We Chinese immigrants to Australia, in addition to the pleasant environment, than the local excellent education system. Around many friends living in Australia in recent years have spent the first few years of the transitional period, no longer asked to buy a house, remittance things. To give birth to a suitable childrens kindergarten, became everyone’s top priority. Many Chinese will go to buy school districts and think of primary schools, middle schools and even universities, but they will pull down kindergartens. Wait until after looking back to a good kindergarten, only to find people queuing for more than a year, worry a lot of young parents, because children can lose at the starting line.In retrospect, in such a sparsely populated country as Australia, nurseries even appeared to be homegrown places like the one in China. So, investing in a kindergarten in the local, promising?
The answer is yes.
Parents paying up to $190 a day for childcare places are propping up $1 billion in profits for private childcare operators and their landlords, with questions being asked about who is really benefiting from billions in taxpayer subsidies for the sector.
Eight years after the spectacular collapse of Eddy Groves’ ABC learning, once the biggest childcare provider in the world, corporate interests have returned to the sector. Research analysts rate childcare “an investment-grade asset”.
The childcare services industry made almost $1 billion in profit last year, or more than one-eighth of what the government put into it in fee subsidies, according to IBISWorld’s July report on the industry. (That figure does not include the property owners’ profits.)
Increasingly childcare is big business, with about half of all childcare services (including out of school hours care and family daycare operations) provided by for-profit businesses, according to the Productivity Commission.