Child Care News
National Family Day Care week a big success
The Sector - Freya Lucas - May 29, 2019Family Day Care Australia (FDCA) has described the recent National Family Day Care Week celebrations as an event which “continues to go from strength to strength”. From 6-12 May 2019, family day care (FDC) educators, services, families and children from all around Australia came together...
Evolve Education draws a line under FY2019 with release of Final Report
The Sector – Jason Roberts – May 29, 2019Evolve Education Group, the New Zealand based early education provider, has released its Preliminary Final Report for the year ending March 2019 in which it reports a significant reduction in underlying profit and a material impairment of goodwill on the balance sheet...
The childcare centre where kids make the decisions
The Age - Henrietta Cook - May 29, 2019For the past two years, boys and girls at Guardian Blyth Street Early Learning Centre in Brunswick have voted delegates onto a children’s council by weighing up these spiels and placing wooden pegs in jars. It’s part of an experiment to teach our youngest citizens about democracy and decision-making...
55-57 Ingham Road site ripe for development hits market
Gold Coast Bulletin - Keagan Elder - May 29, 2019Colliers International commercial senior executive James Pascoe said the site at 55-57 Ingham Rd in West End, which was previously lived in, suited a range of potential businesses. Options included a childcare centre, food outlet, healthcare service, indoor sport centre, offices, service station...
3 ASX small caps on brokers’ buy list
The Motley Fool - Brendon Lau - May 28, 2019The third small cap to watch is Think Childcare Ltd (ASX: TNK). Management reaffirmed 2019 guidance, and according to Canaccord Genuity, the TNK share price is attractively valued at around a 13 times price-earnings for calendar 2019. “TNK’s first four months of the year saw revenue increase...
Masterplan Update: $1.8bn Ivanhoe Estate Redevelopment
The Urban Developer - Dinah Lewis Boucher - May 28, 2019The updated masterplan for the $1.8 billion Ivanhoe Estate, referred to as Australia’s largest social housing project, is on public exhibition. The first stage of the project would comprise 740 total dwellings, including 259 social homes, and a childcare centre on the corner of Herring Road and Epping Road...
G8 Education opens flagship Brighton Centre with next generation approach
The Sector - Freya Lucas - May 28, 2019Early childhood education and care (ECEC) provider, G8 Education, has this week opened its newest flagship childcare centre in the Melbourne suburb of Brighton, boasting a professional chef, coding for children and ample parking. The Learning Sanctuary Brighton is “the culmination of many years of experience...
Parents blindsided by Mosman Occasional Childcare closure
The Daily Telegraph - Joanna Panagopoulos, Mosman Daily - May 28, 2019Parents have told the Mosman Daily they were caught off-guard when council announced Mosman Occasional Childcare Centre (MOCC) would close its doors. The MOCC is the only service in the council area to offer centre-based casual childcare. It is the only council-funded daycare in the area ...
Think Childcare revenue on the rise
Financial Review - Simon Evans - May 27, 2019Think Childcare has made a solid start to the year with revenues lifting 7 per cent for the year to date, in an update that reinforces that conditions in the sector are slowly improving. Wage costs as a percentage of revenue were also contained and running at 62.6 per cent...
Victorian budget: Free preschool for 3-year-olds with $1 billion for early childhood education
The Australian - Rebecca Urban - May 27, 2019In line with last year’s election promise, the Andrews’ Labor government has unveiled a record $1 billion investment in early childhood education, including $880 million to kickstart its subsidised three-year-old preschool program, as it handed down today’s budget...
Tasmanian Government reaffirms strong commitment to early learning in 2019/20 Budget
The Sector - Jason Roberts - May 27, 2019The Tasmanian Government has reconfirmed its strong commitment to early childhood education and care (ECEC) in its 2019/20 state budget with a comprehensive set of policy initiatives that will continue to ensure more families and children are able to access quality early learning...
Stockland seeks to expand its Newport estate with high end townhomes
The Courier Mail - Erin Smith, Redcliffe & Bayside Herald - May 27, 2019A developer hopes to build more than 50 “high end townhomes” and a childcare centre in a growing lakeside estate north of Brisbane. Stockland lodged several development applications seeking permission to build 52 high end townhomes and a childcare centre in its Newport estate...
Melbourne’s Getting a Second $450 Million Chinatown
Broadsheet - Edwina Landale - May 27, 2019Box Hill will get a major new development following the announcement of the New Chinatown precinct – a $450 million project by hospitality and property development company Golden Age Group (HuTong, China Red). Plans are also in the works for a 1500-square-metre childcare centre...
Inside CBA’s innovative new working environment
Human Resources Director - John Hilton - May 27, 2019Commonwealth Bank of Australia’s (CBA) 10,000 workers have recently been moving into a brand-new building, Axle, at Sydney’s new technology and innovation hub, South Eveleigh. The second complete building, Yerrabingin House, has a community centre, gym, childcare...
Mobile preschool bringing education to remote areas in Tumbarumba
Architecture & Design - Hyne Timber - May 27, 2019Puggles Mobile Children’s Services Van brings early childhood education and care to six regional and remote areas of the extended Tumbarumba region. A highly valued community service, the mobile preschool was the beneficiary of a 2018 grant from the Hyne Community Trust...
