Tutoring preschool children growing in popularity
The Age - Konrad Marshall - April 1, 2014

This is tutoring for tots - or prepping for prep - in which preschool-age children learn everything from basic literacy and numeracy to how to hold a pencil. In the tutoring industry, "school readiness" programs such as these are emerging fast, spurred by parental anxiety and a...

Call for bank to finance social causes
Financial Review - Sally Rose - April 1, 2014

It urges the government to consider new ways to promote social investment in Australia, including asking the big four banks to kick in funding to open a special bank for the community sector. SVA is the group behind the successful reinvention of embattled childcare company ABC Learning as not...

Arena extends and splits loan, cuts cost
Financial Review - Robert Hartley - April 1, 2014

Arena REIT, the $245 million listed group with a portfolio of childcare and medical centres, has renegotiated its debt to cut the cost and increase the term. The term of the existing facility has been extended beyond June 2016 with part to expire in June 2017 and part in June 2019...

Childcare funding needs major overhaul, say researchers
Sydney Morning Herald - Matt Wade - March 31, 2014

Complex childcare subsidies worth billions should be streamlined and a long-term plan developed to give preschoolers universal access to high-quality childcare, a leading childcare expert says. Professor Deborah Brennan, from the University of NSW's Social Policy Research Centre, has...

States concerned preschool funding is at risk from July
Sydney Morning Herald - Gareth Hutchens, Henrietta Cook - March 31, 2014

The NSW and Victorian governments have written to the federal government seeking assurance that funding for early childhood education will continue beyond this year. Adrian Piccoli, the NSW Education Minister, and Victorian Premier Denis Napthine want to know if the Commonwealth will...

Country Road, G8 set pace
The West Australian - Sean Smith - March 31, 2014

Tightly controlled specialty retailer Country Road and fast-expanding childcare group G8 Education are set to take opening honours for 2014 as the stock- market's best performers. With just one day of the March quarter left, G8 is atop the S&P-ASX200 with a near 60 per cent rise since...

Chris Scott and his secret $170m G8 network
Financial Review - John Stensholt and Jessica Gardner - March 29, 2014

The managing director of Australia's largest for-profit childcare company, which looks after almost 30,000 children, appears to be at the centre of a network of investments worth almost $170 million, making him the biggest childcare entrepreneur since ABC Learning's Eddie Groves. An AFR...

Asian nannies one answer to childcare costs
The Age - Matt Wade - March 29, 2014

The cost of childcare has been a political bugbear for more than a decade. But a submission to a crucial government inquiry into childcare has come up with a novel solution: low-cost Asian nannies. The Indonesia Institute, a Perth-based think tank, says carers from countries such as...

Hands up who would work if they had access to cheaper childcare
The Guardian - Greg Jericho - March 28, 2014

Workforce participation can't be increased without first acknowledging the lack of accessible, affordable childcare. New data released this week by the Australian Bureau of Statistics confirms that the biggest issues keeping women out of the labour force are the cost, access and...

Billion-dollar business
The Age - Iain Gillespie - March 28, 2014

Childcare is by far the biggest expenditure for new parents. Close to 50 per cent of children aged up to four use day-care services, Dobie says. Increased demand for infant care is due to a surge in the number of working parents, and childcare revenue is expected to reach more than $6.6 billion...

Unions seek $27 lift in minimum wage
Financial Review - Joanna Mather and Mathew Dunckley - March 28, 2014

Mr Oliver said the increase was reasonable and affordable and would amount to a 71c raise for 750,000 of the nation's lowest-paid workers, included cleaners, retail and hospitality staff, childcare workers, farm labourers and factory workers. "The minimum wage is now just 43.3 per cent of...

Broker Watch - G8 Education (GEM)
Financial Review - Elise Shaw - March 28, 2014

Deutsche Bank maintained its "buy" on G8 Education and increased its 12-month price target from $5.20 a share to $6.20 a share. Childcare operator G8 Education announced this week it is buying 91 centres from Sterling Early Education for $228 million, just a week after Sterling's float was...

Families seek a Poppins touch
The Age - Carolyn Boyd - March 28, 2014

Nannies are in demand as loving carers, writes Carolyn Boyd. The best thing about being a nanny, says Phoebe Pownall, is rediscovering the world all over again. "Every day is just such a positive interaction," says Pownall, who has been a professional nanny for six years and has a degree in...

Creche course for parents
The Age - Carolyn Boyd - March 28, 2014

Planning is the key to balancing childcare with work and other duties, writes Carolyn Boyd. Parents wondering how they will juggle childcare and work should rest assured - it isn't always easy but it can be done, and you shouldn't feel guilty when things occasionally go astray. Nesha O'Neil...

Why feminists should support childcare deregulation
The Drum - Trisha Jha - March 27, 2014

We can't keep hoping that higher subsidies will cancel out the rising cost of childcare red tape - that's why we should support deregulation in the name of gender equity, writes Trisha Jha. It used to be petrol prices and housing affordability, but the new 'BBQ stopper' occupying the minds and...