Child Care News
Canberra's inner north might need a new school, four extra child care centres to cope with growth
Canberra Times - Dan Jervis-Bardy - May 21, 2019Canberra's inner north could need another public primary school, four new child care centres and around 200 aged-care places in the next decade to accommodate the district's growing population, new analysis has shown. Two new GP clinics and more recreation spaces for young people might also...
Post election, new ECEC policy initiatives likely on hold as sector awaits minister confirmation
The Sector - Jason Roberts - May 21, 2019With the Australian General Election now over and Scott Morrison’s Coalition securing another term in government, expectations for any meaningful changes or additions to the current early childhood education and care (ECEC) sector policy mix are low. In the run up to the election, Mr Morrison’s Coalition...
ECA calls on new Coalition Government to take action on child poverty and disadvantage
The Sector - Freya Lucas - May 21, 2019Early Childhood Australia (ECA) has congratulated the re-elected Liberal–National Coalition Government on its election success, urging Prime Minister Scott Morrison to harness his majority in the Australian Parliament to take action on reducing child poverty and educational disadvantage...
Arena REIT launches equity raise; Morgan Stanley on board
Financial Review - Sarah Thompson and Anthony Macdonald - May 21, 2019Childcare landlord Arena REIT is seeking to raise $50 million at $2.67 a share. The offer price reflects a 4.3 per cent discount to the last close and a 2.4 per cent discount to the five-day volume weighted average price, according to terms sent to fund managers on Tuesday. Morgan Stanely is sole lead manager on the ...
ASX rally: Market jumps, big banks surge on Coalition victory in federal election
Herald Sun - John Dagge - May 20, 2019The Coalition’s unexpected win has implications for a broad range of companies — from childcare to energy players — given Labor had promised to scale back tax incentives for investors, increase pay rates in some sectors and take more ambitious action on climate change...
SA employers will be relieved that there hasn’t been a change of government, Business SA says
The Advertiser - Anthony Penney - May 20, 2019And we have been spared a government prepared to legislate an exorbitant pay rise for one specific industry – albeit low paid like many others – irrespective of the rational, decision-making powers of the independent Fair Work Commission. That 20 per cent increase for childcare workers would have flowed on...
ACA National keen to work with Coalition Government to put children and families first
The Sector - Freya Lucas - May 20, 2019Australia’s peak body for private long day care services, the Australian Childcare Alliance (ACA), today extended its congratulations to Prime Minister Scott Morrison and the Coalition on their Federal election win over the weekend. ACA also commended the Australian Labor Party (ALP) for its commitment ...
The election's uncomfortable truths
Financial Review - Aaron Patrick - May 20, 2019Prosperous and aspirational, Australians no longer believe unions or governments are necessary to protect their wages. They don't believe industries should be subsidised by governments, except for perhaps defence manufacturers. They do not believe there is a childcare crisis, although they would like more sexual equality....
Tax policy is doing too little to help the squeezed middle
Financial Review - Miranda Stewart - May 20, 2019Two-earner families still face high marginal and average effective tax rates from net childcare costs and tapering of the childcare subsidy on joint income. The LNP does not propose any more support for childcare further to its 2017 childcare subsidy. It has been niggardly with early childhood investment...
ASX childcare CEOs say no need for tantrums
Financial Review - Simon Evans - May 20, 2019ASX-listed childcare operators say there won't be much downside from the Labor Party's proposed $4 billion childcare package now vanishing after the surprise election result, and it might actually help in lifting long-term returns for investors. Gary Carroll, the chief executive of G8 Education said occupancy rates were improving...
‘Can we rely on you?’: What not to say to mothers returning to work
Women's Agenda - Karen Gately - May 20, 2019Consciously or otherwise, far too many employers continue to operate under false assumptions about women returning to work. It’s incredibly common, for example, to hear women complain of being ‘grilled’ about their childcare arrangements, or the impact their need to look after children will have on their ability to be reliable ...
Think Childcare And Education Limited (TNK.AX) Placed Under the Lens
Easton Contributor - May 20, 2019Think Childcare And Education Limited (TNK.AX) shares have sparked the interest of some chartists as the Money Flow Index has dropped below 30, potentially heading for key 20 levels. The Money Flow Index is an indicator that utilizes the volume and volatility of an asset to determine the buying or selling pressure of an asset...
The Stock Market Winners and Losers From Australia's Election
Bloomberg - Tim Smith and Matthew Burgess - May 20, 2019Child Care: Childcare providers rallied on Labor’s plans to increase childcare subsidies for those on lower incomes, with families earning up to A$174,000 ($120,000) a year promised they would be able to claim a rebate. RBC Capital analyst Garry Sherriff wrote in a note last month the proposal was a net positive...
ACA is keen to work with government to put needs of Australia’s young children
Mirage News - May 19, 2019Australia’s peak body for private long day early learning services, the Australian Childcare Alliance (ACA) extends its congratulations to Prime Minister Scott Morrison and the Coalition on their federal election win. “The community engagement during the lead up to this election has shown that ..."
What the Morrison government promised to do next
The Age - Zach Hope - May 18, 2019Early childhood. The budget pledged $453 million to fund four-year-old kindergarten for another year and ensure children have access to 15 hours a week of preschool in the year before school. The Coalition has not outlined any long-term early childhood measures beyond its reforms of 2018...
