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Childcare group in the red due to cost, low birth rates
3+ hour, 5+ min ago (532+ words) Australia’s biggest for-profit childcare group has fallen into the red after taking a multi-million-dollar hit from the closure of underperforming centres and as parents faced affordability issues. But G8 Education, which operates 350 centres across Australia for more than 29,000 children under multiple…...
Childcare centres struggling with costs, falling demand
1+ mon, 2+ week ago (286+ words) Mayfield Childcare - which operates 45 long daycare centres in Victoria, Queensland and South Australia - has withdrawn earning guidance delivered in March, becoming the third ASX-listed chain to cite tough trading conditions in 2026. "The operating environment across the early childhood education and…...
Billions to keep flowing to battle high childcare fees
2+ mon, 1+ week ago (461+ words) Higher pay for childcare workers and capped fees for parents have been cemented for a further two years as the federal government announces a $3.6 billion injection to aid the pressured sector. A 15 per cent pay rise for centre-based and out-of-school…...
'Deeply concerning': childcare centre closures attacked
3+ mon, 3+ week ago (638+ words) A childcare centre operator has copped a bollocking as it prepares to close 10 per cent of its sites, leaving thousands of parents scrambling, following a child abuse scandal. G8 Education, which was rocked by the arrest of an ex-worker in 2025, blamed…...
Child safety system confronts 'financial catastrophe"
4+ mon, 2+ week ago (368+ words) A state residential care system for at-risk children has lurched into a "financial catastrophe" as costs balloon past $1 billion a year. An inquiry into Queensland's child safety system - the third of its kind since 2003 - is looking at possible fixes to…...