One in four NSW childcare centres failing to meet national standards: report
ABC News - Lee Brooks - August 27, 2016

The Federal Government is urging the New South Wales Government to do more to make the state's childcare centres compliant with the latest national standards introduced four years ago. The latest National Quality Framework Snapshot issued by the Australian Children's Education and Care Quality...

Michael Traill and the $40b asset class you've never heard of
Financial Review - Fiona Buffini - August 26, 2016

Michael Traill wants you know Goodstart wasn't a one-off. It's been seven years since Traill and a syndicate of charities pulled off the $95 million acquisition of 672 childcare centres from the ashes of ABC Learning. Goodstart is now a $900 million a year operation, a non-profit that invests...

Canaccord nabs advisory role in Bain Capital's childcare deal
Financial Review - Sarah Thompson, Anthony Macdonald, Joyce Moullakis - August 26, 2016

Canaccord Genuity has emerged as an adviser in Bain Capital's acquisition of child education success story Only About Children. The Cannacord team, led by Grant Brown, advised Brendan McAssey, chief executive and founder of the upmarket early learning business. K&L Gates provided legal counsel...

Growing minds
Ten Eyewitness News - August 26, 2016

There's room for growth in Victoria's childcare centres. While the state had the highest number of childcare centers to achieve top marks in national quality standards rankings, one in five failed to meet all the criteria...

Demand remains high for childcare centres
Domain - Ray Sparvell - August 26, 2016

Canberra's love affair with childcare centres is showing no sign of wavering as another site in Rivett is set to go to auction on September 13 with a commitment from a quality, long-term operator already in place. Selling agent Guy Randell, managing director of Burgess Rawson, says a building...

Bain Capital signs childcare deal, readies permanent Sydney home
Financial Review - August 26, 2016

Private equity giant Bain Capital is set to enter the Australian childcare sector with the acquisition of upmarket early learning business Only About Children. Sources told Street Talk that Bain had already agreed terms with Only About Children founder and chief executive Brendan McAssey and...

Arena forecasts a 7.4 per cent dividend increase
The Australian - Turi Condon & Maggie Lu Yeuyang - August 26, 2016

Childcare owner Arena REIT is forecasting a 7.4 per cent rise in dividends for the current financial year on the back of rental growth and as it pushes on with 14 new development projects. The company reported a $25.6 million net operating profit for the year ending June 2016, up 16 per cent...

Forget the kids, Scott Morrison: focus on the now
The Australian - Judith Sloan - August 26, 2016

While the government is still keen to cut family tax benefits, the plan is to plough the proceeds and more into additional spending on childcare, even though we know that this spending is both wasteful and ineffective. As a member of the outer ministry tells me, people expect their childcare fees...

Almost one in five Victorian childcare centres fall short of national quality standards
Herald Sun - Evonne Madden - August 25, 2016

ALMOST one in five Victorian childcare centres are falling short of national quality standards - despite topping the country's preschool rankings. The latest report on the quality of Australia's early childhood system shows Victoria has the highest rate of centres either meeting or exceeding official...

South Australia's Working With Children Checks to be overhauled after royal commission
ABC News - August 23, 2016

A plan to overhaul South Australia's Working With Children Checks by introducing portable checks valid for five years and a centralised assessment unit is expected to go before Parliament next month. The proposed changes released by the State Government are in line with recommendations from...

Are you paying too much for before and after-school care?
The Age - Henrietta Cook - August 21, 2016

A major change has quietly unfolded at Victorian schools – and it is costing parents a lot of money. Private operators have muscled in on before and after-school care, and now run an estimated 70 per cent of programs in the state. Two decades ago, these services were all run by schools or local...

Family Tax Benefit cut will affect 130,000 families earning more than $100,000
The Daily Telegraph - Samantha Maiden - August 20, 2016

FAMILIES earning more than $100,000 who qualify for family welfare supplement payments worth $700 a year are set to lose half that cash under a deal between Bill Shorten and Malcolm Turnbull. But there is some good news - the deal holds the key to resolving delays over promised childcare...

Tasmanian Government ditches plan to lower compulsory school starting age
ABC News - Rosemary Bolger - August 18, 2016

The Tasmanian Government has backed down from a plan to lower the compulsory school starting age by six months. The plan to lower the age to four-and-a-half years had been criticised by the childcare sector which had predicted dozens of services would close and hundreds of jobs would be...

Tasmania must absorb cost of up to 1,400 extra kindy kids if schooling changes proceed
ABC News - Lucy Shannon - August 17, 2016

Questions are being raised about how the Tasmanian Government will fund its plan to lower the school starting age. The Government wants to reduce the compulsory starting age by six months, pushing the kindergarten starting age down to three-and-a-half years. Education Minister Jeremy...

Childcare sector says hundreds of jobs will go if Tasmania lowers school starting age
ABC News - Laura Beavis - August 16, 2016

Tasmania's childcare sector fears hundreds of jobs will be lost if the Government lowers the school starting age from 2021. The Government wants to reduce the compulsory school starting age by six months, which would push the voluntary kindergarten starting age down to three-and-a-half...