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Administration

Q1 2019

1 Mins read

Australia’s occupancy average has seen a 5% decline since July 2018, primarily due to centres making the shift to session rates.

Competition is expected to continue to increase in the coming year, putting downward pressure on occupancy and an increasing need to maintain strong cost controls.

Key takeaways:

  • 21% of services nationally are failing the NQS.
  • The average RevPAP for Australia reduced to $75, which equates to a 6.25% decrease in the industry from last quarter.
  • FDC services saw a 9% decrease from 716 total services down to 653. This is primarily due to the latest legislation changes in July 2018.
  • The total number of services approved to operate under the NQF remained at 15,787.
  • Centre based care in Australia grew from 15,071 centres to 15,134.

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