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Administration

Q3 2020

1 Mins read

Occupancy was up 28% across Australia, pushing up quarterly revenue for Long Day Care.

The sector saw a positive growth in new centres, with a 2% rise in average fees QoQ. This restored ECEC performance since Q2-20, after severe pandemic-related pressures on enrolment and revenue.

Key takeaways:

  • Services grew 0.4% from 16,107 to 16,169 nationally. SA saw the most significant growth of 0.74% QoQ. TAS and NT both registered a decrease of 2.21% and 0.45% respectively.
  • A total of 171 new centres opened up Australia-wide, while 109 centres were closed in Q3-20.
  • Centre0based services grew at 0.42% from 15,600 to 15,666 QoQ. Meanwhile, FDC declined by 0.79%, driven by a significant decrease in WA centres (5.26%).
  • Occupancy was up 28% across Australia at 73%, compared to only 57% in Q2-20.

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