Child Care News

This small cap underperformer is finally starting to win back investors
The Motley Fool - Brendon Lau - November 19, 2018

One of the most prominent fallen angels in the small cap sector is winning back the market! The G8 Education Ltd (ASX: GEM) share price jumped 0.7% to an eight-month high of $2.86 this morning as Morgan Stanley upgraded the stock to"overweight" from "equal-weight"...

They like to move it, move it: outside play helps children meet movement targets
The Sector - Freya Lucas - November 19, 2018

Preschool-aged children are twice as active, and less sedentary when outdoors compared to indoors, a US study which fitted children with GPS technology while in a childcare setting has found. During the study, children were fitted with GPS technology, and their...

Harvard research on care environments and outcomes for children
The Sector - Freya Lucas - November 19, 2018

The first results from a large-scale population-based study of young children's learning and development were released last week, exploring the types of early childhood education and care (ECEC) being used by children, and how this affects their social, emotional...

Queensland workers are being under paid by $1.2b annually
The Courier Mail - Dan Knowles - November 17, 2018

One in four Queensland workers in industries as diverse as hospitality, security, trades, child care and fruit and vegetable picking are missing out on penalty rates, being paid less than the correct hourly rate, unfairly being docked pay or being exploited through unpaid...

ACA NSW issues warning about digital sign in
The Sector - Freya Lucas - November 16, 2018

Australian Childcare Alliance (ACA) NSW have this morning issued a warning to their membership, clarifying obligations around the electronic data provision of sign in/sign out information for all children accessing subsided care under the child care subsidy (CCS) system...

Number of women in the workforce continues to increase; Unemployment at five year low
The Sector - Alysha Righter - November 16, 2018

This has important implications for the demand for early education and care (ECEC) places as working families enrol their children in centres whilst attending work. In addition, Child Care Subsidy (CCS) receipts are linked to an activity test which mandates specific activities...

'Risk off' return wipes $54 billion from ASX
Financial Review - William McInnes - November 14, 2018

G8 Education said it intended to offload up to eight loss-making childcare centres to add momentum to an improving outlook, with higher occupancy rates at its east coast centres. Its shares lifted on the back of the improved look, climbing 20.3 per cent to $2.84...

Shares in Gold Coast childcare giant G8 Education climb higher after investor update
Gold Coast Bulletin - Alister Thomson - November 16, 2018

INVESTORS and analysts had little reason to throw their toys out of the pram after an upbeat market update by childcare giant G8 Education on the Gold Coast yesterday. Shares surged after the announcement, which pointed towards improving occupancy levels in the struggling sector...

G8 Education CEO Gary Carroll vows to lift childcare game
The Australian - Damon Kitney - November 15, 2018

It's been a tough initiation to being the chief executive of a public company for Gary Carroll. A year ago, 11 months after becoming chief executive of the nation's biggest listed childcare operator, the Brisbane-based G8 Education, Carroll was riding high as its share price soared...

Defence funding seals Williamtown Preschool future
Port Stephens Examiner - Charlie Elias - November 15, 2018

Around 45 preschool families left in limbo three months ago when the Department of Defence announced it would be withdrawing funding have been offered a lifeline. The news that Williamtown Preschool would be able to keep its doors open beyond December 2018 has been described...

G8 Education to dump loss-makers as market improves
Financial Review - Simon Evans - November 15, 2018

The chief executive of Australia''s largest ASX-listed childcare centre operator, G8 Education, intends to offload up to eight loss-making childcare centres to add momentum to an improving outlook linked to better occupancy rates in the outer suburbs of Brisbane, Sydney and Melbourne...

Childcare key to ending work power plays, says Sue Morphet
The Australian - Helen Trinca - November 15, 2018

Affordable childcare would help reduce sexual harassment in the workplace, according to the newly elected president of lobby group Chief Executive Women. Sue Morphet, a non-executive director of several companies, said the government must act quickly to ensure access...

Large daycare centre on residential street to bring noise, traffic
The Daily Telegraph - Lauren Frias - Noember 14, 2018

ANOTHER development application has been lodged for a 100-place childcare centre on Shirley Road in Wollstonecraft, despite an application being withdrawn last year after facing community backlash and council disapproval. Avenues Early Learning Centres, a Queensland-based daycare...

Pilbara migration agreement could be implemented in months
The West Australian - Alicia Perera - November 14, 2018

Chronic job shortages in sectors such as hospitality, childcare and administration in the Pilbara could become easier to fill in a matter of months with the revival of a migration plan that would allow small businesses to hire foreign workers for certain roles. A Pilbara designated...

A new scheme lets you earn superannuation while you shop
Sydney Morning Herald - John Collett - November 13, 2018

Superannuation funds are trying all sorts of things to attract and retain members to their funds - including discount retail vouchers that boost your super balance every time you shop. Guild Trustee Services, which runs pharmacy fund GuildSuper and Child Care Super...