PEP's Koczkar swaps private equity for social finance
Financial Review - Marianna Papadakis - February 14, 2014

Rob Koczkar, the former managing director of Pacific Equity Partners, is turning his back on private equity to head up non-profit social investment organisation Social Ventures Australia. Mr Koczkar spent 15 years at ­Australia’s largest private equity firm before leaving a year ago to pursue...

Bill to to allow childcare centres to reject unvaccinated children defeated
Brisbane Times - Amy Remeikis - February 14, 2014

Everytime Chief Health Office Jeanette Young fronts the media to talk about a disease outbreak, Opposition MP Jo-Ann Miller will see LNP blue. Ms Miller's bill to keep unvaccinated children out of child care was, as predicted, defeated in parliament this week. The parliamentary committee...

Woodside Commits $20M to Early Childhood Development
Pro Bono - February 13, 2014

Australia's largest oil and gas company, Woodside, has announced it will contribute up to $20 million over 10 years to support programs and Not for Profit organisations that focus on early childhood development. Launching the company's new social investment initiative, The Woodside...

Action needed on Qld vaccination rates: MP
Nine News - February 13, 2014

The Queensland government is risking deadly disease epidemics by not excluding unvaccinated children from child care centres, a Palmer party MP says. The Liberal National Party on Wednesday night rejected an opposition bill that would have allowed child care providers to ban children...

It's time to make childcare tax deductible
Women's Agenda - Robert Jeremenko - February 13, 2014

There is much debate on the topic of how to ensure women who wish to go back to work are able to do so without significant hardship or difficulty. Such debate often includes discussion on how to eradicate positive financial incentives for women to stay out of the workforce. It's here that the...

Boy, 4, escapes childcare centre
7News Melbourne - Jacqueline Felgate - February 12, 2014

Security cameras have captured the moment a four-year-old boy escaped from a Melbourne childcare centre and was left to wander unsupervised into a car park. In the video, obtained exclusively by 7News, Mohammad Al-Lakkiss can be seen running through Oak Park Children's...

State rejects no-immunisation, no-childcare plan
The Age - Kate Hagan - February 12, 2014

Health Minister David Davis has rejected an opposition plan to allow childcare centres to turn away children who are not fully immunised, saying educating parents is the key to lifting coverage rates. If re-elected in November, Mr Davis said, the government would set a target for 95 per cent of...

G8 Education has 'significant opportunities': CIMB
Financial Review - Sarah Thompson - February 11, 2014

G8 Education may have just added 63 childcare centres to its portfolio of now nearly 300 centres but its domestic market share is still only 4.7 per cent. It's a good thing, according to CIMB, which has retained its "add" recommendation on the stock, citing "significant opportunities". It was well...

Too few early childhood services: SNAICC
SBS News - George Moore - February 11, 2014

A key childcare body is meeting politicians and service providers to discuss the role and funding future of Aboriginal and Torres Strait Islander early childhood services across Australia. The Secretariat of National Aboriginal and Islander Child Care says there are far too few of these...

Rebates are vital to keep women working
Herald Sun - Susie O'Brien - February 11, 2014

ACCORDING to Treasurer Joe Hockey, it's time for Australians to take personal responsibility and end of the "age of entitlement". But he needs to keep his hands off childcare rebates, which are a necessity and not a luxury for most hardworking parents. Sure, parents should take responsibility...

Affinity races to integrate centres under single cloud
Financial Review - Paul Smith - February 11, 2014

Newly listed childcare group Affinity Education has embarked on a make or break nine-week tech program to pull together its 57 recently acquired centres on to a single cloud-computing platform. The company's chief financial officer, John Bairstow, said the time-compressed project was a...

G8 Education spends $105m on 63 new centres
Financial Review - Jessica Gardner - February 10, 2014

G8 Education chairwoman Jenny Hutson says the childcare operator has the right team in place to ensure its fast growth will not derail the company's stellar run, following news of a $105 million deal to buy 63 new centres. Ms Hutson said the expansion, announced on Monday, is the company's...

G8 Education boosts centre portfolio
Finaince News Network - February 10, 2014

G8 Education Limited (ASX:GEM) has inked contracts to buy 63 Australian childcare and education centres for about $105 million from various vendors. Following the acquisitions the provider of developmental and educational child care services will be operating 296 Australian centres...

Early childhood education under qualifications threat
The Age - February 10, 2014

In December last year there was considerable media attention around the Federal Government's redirection of Early Childhood Quality Fund allocations for pay increases for child care workers to professional development. This is really only the tip of the iceberg and there are more insidious...

Childcare sector is fertile, but fragmented
Financial Review - Jessica Gardner - February 10, 2014

Investors are keeping a close watch on the growth strategies of for profit childcare networks. While the 2008 collapse of ABC Learning is not yet a distant memory, corporate players argue there is still plenty of room for sustainable expansion. The sector is proving fertile ground for investors...