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Thousands of parents hit by childcare centre closures
- On Wednesday, G8 Education announced the suspension of 40 childcare centres ahead of its annual general meeting in Brisbane, representing about 10 per cent of its national network.
- Criminal charges against former employee Joshua Brown for more than 70 sex offences at centres in Victoria have rattled investor confidence and compounded the operator's financial instability.
- Chief executive Pejman Okhovat noted "confidence being impacted by serious child safety incidents," as the company reported a $303.3 million net loss in 2025 alongside occupancy rates falling to 56.4 per cent.
- Thousands of parents must now find new childcare arrangements as G8 plans to redeploy staff "where possible" and will evaluate long-term options including lease surrender for suspended sites.
- Broad industry pressures including falling birth rates, rising operating costs, and heightened regulatory scrutiny are driving what G8 describes as "unprecedented change" across the early childhood education sector.
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Total News Sources19
Leaning Left9Leaning Right5Center1Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
R 33%
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