Scott Morrison's rules of engagement for childcare debates
3AW - Neil Mitchell - February 17, 2015

Social Services Minister Scott Morrison has told Neil Mitchell the childcare payment system needs an overhaul. "I've invited the Opposition to be part of that and had some good initial exchanges with (Shadow Minister for Education and Early Childhood) Kate Ellis on that and I look forward to...

Folkestone Education Trust has one eye on residential market
Sydney Morning Herald - Larry Schlesinger - February 17, 2015

Childcare centre owner, Folkestone Education Trust, has one eye on the inner city residential market, as it expands its portfolio of assets. The trust owns more than $500 million worth of childcare centres and reported half-year distributable income up 16 per cent to $13.1 million...

Evolve on track to secure 85 kindergartens by end of March, eyes more centres
Scoop.co.nz - Suze Metherell - February 17, 2015

Evolve Education Group, the listed childcare business, said it's on track to settle its acquisitions as forecast in its prospectus and is eyeing further childcare centres for purchase. In December the Auckland-based company raised $132.3 million to fund its acquisition of the Lollipops Educare...

Childcare's value is questionable
The Australian - Judith Sloan - February 17, 2015

And let us not forget that close to one-third of parents who receive childcare fee relief do not meet an activity test. That means they do not work, are not looking for work or are not studying. If it is not even a requirement to participate in the labour force to receive childcare subsidies, which is...

Parents reaping government rebates as they let childcare debts mount
The Australian - Natasha Bita - February 17, 2015

CHILDCARE centres are demanding the federal government close a loophole that allows parents to pocket taxpayer rebates despite having daycare debts. Australian Childcare Alliance president Gwynn Bridge said some parents were refusing to pay their daycare fees yet still claiming...

Childcare operator G8 Education acquires 12 centres amid profit boost
The Australian - Kylar Loussikian - February 17, 2015

CHILDCARE operator G8 Education has acquired 12 more centres, capping off a year of rapid growth that has resulted in a near doubling of its size. The new acquisitions come as the company announced a 70 per cent rise in profit to $52.7 million for the last calendar year, with the...

G8 Education profit rises 70pc but investors nervous
Financial Review - Jessica Gardner - February 17, 2015

G8 Education chair Jenny Hutson says the country's largest for-profit childcare operator will not slowits aggressive roll-up of centres, despite spending a record $468 million on 203 new centres in 2014. Ms Hutson said the $1.6 billion company's full-year result, in which net profit rose...

Small business council calls for "even playing field" on fringe benefits tax
SmartCompany - Kirsten Robb - February 16, 2015

The Council of Small Business Australia (COSBOA) is calling on the government to remove fringe benefits tax (FBT) on childcare and health services for small business employees, saying existing exemptions only favour the big end of town. The calls come just weeks before the fringe...

Extending taxpayers childcare subsidies to in-house nannies in doubt over cost
NEWS.com.au - February 16, 2015

SUPPORT for extending generous childcare subsidies to mums and dads using in-home nannies is under a cloud, with new documents revealing the federal government is in the dark about how much it would cost taxpayers. Tony Abbott has pinned his ability to deliver "good government"...

G8 Education lifts FY profit 70%
The Australian - Michelle Roddan - February 16, 2015

Child care centre operator G8 Education says the group is well placed to deal with pending changes to the child care sector proposed by the government's productivity commission, as it posted a strong lift earnings for 2014. G8 lifted its profit for the 12 months to December 31 to $52.7 million...

New Social Services Minister Scott Morrison shows his colours
Sydney Morning Herald - Judith Ireland - February 15, 2015

Social Services Minister Scott Morrison has declared he is not "wedded ideologically" to the government's controversial dole and pension budget measures and says he does not want to be "combative" in his new portfolio, a move that flags a more pragmatic approach to families...

Tony Abbott's families package explained
Sydney Morning Herald - Judith Ireland - February 15, 2015

Why is the government focused on families all of a sudden? The government actually went to the 2013 election with a childcare policy – specifically, to ask the Productivity Commission to inquire into how it could make childcare more "flexible, affordable and accessible". The commission...

Childcare is crucial to the knowledge economy
Sydney Morning Herald - Matt Wade - February 15, 2015

Not so long ago childcare hardly rated a mention on the national agenda. But in coming weeks it will take centre stage in federal politics. Tony Abbott says a revamp of the childcare system will be the focus of a "families package" he's banking on to help revive the government's fortunes...

Suncorp, Commonwealth Bank sue over loans linked to Doug Lomas, Gold Coaster who backed childcare operations CFK and Kids Campus
Courier Mail - Liam Walsh - February 15, 2015

FORMER childcare, mining-accommodation and cattle entrepreneur Doug Lomas is being chased in relation to $5.8 million in loans from Suncorp and Commonwealth Bank. The two lenders have sued Gold Coast-based Mr Lomas, a backer of former childcare operations Kids Campus and CFK...

Scott Morrison plans series of 'carrots and sticks' welfare tweaks
The Australian - David Uren - February 14, 2015

Mr Morrison said the government's childcare package was still being assembled but would be designed to maximise work incentives while ensuring that the benefits were not captured by childcare providers jacking up their prices. "You can't have the situation where people are…