Child Care News

Urgent talks to help CFK Childcare
The Australian - Samantha Maiden - November 19, 2008

URGENT government talks are under way with CFK Childcare, the second major chain to collapse this month, but there are no guarantees of a bailout to keep...

Second child-care company sinks into mire
The Age - Colin Kruger and Vanda Carson - November 19, 2008

THE crisis in the child-care sector deepened last night after a second chain fell into the hands of administrators, succumbing to similar problems as those...

ABC Learning's debt revealed as rival CFK Childcare Centres collapses
The Australian - Natasha Bita - November 19, 2008

And now dozens more childcare centres are facing closure after the domino-like collapse of a rival company. CFK Childcare Centres, which runs 43 creches in NSW...

Child care wrecking easy as ... ABC Learning
Melbourne Herald Sun - Susie O'Brien - November 19, 2008

For a start, not enough people were listening to warnings that there was no place for corporate giants in the childcare sector...

Greens host childcare summit
The Australian - November 19, 2008

CHILDCARE providers in South Australia will get to have their say about the future of the sector at meeting today...

Potential lawsuit from ABC Learning ally looms
Melbourne Herald Sun - Liam Walsh - November 19, 2008

MORGAN Stanley, one of ABC Learning Centres' most recent investment allies, has turned against the childcare giant. A creditors meeting in Brisbane...

Families need quality, affordable child care
The Age - Catherine Deveny - November 19, 2008

The term child care needs to be qualified. There are different types and different amounts. Good-quality child care is what we're after...

ABC link spells end for CFK Childcare
Sydney Morning Herald - November 18, 2008

The operator of 43 child-care centres in NSW, CFK Childcare Centres, has gone into voluntary administration due to a failed asset sell-off to ABC Learning ...

ABC Learning's future known in a week
NEWS.com.au - Evan Schwarten and Lea Emery - November 18, 2008

PARENTS with children at ABC Learning centres should know within a week whether the company plans to close centres from next year...

ABC Learning in race against time
Sydney Morning Herald - Colin Kruger - November 18, 2008

The receivers of ABC Learning have vowed to keep the failed child-care giant alive, in a race against time as more parents pull their children out of ABC centres...

ABC Learning owes 2000 creditors almost $1.67bn
The Australian - Natasha Bita - November 18, 2008

Banks are owed $955 million, plus $600 million in convertible notes, and ABC's 1600 childcare workers are owed $31 million in holiday pay and long-service leave. Other unsecured creditors...

ABC Learning centres 'can't be closed overnight'
NEWS.com.au - November 18, 2008

DEPUTY Prime Minister Julia Gillard has accused the owner of 15 ABC Learning centres of scaremongering, after he threatened to shut the facilities down before Christmas...

Office workers caring for ABC kids
The Australian - Natasha Bita - November 18, 2008

ABC Learning has admitted clerical staff are caring for children, as the owner of 15 of the collapsed childcare giant's centres threatens to shut them down...

Families deserve a simpler method
The Australian - Jessica Brown - November 18, 2008

FINANCE Minister Lindsay Tanner's recent signals that taxpayer-funded parental leave may be left out of next year's budget because of the financial crisis will be a blow to...

ABC Learning's administrator to address creditors
ABC Online - November 18, 2008

The administrator of the ABC Learning Group will address creditors for the first time today. Representatives from Ferrier Hodgson will advise the meeting in Brisbane...