Child Care News
Supply of childcare centres on the rise again, while asset yields remain sharp
Financial Review - Su-Lin Tan - November 7, 2018The number of childcare centres is on the rise again, a condition which may suppress the value of childcare operators and properties if demand does not catch up, experts say. After a short equilibrium late last year following a steep rise in childcare centres since 2014, 92 daycare centres...
Strathfield childcare centre plans sparks 200-strong petition from residents
Inner West Courier Inner City - David Barwell - November 7, 2018A PLAN to build an 85 space childcare centre in a residential street in Strathfield has turned into the suburb's most controversial development proposal. More than 200 residents have signed a petition opposing plans by childcare operator Little Zak's Academy to open a $2.1 million facility...
Childcare landlord Arena is a takeover target: Macquarie
Financial Review - Nick Lenaghan - November 7, 2018Childcare landlord Arena REIT is shaping as a potential takeover target, softened up by recent weaker sentiment in the sector. Analysts at Macquarie - who have an outperform on the stock - have nominated powerful funds manager Charter Hall as a likely suitor in the event...
More strategic research needed to prepare preschoolers for their future
ABC News - Lexi Metherell - November 6, 2018The workforce that the preschoolers of today will enter is expected to be vastly different from that of their parents, and it's become fashionable to say that so-called soft skills like teamwork and problem solving ability will be important for them to succeed. But the first review...
Dubbo TAFE students have an
Daily Liberal - Craig Thomson - November 6, 2018Dubbo TAFE students Caterina Buttarelli and Hannah Bass are ready to put their experiences from a once-in-a-lifetime study tour to China into practice. The Dubbo students were amongst nine early childhood education and care students from across the Central West who travelled...
Thousands of Canberra children could receive free preschool
The Canberra Times - Andrew Brown - November 4, 2018A new program proposed by federal Labor if it wins government at the next election would see thousands of three and four year olds like Charli-Rose access preschool for free. Internal figures show an estimated 12,500 three and four year olds in the ACT would be able to access...
Pru Goward encourages Goulburn preschools to apply
Goulburn Post - November 4, 2018Goulburn electorate preschools can now apply for a share of a $10 million investment to improve their services. The funding is part of the NSW Government''s Quality Learning Environments program, aimed at improving the physical environment of community preschools...
Why the RBA and politicians are pulling in different directions on prices
Financial Review - John Kehoe - November 2, 2018There may be another unintended consequence of the higher means-tested childcare subsidy. Millions of workers and pensioners will miss out on hundreds of dollars in pay rises because of the weaker inflation. The average full-time worker who has their wages linked to inflation...
Fair Work Commission will meet to review award
The Sector - Freya Lucas - November 2, 2018A four yearly review of the Children's Services Award 2010 will take place in Sydney next week, 9 November 2018, on the back of substantive issues in relation to the award as raised in Mentions held 22 October 2018, to vary the Children's Services Award. There was general...
Tax and spend gets us nowhere
The Australian - Simon Cowan - November 2, 2018Investigating the efficiency of large-scale government spending, such as schools funding or childcare, shows numerous examples of waste or programs lacking the evidence to support them. Yet every big pocket of government money spawns advocacy groups and vested interests...
Childcare subsidy a boost for parents' pockets
Herald Sun - Rob Harris - November 2, 2018OUT-of-pocket childcare costs for Victorian parents have dropped almost 20 per cent in just four months, following the introduction of the new subsidy scheme. The Australian Bureau of Statistics consumer price index found childcare costs had on average dropped 11.8 per cent for parents...
The "new age" childcare centre making waves in architecture
Architecture & Design - November 1, 2018To achieve this in the Queensland centre, in-depth research analysis of site plans and use of space was undertaken from existing Reggio Emilia education centres across the world. This was paired with research from early childhood experts who looked at behavioural development from...
Gold Coast 'Containers for change' launch bungled on day one
Gold Coast Bulletin - Kirstin Payne - November 1, 2018THE first day of the State Government's container recycling scheme on the Gold Coast has been an embarrassing flop, with budding recyclers finding themselves at vacant lots, childcare centres or without a drop-off zone altogether...
Plunging childcare costs drive inflation lower
Financial Review - Patrick Commins - October 31, 2018A more than 10 per cent fall in childcare costs pushed inflation lower over the September quarter, a boon to households that nonetheless still face relatively rapid increases in prices for essential goods and services. The Australian Bureau of Statistics' consumer price index lifted...
Regional correction: small investors facing losses on service stations, childcare and shops
Financial Review - Larry Schlesinger - October 31, 2018The weakening performance of regional childcare investments, which have also been hit by oversupply fears, has been clearly seen in the poor clearance rates achieved for these assets at portfolio auctions conducted by agents Burgess Rawson. In September just one out of...
