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Childcare costs and Covid: A report into the financial fallout for families as free daycare ends

mozo.com.au - Olivia Gee - August 14, 2020

The average weekly cost of a child attending daycare is $246 for 24.8 hours, according to the most recent data from the Department of Education, Skills and Employment. Based on the average Australian family size, Mozo has calculated that across the 13 weeks of free childcare...

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Tehan announces supports for vulnerable and disadvantaged children during COVID-19

The Sector - Freya Lucas - August 14, 2020

Federal Minister for Education, Dan Tehan, has announced that the Federal government will provide an additional $5.2 million to help vulnerable and disadvantaged children during COVID-19, with a focus on inclusivity and dealing with mental health during and post the pandemic...

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Evolve Group Annual Report for FY 31 March 2020

Financial Review - August 14, 2020

Evolve Education Group Annual Report 2020...

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Coronavirus: Childcare key if remote, flexible working isn’t ‘a one-off wonder’

The Australian Business Review - Helen Trinca - August 13, 2020

COVID-19 has legitimised flexible and remote work but affordable childcare is vital if we are to get the economy back up to speed, ­according to the president of Chief Executive Women, Sue Morphet. She said the “silver lining” of the pandemic was that people now knew working from home...

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Quality childcare can help rebuild our economy

The Australian - Fiona Stanley and Richard Denniss - August 13, 2020

According to the Australian Bureau of Statistics, every $1m spent on childcare creates about 9.2 jobs, while every $1m spent on construction creates just one. It is clear the best way to grow the economy out of this recession is to help new parents re-enter the workforce as soon as they’d like...

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Parents say they have not heard from health officials 12 days after Victorian childcare Covid-19 outbreak

The Guardian - Josh Taylor - August 13, 2020

More than a week and a half since a Covid-19 outbreak that has led to 15 cases at a Victorian childcare centre, parents say they are still waiting to be contacted by health officials. On 2 August, the management at Bluebird early education centre in South Morang alerted parents that ...

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Childcare centre landlord prospers despite pandemic

Financial Review - Nick Lenaghan - August 13, 2020

Childcare centre landlord Arena REIT has weathered the challenges of the pandemic to deliver a 4% increase in distributions for its 2020 fiscal year, after the federal government stepped in to support the sector. Managing director Rob de Vos noted the "strong government response" ...

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Is Now The Time To Look At Buying Mayfield Childcare Limited (ASX:MFD)?

Yahoo News - Simply Wall St - August 13, 2020

Mayfield Childcare Limited (ASX:MFD), might not be a large cap stock, but it received a lot of attention from a substantial price movement on the ASX over the last few months, increasing to AU$0.81 at one point, and dropping to the lows of AU$0.66. Some share price movements ...

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UOW's Early Start provides new support for early learning at home

Illawarra Mercury - Agron Latifi - August 13, 2020

Early home learning has always been important, especially for the University of Wollongong's Early Start regional and remote communities. Early Start's Professor Marc de Rosnay reckons it has now become relevant to virtually everyone in the "context of the COVID-19 world"...

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Coronavirus in Ballarat: Lucas kinder closed for deep clean after child tests positive for COVID-19

The Courier - Michelle Smith - August 12, 2020

The YMCA Lucas Kindergarten has been closed after a child attending the centre tested positive for COVID-19. Parents and carers received a text message late Tuesday stating the kinder would be closed for sessions on Wednesday, and received a follow-up email...

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Last chance to stop Kenmore childcare centre

The Courier Mail - Brendan O'Malley - August 12, 2020

Kenmore residents have only a week left to raise their voices about a proposed childcare centre which some say will worsen the already diabolic Kenmore roundabout. Capital Transactions Pty Ltd announced the plan in March, about the time Council and the Federal Government...

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Government announces additional support for regional, rural and remote ECEC

The Sector - Freya Lucas - August 12, 2020

An additional $6.1 million has been provided to support the viability of 84 childcare services in regional, rural and remote communities, Federal Minister for Education Dan Tehan announced this morning. “Families that live in regional, rural and remote communities...

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Goodstart welcomes Grattan report, saying ECEC affordability issues could handbrake economy

The Sector - Freya Lucas - August 12, 2020

Australia’s childcare funding needs reform to make it more affordable for Australian families, Goodstart Early Learning’s Head of Advocacy John Cherry has said, adding that a failure to address affordability issues “could be acting as a handbrake on our economic recovery”...

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Potential Upside For Mayfield Childcare Limited (ASX:MFD) Not Without Risk

Simply Wall St - August 12, 2020

With a price-to-earnings (or “P/E”) ratio of 6.2x Mayfield Childcare Limited (ASX:MFD) may be sending very bullish signals at the moment, given that almost half of all companies in Australia have P/E ratios greater than 16x and even P/E’s higher than 31x are not unusual. Nonetheless...

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Childcare assets up as retail suffers for investors

Brisbane Times - Carolyn Cummins - August 12, 2020

Australia’s largest real estate investment trust has withstood the full ravages of the pandemic with the support of the government in helping to keep childcare centres operating for the past few months. Charter Hall Social Infrastructure REIT reported a statutory profit of $85.9 million...

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Charter Hall fund aspires to higher ed earning

Financial Review - Nick Lenaghan - August 11, 2020

The Charter Hall Social Infrastructure REIT will be alive to any real estate opportunities that may emerge in the higher education sector as universities' balance sheets come under pressure from the decline in foreign students. While the listed landlord – Charter Hall took over its running...

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New childcare centre, housing project approved by Brisbane City Council

The Courier Mail - Brayden Heslehurst, Wynnum Herald - August 11, 2020

Brisbane bayside’s reputation as a development hot spot continues to grow with two new projects. A flashy, new childcare centre in Wynnum and a 31-block housing project in Wynnum West are the latest proposals to be approved and set to start construction in the coming months...

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Working women, affordable childcare key to economic recovery: report

Mirage - August 11, 2020

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says a new report by the Grattan Institute makes a clear economic case for affordable childcare. “Cheaper childcare: a practical plan to boost female workforce participation” estimates an overhaul of ...

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Child welfare groups call for permanent boost to Centrelink payments

InDaily - August 11, 2020

The 19 organisations from across Australia argue many more children are likely to be living in households reliant on government support due to the economic fallout from coronavirus. They have written to the prime minister warning financial stress can have a devastating...

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Latest Victorian update confirms extra Kinder cleaning money, SRF and more

The Sector - Freya Lucas - August 11, 2020

Susan McDonald, the Acting Deputy Secretary Early Childhood Education in Victoria, has released further information via email to support early childhood education and care services to navigate Stage 3 and 4 restrictions in the state, which ... have “presented some significant...

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Access to justice in Victoria limited by childcare restrictions

Mirage - August 11, 2020

Injured Victorians may not be able to have their cases heard because of rules that prevent lawyers and barristers in Victoria from accessing childcare despite being able to run trials remotely. “It does not make sense that, although the courts will continue to operate remotely, barristers ...

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Charter Hall FY20 Results Presentation

Australian Financial Review - August 11, 2020

Charter Hall Social Infrastructure REIT 2020 Full Year Results.

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Chart Hall FY20 Results Announcement

Australian Financial Review - August 11, 2020

Charter Hall Social Infrastructure REIT 2020 Full Year Results.

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Dozens of women-led businesses demand urgent childcare reform

Women's Agenda - Georgie Dent - August 11, 2020

A group of predominately women-led businesses are spearheading an urgent campaign calling on the Government to make early childhood education and care free. The Make It Free campaign was borne from the frustration and disbelief a number of female entrepreneurs experienced...

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Susie O’Brien: Childcare permit mess is kindergarten stuff

Herald Sun - Susie O'Brien - August 10, 2020

Hey kids, I want to read you a book. It’s called Daniel Andrews and the Terrible, Horrible, No Good, Very Bad Childcare Policy. It’s a horror story. The chaos in childcare this week reveals the dangerous vacuum inside the state government. Premier Daniel Andrews wears his North Face jacket ...

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Childcare chaos continues as staff sacked, parents thousands out of pocket

Herald Sun - Susie O'Brien - August 10, 2020

Parents are out of pocket thousands of dollars for unused childcare, with refunds for many weeks away. The childcare fiasco continues this week, as parents are still battling to work out whether they are permitted workers or not, while stood-down staff join Centrelink queues...

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COVID-19: Quakers Hill Long Daycare Centre closed after positive test

The Daily Telegraph - Kate Lockley, Blacktown Advocate - August 10, 2020

A daycare centre in western Sydney has closed its doors over fears of a COVID-19 outbreak after a staff member tested positive to the virus. NSW Health advised on Monday that a staff member at Quakers Hill Long Daycare Centre had worked at the centre while infectious on August 3.

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Mental health has never been more important

Teacher - Julia Gillard - August 10, 2020

It’s hard to comprehend the pace and scale of change we’ve experienced over the last few months. These are unprecedented times and teachers have done an incredible job adapting to the many challenges the pandemic has presented. The health and safety of their students...

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Early Childhood Education & Care an essential service during the pandemic

Unicef Australia - August 10, 2020

Access to Early Childhood Education and Care (ECEC) is critical for Australian children throughout the COVID-19 pandemic, according to UNICEF Australia. Tony Stuart, Chief Executive Officer for UNICEF Australia said it is important that we think about ECEC beyond the contribution...

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Juggling three roles: Why working parents with young children are especially vulnerable to surging mental distress

Smart Company - Angela Priestley - August 10, 2020

At one point during the first week of the stage four lockdown in Melbourne, Cherie Clonan stood calmly from her chair, walked to the bathroom and vomited. Why? Stress. Because trying to run a business — or do any kind of paid work — while parenting kids and managing their remote learning ...

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