Brisbane City Council approved the centre, which will cater for up to 84 children and 13 staff on a corner block at 19 Melba Crescent and ...

More than half of parents would need to cut work if free childcare ends
The Sydney Morning Herald - Wendy Tuohy - May 31, 2020

An end to the federal government's childcare rescue package would force parents in 60 per cent of households currently using care to reduce work. And it would mostly be mothers who needed to stop or cut back their hours. A national survey of 2280 families by the parents' group The Parenthood...