Boom time for corporate childcare in Australia

By Kelsey Munro
Updated December 6 2016 - 10:13am, first published November 13 2016 - 6:47am
Easy as ABC: the childcare services industry made almost $1 billion in profit in 2015. Photo: Phil Carrick
Easy as ABC: the childcare services industry made almost $1 billion in profit in 2015. Photo: Phil Carrick
Business is looking up for the early learning industry. Photo: iStock
Business is looking up for the early learning industry. Photo: iStock

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.

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