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Finexia shifts early learning asset strategy after sale talks end and Genius-linked centres enter administration

Finexia Financial Group has confirmed it will retain management of 11 early learning services linked to defaulted childcare finance loans, following the collapse of a proposed sale to a consortium that included its former CEO. The move comes alongside a broader strategic review of the company’s credit policies and early learning asset portfolio.

2025-08-08 08:30:01

by Fiona Alston

ACECQA highlights resources to strengthen child safety and quality practice

As early childhood education and care (ECEC) services navigate a period of unprecedented pressure and change, the Australian Children's Education & Care Quality Authority (ACECQA) has reinforced its commitment to upholding the principles of the National Quality Framework (NQF) and supporting those who work tirelessly to deliver safe, high-quality care for the 1.4 million children attending services each day.

2025-08-07 10:27:16

by Fiona Alston

Parliament passes Direct Gap Fee legislation: Key changes for FDC and IHC from 1 January 2026

The Australian Government’s legislation for direct collection of Child Care Subsidy (CCS) gap fees has officially passed Parliament, marking a significant shift in administrative and financial responsibilities for Family Day Care (FDC) and In Home Care (IHC) services.

2025-08-07 09:39:41

by Fiona Alston

Allegations of financial mismanagement linked to collapse of Genius Childcare

Administrators investigating the collapse of Genius Childcare have alleged that financial mismanagement by director Darren Misquitta may have contributed to the organisation’s downfall. The collapse has placed 25 early childhood education and care (ECEC) centres into administration and left creditors owed an estimated $115 million.

2025-08-06 12:15:58

by Fiona Alston

School council-managed OSHC services are eligible for a pay rise through the Worker Retention Payment Grant

Victorian school council-managed outside school hours care (OSHC) services may now be eligible to access additional funding through the Worker Retention Payment Grant, helping to reward and retain their dedicated educators.

2025-08-06 09:56:06

by Fiona Alston

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