Why I Bought G8 Education (GEM) Shares
RaskMedia - Anthony Vilella - September 20, 2019
In my opinion, G8 Education is successfully leveraging the large economic tailwinds of today’s society. Childcare growth is potentially driven by the increasing pressure on family budgets, which has resulted in both parents having to work, often multiple jobs, to cover the increasing costs...
Childcare centres raise concerns about air quality in Fyshwick
RiotACT - John Thistleon - September 20, 2019
Childcare centres in Fyshwick and surrounding suburbs, as well as Old Narrabundah Community Council, say more research is needed before three scrap metal processing machines are allowed in a new development in their neighbourhood. Childcare operators say Fyshwick is ideal...
Lenders in new push to clamp down on borrowers' hidden debt
Australian Financial Review - Duncan Hughes - September 19, 2019
Applicants for loans, or top-ups, will also be asked to explain any differences between school and other childcare expenses, and what is on their declared expenses. It is the latest push by lenders attempting to flush out undisclosed debt or future liabilities the borrower could be...
Doctors report increase in gastro illnesses with dozens of outbreaks in child care and nursing homes
The Courier Mail QLD News - Janelle Miles - September 19, 2019
“We’re seeing a significant increase in gastroenteritis cases in the community and this is reflected in increased outbreaks in childcare centres and residential care facilities, which have the potential to spill over to hospital,” public health physician Madhumati Chatterji said. “We’re working closely...
Singapore's MindChamps shakes up Australian childcare
Australian Financial Review - Simon Evans - September 19, 2019
The chief executive of Singapore-listed childcare group MindChamps Pre-School Ltd aims to have 100 centres operating within three years in Australia in a national network across all capital cities. David Chiem said parents were voting with their feet and gravitating to centres with high-quality curriculums...
Making child care easier for families
Mirage News - September 18, 2019
The Morrison Government is cutting red tape to make it easier for families to use the Child Care Subsidy. In the December quarter, the Government provided $1.96 billion through the subsidy to assist more than 900,000 families access child care. Minister for Education Dan Tehan today...
New plan for child care
Whyalla News - Louis Mayfield - September 18, 2019
The Whyalla City Council will be implementing a new business plan that addresses 'cost neutral' models, maximises the child care subsidy, and potentially increases fees at the Whyalla Child Care Centre following a recent review. The centre's present business model involves...
New research learns about language in the ECEC classroom from a child’s perspective
The Sector - Freya Lucas - September 18, 2019
A recent US study, published in PLOS ONE has explored the linguistic environment of preschool children, seeking to learn more about how children are exposed to language in their classrooms. Researchers found that although children may be in the same room, each child in the...
$150m childcare centre portfolio pitched at investors
Australian Financial Review - Larry Schlesinger - September 18, 2019
Powerhouse childcare couple Mike Wu and Shan Kuo have put a national portfolio of seven centres up for grabs with hopes of securing more than $150 million in a sale-and-leaseback offering. The portfolio comprises four Brisbane childcare centres, two in Melbourne and one in Sydney...
NSW university, high school and childcare centre in lockdown after threatening phone call
Yahoo News - Olivia Lambert - September 17, 2019
A university, high school and childcare centre were in lockdown after Southern Cross University received a threatening phone call. Police were called to the university in Lismore, in northeastern NSW, after initial reports of a gunman on campus. A woman at a daycare centre...
Mosman parents urged to rally to save childcare
The Daily Telegraph - Andrea McCullagh, Mosman Daily - September 17, 2019
Parents are being urged to make one last push to save Mosman Occasional Child Care. The Allan Border Oval Pavilion redevelopment will be considered by the Mosman Local Planning Panel tomorrow. The matter will then be reported to the next council meeting...
Commercial property yields at Sydney auction hit residential levels
Australian Financial Review - Bo Seo - September 17, 2019
A G8 Education childcare centre at 10-12 Broadbent Avenue in south-west Sydney's Middleton Grange also sold at a low net yield of 3.85 per cent, at a price of just over $3 million. The firm's associate director Tom Doran said low interest rates had drawn out conservative investors...
46 public schools and preschools across SA to close an hour early this week as rolling stoppages continue
The Advertiser - Tim Williams - September 16, 2019
About 50 schools and preschools will shut down an hour early this week as teachers locked in an industrial battle with the State Government continue their rolling stoppages. The Australian Education Union’s action will be concentrated in Adelaide’s western and eastern suburbs...
Marc Besen growing his eclectic collection of investments
Australian Business Review - John Stensholt - September 16, 2019
His shareholdings include the small childcare centre owner Mayfield Childcare, which has market capitalisation of about $31 million. Shares in Mayfield are up about 13 per cent since January 1. Mayfield has a portfolio of 21 childcare centres around Victoria and made a pre-tax profit...
Penrith childcare centres meeting the standard
The Daily Telegraph - Daniel Stringer, Penrith Press - September 16, 2019
Almost a third of childcare centres in the Penrith and Blue Mountains areas have fallen short of the national standards. A recent report from the Australian Children’s Education and Care Quality Authority shows 37 childcare service providers in the Penrith and Blue Mountains...
Insider Buying: Think Childcare Ltd (ASX:TNK) Insider Acquires 47,952 Shares of Stock
Mayfield Recorder - Clark Linder - September 15, 2019
Think Childcare Ltd (ASX:TNK) insider Mathew Edwards purchased 47,952 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was acquired at an average cost of A$1.16 ($0.82) per share, with a total value of A$55,384.56 ($39,279.83).
'Software never has a day off sick': fears teachers could be replaced by robots
The Sydney Morning Herald - Pallavi Singhal - September 15, 2019
In 10 years, teachers could become child-minders rather than skilled educators as technology takes over personalised teaching, task-setting and marking in the classroom. "We'll always need schools for reasons of childcare ... the worry is not that teachers are going to be replaced but..."
Perth’s Marjorie Mann Lawley Daycare Centre exceeding standards after 50 years
The West Australian - Rhianna Mitchell - September 14, 2019
When Marjorie Mann opened up her home in 1969, her centre was the first in Perth to care for kids under two. It allowed single mums to return to the workforce and she was inundated with families. The childcare industry has changed dramatically in 50 years but the Centre remains...
Pay, societal views factors preventing men from working in teaching and aged care roles
ABC News - Alina Eacott - September 14, 2019
When Brett Gent began working as a primary school teacher, he was an extremely rare commodity. And when he moved into the kindergarten sector it was not any better. "The school that I worked at when I first graduated as a Year Two teacher, I was the first male to be in the building for ..."
100 Sydney childcare centres are scamming $750 million
Yahoo Finance - Tony Yoo - September 13, 2019
NSW Police, as it arrested a group of Sydney mothers on Thursday for an alleged childcare fraud ring, warned the problem is widespread. While this particular syndicate is alleged to have claimed $3.9 million fraudulently, acting assistant commissioner Stuart Smith said the same scam is also...
Canterbury Bankstown childcare centres rated best and worst
The Daily Telegraph - Lawrence Machado, Canterbury-Bankstown Express - September 13, 2019
Bankstown’s Uniting Dove Cottage Early Learning says their focus on putting children first is the main reason they have been highly rated by the Australian Children’s Education and Care Quality Authority. Director Mele Lutui said they are delighted with the high rating which she put down to...
Melbourne school stings late parents with fines for after-school pick-ups
Herald Sun - Claire Heaney - September 13, 2019
A Melbourne school is threatening to fine families $10 per child for every 15 minutes children are left unsupervised after the final bell. Al Siraat College, in Epping ,said if parents did not want to register for after school care they would face fines and be billed if children weren’t collected...
The ripple effect of toxic leadership in education settings: New analysis from USyd
The Sector - Freya Lucas - September 13, 2019
New analysis conducted by leading Australian education experts, including those from the University of Sydney (USyd) has explored the dark side of leadership in school based systems. With many early childhood education and care (ECEC) settings being associated with school systems...
2019 Excellence in Early Childhood Education Awards finalists announced
The Sector - Freya Lucas - September 13, 2019
A number of individuals and services have been selected as Finalists for the 2019 Excellence in Early Childhood Education Awards, presented by Australian Childcare Alliance New South Wales (ACA NSW). “The entries feature an extraordinary list of activities, programs and service providers ..."
Why the Child Care Subsidy is failing parents
The Courier Mail - Dr Fiona Mueller - September 12, 2019
Taxpayers will subsidise child care for over 800,000 Australian families to the tune of $8 billion per year in 2019-2020, and the costs keep climbing. Parents’ out-of-pocket costs for long day care and other formal care grew by 50% between 2011 and 2017. But despite this massive investment...
Cracking down on criminals who rort system
Mirage News - September 12, 2019
The Morrison Government continues to crack down on criminals who try to rip off the taxpayer. The Dept of Education Child Care Fraud Investigations Team continues to work with NSW Police and the Australian Criminal Intelligence Commission to target organised crime in the family day care sector...
Gastro warning from health authority after outbreak levels deemed 'high'
Central Western Daily - Nadine Morton - September 12, 2019
Gastro outbreaks at childcare centres and schools across region have prompted an alert to be issued by health authorities. "A high number of children aged under five seeking treatment for the highly-contagious infection," the Western NSW Public Health Unit said...
Aussie kids falling behind in preschool education, OECD report reveals
Education HQ Australia - Geordle Little - September 11, 2019
Just 67 per cent of three-year-old children in Australia were enrolled in early childhood education in 2017, 12 percentage points below the OECD average and well behind countries such as Israel, the United Kingdom and France, all of which have a three-year-old enrolment rate of 100%...
Mothers arrested in raids over allegedly fraudulent family day-care scheme
Sydney Morning Herald - Lucy Cormack - September 12, 2019
Mothers who allegedly gave their children's identities to be used in a $4 million childcare fraud syndicate were arrested in a police operation across south-west Sydney on Thursday. More than 10 women were targeted in the early morning raids for facilitating the operations of Red Roses Family Day Care...
Pushing the limit: The Sydney school that has topped 2000 students
The Sydney Morning Herald - Nick Bonyhady, Sarah Keoghan and Ben Weir
Chiang Lim from the Childcare Alliance said many centres have had to start offering new services as parents become more discerning. "You are not seeing the competition on a price level, you are seeing the competition on everything other than price, be in the location, the feel of the place and the staff,"...
