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    Childcare

    This Month

    Anthony Albanese’s announcement  of a 15 per cent wage rise for childcare workers came before the current wage hearing before the Fair Work Commission was finalised.

    Short-term politics won’t leave sustainable childcare legacy

    Five years ago, Labor promised to subsidise childcare wages and was howled down. Now, it hardly moves the dial.

    • Phillip Coorey
    Prime Minister Anthony Albanese interacts with a child at the Bardon Early Learning Centre.

    PM hints at universal childcare by middle of next term

    Childcare fees could continue to be capped in return for long-term government wage subsidies.

    • Phillip Coorey
     Prime Minister Anthony Albanese says subsiding childcare wages has an indirect productivity benefit.

    Labor’s $3.6b pre-election pay boost for childcare workers

    The government will fund a 15 per cent, $3.6 billion pay rise for child care workers over the next two years on the proviso their employers agree to limit fee increases until after the election.

    • Phillip Coorey

    July

    Private markets investor Partners Group has put its Australian childcare business Guardian Childcare up for sale.

    PEP bankers up for $1b-plus Guardian Childcare and Education; bids in

    The resurrected sale, being run by Morgan Stanley, is fielding interest from financial sponsors but not many trade players are in the mix.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Colette Assaf and Charles Assaf  have built a network of childcare centres based on the Montessori method. Now, their daughter Mary Assaf and future son-in-law Christopher Omeissah are taking the approach to aged and disability care.

    The education method that’s made this family millions

    When Charles and Colette Assaf bought a Montessori childcare business in 2000, the IT entrepreneur never expected it would become his family’s future.

    • Yolanda Redrup
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    May

    How the world went from baby boom to baby bust

    Helping people have the children they want in ways that fit with their plans should be a focus of policy. It is essential to help women combine careers with children.

    • Updated
    • Martin Wolf

    Partners upsizes forecasts for Guardian Childcare ahead of auction

    Street Talk has the skinny on updated earning figures that Partners Group is betting will get tyre-kickers fighting to be teacher’s pet.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Minister for Women Katy Gallagher.

    Gender and family advocates will have to wait a bit longer

    The issue with announcing a rise in wages for childcare workers is that there is a multi-enterprise bargaining process underway.

    • Sally Patten
    Partners Group co-founder Urs Wietlisbach and country head Martin Scott expected the Swiss firm to try and sell 21 assets this year.

    Partners Group to restart Guardian sale after childcare review

    The Swiss private equity firm expects deals to ramp up in the second half, and primed its early learning business to be the first off the block.

    • Aaron Weinman

    April

    Early childhood carers are among the lowest-paid workers in the country.

    Childcare workers desert industry for higher wages in aged care

    The country’s largest childcare operator says workers are leaving the sector for higher-paying roles in industries such as aged care.

    • Euan Black
    Claire Riley, with two-year-old Archie.

    Why this boss wants to help pay for childcare

    In an Australian first, u&u Recruitment Partners will subsidise the costs of childcare up to ease the financial burden of returning to work.

    • Julie Hare
    “Future research into sleep will reveal the damage her methods have wrought,” says a writer friend.

    The enduring appeal of the super-strict parenting regime of Gina Ford

    For some, she is a saviour. For others, pernicious. Yet 25 years after her first book was published, her tomes account for 25 per cent of the childcare market.

    • Arabella Byrne
    Big increases in childcare subsidies have not yet resulted in higher rates of workforce participation among women.

    Childcare rebates could leap to $14b - but women still aren’t back at work

    A key objective of the most recent changes to childcare subsidies was to encourage more women into the workforce, but so far they haven’t taken the bait.

    • Updated
    • Julie Hare

    March

    G8 Education has 430 centres in Australia.

    Childcare giant G8’s $46m ‘no admission’ settlement

    Even with insurance, shareholders will still take a hefty hit after the board decided to settle for “commercial” reasons.

    • Updated
    • Liam Walsh
    Zoe Daniel wants the government to spend billions more on childcare.

    Childcare boost among avalanche of budget demands

    The government fears removing the activity test altogether risks turning childcare into another “free for all” like the NDIS.

    • Phillip Coorey
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    Women would work for longer if they could.

    Women don’t ‘choose’ to work less – there is no choice

    The “motherhood penalty” in Australia is higher than our peers. It’s dragging on national productivity.

    • Gordon Cleveland and Georgie Dent
    Pejman Okhovat says that staff retention is improving, and that makes centres more stable.

    G8 tries to escape childcare’s returns quagmire

    The biggest listed player in childcare posted better profit results. But after years in the shareholder doldrums, many hurdles to consistent profit loom.

    • Liam Walsh

    February

    Altium chief executive Aram Mirkazemi and his board signed a $9.1 billion takeover a fortnight ago.

    What we learnt from Altium, Reece, Helia and G8 Education’s results

    Altium’s lucky cushion, Reece’s big run, Helia keeps rising and G8 Education pumps up prices.

    • James Thomson and Anthony Macdonald
    Pejman Okhovat, G8 CEO.

    G8 raises childcare fees as chief executive collects $3m in pay

    The Gold Coast-based group, which has more than 400 centres, said the price rise was linked to higher wage and supply costs – although margins could increase.

    • Liam Walsh

    Birth rates are falling. Why family-friendly policies are not enough

    The stunning fertility collapse in some countries is “not primarily driven by economics or family policies”. It’s more to do with culture and psychology.

    • Ross Douthat