Child Care News

Is There Now An Opportunity In Mayfield Childcare Limited (ASX:MFD)?
Yahoo Finance - Simply Wall St - April 4, 2021

Mayfield Childcare Limited (ASX:MFD), is not the largest company out there, but it saw significant share price movement during recent months on the ASX, rising to highs of AU$0.97 and falling to the lows of AU$0.86. Some share price movements can give investors a better opportunity ...

Investors snap up $140m of high yielding bricks and mortar assets
The Sydney Morning Herald - Carolyn Cummins - April 3, 2021

Investors have splashed $140 million on an array of long-leased assets that provide higher yields, stable income and long-term tenants in the current low-interest rates environment. These included childcare centres, service stations and a sire leased to betting agency Tabcorp ...

Doreen Childcare
The Age - Nicole Lindsay - April 3, 2021

Procon Developments has sold a Doreen childcare centre for $7.37 million on a sharp 4.9 per cent yield. CBRE agent Sandro Peluso, who handled the transaction with Josh Twelftree, Jimmy Tat and Marcello Caspani-Muto, sold it via a boardroom auction with five bidders last week ...

Burgess Rawson auction sees strong demand with new record yields achieved in WA
The Sector - Jason Roberts - April 2, 2021

Burgess Rawson, the early childhood education and care (ECEC) focused real estate and business broker, has completed its second portfolio auction of 2021 in which six centres were offered for sale, all of which found buyers with the Sparrow Early Learning Centre in Quinns Rock...

Australia has fallen way behind on the Global Gender Gap ranking
Women's Agenda - Madeline Hislop - April 1, 2021

Australia has once again slipped backwards on the Global Gender Gap Index, with the World Economic Forum ranking Australia at number 50 out of 156 countries. Senator Waters said we need immediate action ...“ The government needs to ... make early childhood education free ...

Alicia Payne MP floats hope for free or cheap childcare
Canberra Weekly - Rosa Ritchie - April 1, 2021

Labor MP Alicia Payne, Member for Canberra, spoke out about the need for affordable childcare at the renaming of a Community Services #1 preschool in Narrabundah today, 1 April. “It’s critical that parents can afford to access early childhood education and care,” she said. “In Canberra ...

AEIOU: Canberra’s first early-learning autism hub
Canberra Weekly - Newstate Media - April 1, 2021

Specialising in autism-specific early intervention programs for children aged two to six, AEIOU Foundation is set to open its first centre in the Canberra Region this July. AEIOU’s Canberra Region Centre is made possible due a partnership with the John James Foundation, which is ...

MindChamps PreSchool (SGX:CNE) Is Carrying A Fair Bit Of Debt
Simply Wall St - April 1, 2021

MindChamps PreSchool Limited (SGX:CNE) does carry debt. But is this debt a concern to shareholders? As you can see below, MindChamps PreSchool had S$39.2m of debt at December 2020, down from S$41.3m a year prior. However, it does have S$11.3m in cash offsetting this ...

G8 Education celebrates trainee success with awards and surprises
The Sector - Freya Lucas - April 1, 2021

G8 Education CEO Gary Carroll recently made a surprise visit to Hannah Jordan, Lead Educator at The Learning Sanctuary Mary St, to congratulate her on winning the Diploma category in the G8 Trainee of the Year Award. The Awards, which feature both a Certificate III ...

ACER author Coral Campbell speaks with The Sector about the value of STEM in ECEC
The Sector - Freya Lucas - April 1, 2021

The Sector recently spoke with author and academic, Coral Campbell, about the value of STEM in early childhood education and care (ECEC), and her perspectives on weaving STEM into everyday learning. Ms Campbell’s conversation comes about as the result of a recent (ACER) publication...

Time to shine for alternative real estate: Goldman Sachs
Financial Review - Nick Leneghan - April 1, 2021

Alternative real estate – ranging from data centres, to healthcare, childcare, residential rental and storage facilities – is heavily under-represented in Australia’s listed property sector, a shortfall drawing increasing interest from major investors, says Adrian Sheldon, Goldman Sachs...

Reserves smashed: Investors spend $109m on pubs, childcare and fuel
Financial Review - Larry Schlesinger - March 31, 2021

High net worth investors splashed out $109 million in a couple of hours on pubs, childcare centres and service stations at a sold-out commercial property auction in Melbourne that highlights the depth of appetite for long-leased assets amid record low interest rates..

Evolve Education taps two brokers for raising
Financial Review - Sarah Thompson, Anthony Macdonald and Tim Boyd - March 31, 2021

ASX-listed childcare operator Evolve Education Group is restocking its acquisition kitty. The company was looking for $21.7 million in fresh capital on Wednesday morning, with help from Canaccord Genuity and Petra Capital. Shares in the placement were being offered to funds at ...

Budget ‘can’t be seen through gender lens’, says Jane Hume
The Australian - Patrick Commins - March 30, 2021

While she did not pre-empt what would be in the budget, Senator Hume left open the prospect for measures which “better target” childcare subsidies. “If there is an opportunity to recalibrate that (childcare support), to make sure it is better targeted (and) women are encouraged to ...

Five-year-old boy left on school bus found walking alone 10km from home
SBS News - Peta Doherty - March 30, 2021

The parents of a five-year-old boy who was left behind on a Coober Pedy school bus last week say better procedures are needed to safeguard against potential tragedies. The family said the driver of the Coober Pedy Area School bus that Thinula Rayon Hettiarachchi got on last Wednesday ...