Industry Analysis & Industry Trends
Increasing government assistance for parents looking to put their children in day care has aided the Child Care Services industry. Under the Howard Government, an effort to increase the nation's birth rate resulted in initiatives such as the baby bonus. Furthermore, several family payments to help families afford childcare (principally the Child Care Rebate and Child Care Benefit) were paid out to encourage parents back into the workforce.
Over 940,000 children are expected to have used government-subsidised childcare in 2010-11, a substantial rise from the 740,000 attendance recorded in 2003-04. In 2012-13, the industry is expected to generate $10.3 billion growing at 4.3% from the previous year... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of industry activity largely reflects variations in the population of children and is also influenced by the cost and supply of childcare; labour, income and housing affordability patterns; and childcare subsidy policies. The population of children aged up to four years is a significant determinant of demand for long day care and family day care services. Victoria and South Australia account for a disproportionate share of the number of children in outside school hours care (27.5% and 11.7% respectively) when taking into consideration the population of children in these states... purchase to read more