ACA and CBA release Early Learning Insights Report

ACA and the Commonwealth Bank are proud to launch the inaugural edition of the CommBank Early Learning Insights Report - an analysis of sector trends, performance, and key challenges among Australia’s early learning service providers.

This report uses the data collected under the National Childcare Barometer survey, before Bankwest rebranded some of its services as Commonwealth Bank. 

Our sincere thanks go out to those of you who completed this survey earlier this year and therefore contributing to this report. 

It is clear from this year’s research that the early learning sector as a whole continues to come under pressure on a number of fronts.

Occupancy rates, upward pressure on wages, and fallen profits have all been identified as issues for some centres. However on balance,  confidence across the sector has experienced a moderate year-on-year uplift.

From a day-to-day operational standpoint, the Child Care Subsidy (CCS) was a huge factor. Many service providers are also concerned about new market entrants and rising competition within the sector, however, we are seeing many respond with a heightened focus on quality improvement as centre operators seek avenues to drive higher occupancy.

You can access the CommBank Early Learning Insights Report here.