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Investors target childcare centres: agentsOctober 7, 2015
Sydney Morning Herald - Philip Hopkins - October 7, 2015

Investors are increasingly buying childcare centres, driven by strong government support for the sector, population growth and sharemarket volatility, according to commercial agents. This is pushing prices up and yields down, say Savills Australia and Burgess Rawson. Savills say that...
Takeover panel faults G8's Affinity bidOctober 7, 2015
The Australian - Prashant Mehra - October 6, 2015

THE Takeovers Panel has criticised childcare operator G8 Education's failed bid for rival Affinity Education after finding share trades by entities associated with outgoing G8 chair Jenny Hutson breached corporations law. THE panel on Tuesday made a declaration of "unacceptable...
Broker Watch: Bega Cheese, Dacian Gold, G8 Education, Japara HealthcareOctober 6, 2015
Financial Review - Elise Shaw - October 5, 2015

Australian Stock Report has a "sell" recommendation on G8 Education, the largest child care centre operator in Australia. "It didn't make sense that it became a market darling through 2013 and into early 2014," said Chris Conway, head of research at Australian Stock Report. GEM's share price...
Plan to tackle soaring childcare demand in Sydney’s eastern suburbsOctober 6, 2015
Daily Telegraph - Laura Aubusson - October 5, 2015

She welcomed last week’s announcement that Planning Minister Rob Stokes was forming a joint working group to make it easier to establish new childcare centres by cutting the red tape around the approval process. "The NSW Government is moving ahead on its election commitment to cut red tape...
Government to begin calling parents in vaccination pushOctober 6, 2015
Brisbane Times - Amy Remeikis - October 3, 2015

It comes as new legislation before the Queensland Parliament will give childcare directors the right to reject a child from enrolment if they are not up to date in their vaccinations, with Queensland the latest state to support "no jab, no play" laws. The Commonwealth has also...
Extra teachers required for kindergartens could hike fees for parentsOctober 6, 2015
The Age - Benjamin Preiss - October 2, 2015

New rules requiring more staff at kindergartens have sparked fears of increased costs for early learning centres and hefty fee hikes for some parents. One major operator of kindergarten education is calling for increased government funding to cope with the changes. From 2016...
Government seeks families wanting nanniesOctober 6, 2015 - October 2, 2015

Families struggling to find traditional child care can now apply to be part of the federal government's nanny trial for the next two years. As part of its planned overhaul of childcare subsidies, the government is offering payments to help cover nanny fees for 10,000 children. Families interested...
Call to improve safety for childcare workersOctober 2, 2015
Herald Sun - Rebecca David - October 1, 2015

MORE than 300 workers are seriously injured every year in childcare centres and preschools throughout Victoria. WorkSafe Victoria figures reveal a steady rise in the number claims made by childcare and preschool staff between 2010 and 2015, with an average of 347 claims per year...
Time spent in childcare delivers mixed results for kids, Australian Institute of Health and Welfare report findsOctober 1, 2015 - Lauren Wilson - September 30, 2015

A new report from the Australian Institute of Health and Welfare has found childcare centres must be delivering high quality early learning programs for 0-3 year olds, or children in care risk developing language deficiencies. The report found children from disadvantaged backgrounds...
Australia should follow the research and provide free universal childcareSeptember 30, 2015
The Guardian - Edward Melhuish - September 29, 2015

This attitude to childcare is driven by a false distinction between childcare and education. It is true that childcare policies are in part about looking after children to enable parents who want do work to do so. But should this be the pre-eminent goal of policy, as the recent Productivity Commission...
Sacrifices grandparents make so parents can go to workSeptember 28, 2015
Sydney Morning Herald - Cosima Marriner - September 27, 2015

Grandparents are sacrificing work, income, travel and recreation to care for their grandchildren so the parents can go to work. Three-quarters of grandparents believe regular childcare is a normal part of their role, according to a University of NSW study of how childcare affects grandparents' work...
Australia needs to encourage more women to workSeptember 28, 2015
Financial Review - Dan Tehan - September 27, 2015

There are very good economic reasons for tackling female workforce participation as a matter of priority. As a recent Grattan Institute report has shown, an increase in female workforce participation of 6 per cent in Australia, which would bring us into line with Canada, would mean the size of the our...
Cost of childcare in Brisbane rivals the price parents pay to send kids to state's top private schoolsSeptember 28, 2015
The Courier Mail - Brittany Vonow - September 26, 2015

CHILDCARE fees at some Brisbane daycare centres rival the cost of some of the city's most expensive private schools.The exorbitant fees for five-days-a-week care have hit $31,200 a year at some centres. The $7500 government subsidy available to families reduces it to $23,700...
What a difference a portfolio makes: early learning is not babysittingSeptember 25, 2015
The Conversation - Susan Krieg - September 25, 2015

However, in the current debates about childcare, the rhetoric of the labour market still dominates discussion regarding the importance of childcare for the economy. This is because government responsibility for young children has been framed in particular ways using a market-driven...
G8 Education chairwoman resignsSeptember 24, 2015
The Australian - John Conroy - September 24, 2015

G8 Education chairwoman Jenny Hutson will step down from the board next month after the company's bid for Affinity Education was topped by a rival offer. Ms Hutson has led the company through a period of rapid expansion as it has pursued acquisitions, but the group's most...
Concerns over childcare assessmentSeptember 24, 2015
Yahoo News - Patrick Condren - September 23, 2015

It has been revealed more than half of Queensland's childcare centres have failed to pass national standards, or have not been assessed, in the wake of a worker being charged with the attempted rape of a two-year-old boy. Premier Annastacia Palaszczuk has promised that Queensland's...
New Education Minister Simon Birmingham out to lift status of vocational trainingSeptember 23, 2015
Sydney Morning Herald - Matthew Knott - September 22, 2015

Senator Birmingham said he was committed to implementing the government''s childcare reforms, which would see most families $30 a week better off, but would introduce tougher work activity tests for parents. The changes have been linked to cuts to family payments opposed by...
Education Minister Simon Birmingham on early learning curveSeptember 22, 2015
The Australian - Sarah Martin - September 22, 2105

New Education Minister Simon Birmingham will drive reforms to the childcare sector with an emphasis on early learning and productivity, as he takes over the revamped portfolio in Malcolm Turnbull's new cabinet. Senator Birmingham, whose cabinet responsibilities will take childcare...
Anchorage Capital Partners on track to buy Affinity EducationSeptember 21, 2015
Financial Review - September 21, 2015

The private equity firm bidding for childcare centre operator Affinity Education has secured financing and is on track to complete its $208.3 million takeover. Affinity says Anchorage Capital Partners has confirmed the financing for the 92 cents per share deal, which it recommends shareholders accept...
Parents' groups praise Malcolm Turnbull for moving childcare back into education portfolioSeptember 21, 2015 - Lauren Wilson - September 20, 2015

CHILDCARE has been moved out of social services and back into the education portfolio in a move welcomed by the sector as recognition that early learning is an not just a welfare issue. Simon Birmingham has been appointed Minster for Education in Prime Minister Malcolm Turnbull's new look...
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