Increased competition in the early learning sector, along with an oversupply of services in some areas, has led many centres to develop strong branding and marketing campaigns.
Marketing is more relevant in the early learning sector than ever, as individual services strive to offer a point of difference from their competitors and make their offer even more appealing.
In this context, some centres have even offered incentives for families to enrol with them, such as iPads or other tablets/electronic devices. This practice has recently attracted media attention, with discussions about it featuring on Australia's breakfast television shows and also in the newspapers.
There has been a lot of talk about - and changes to - insurance in superannuation recently. To help break down the topic and make sense of the changes, ACA's superannuation partner Child Care Super will run a series of blog articles explaining the different types of insurance in super and detailing the changes that are about to be made – which may affect you. This information is relevant to early learning service owner/operators as well as their team members. The series begins with Death and Terminal Illness Cover.
Death and Terminal Illness cover
Did you know you may have automatically received Death and Terminal Illness cover when you first joined your super fund? This is called ‘default cover’.
ACA continues to receive queries from members about the practice of some Child Care Subsidy (CCS) “back payments” being paid to parents / guardians, rather than to the service provider.
This process may create some uncertainty and concerns when you are trying to work out whether or not the back payment has been paid, and if so, when.
These back payments should be recorded in your third-party software. However each software provider presents this data differently.