Explore the latest developments concerning Major early learning.
Major early learning centre at risk of going under
Education provider Edge Early Learning has collapsed into voluntary administration, putting as many as 70 childcare centres across the country at risk of being shut.
In a statement, the group said Craig Shepard, David Johnstone and Stacey Clisby from KordaMentha being appointed as voluntary administrators.
“We understand that this may be a confusing and stressful development for families who rely upon Edge Early Learning to provide care for their children,” Edge Early Learning said in a statement.
It added that there will be no immediate changes to the opening hours or staffing arrangements at the learning centres.
“We are continuing to operate all centres on a business-as-usual basis,” it said.
Edge Early Learning enters voluntary administration but all centres continuing to operate
Childcare provider Edge Early Learning has appointed administrators KordaMentha, which will conduct an "urgent assessment" of the company's operations.
Edge runs dozens of childcare centres across SA, Queensland and the ACT and says centres will continue to operate as normal for the time being.
It says the administration process is expected to take several weeks.
Embattled childcare provider Edge Early Learning, which has centres in the ACT, Queensland and South Australia, has gone into voluntary administration.
In a statement on its website, Edge said it had appointed KordaMentha as administrators on Tuesday but that centres were continuing to operate normally.
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PE-backed Edge Early Learning collapses, brings in KordaMentha
KordaMentha has been brought in as administrators for Edge Early Learning, the latest casualty in an embattled childcare sector that has faced plenty of operational troubles and intense regulatory scrutiny.
Edge’s 70 childcare, kindergarten and preschool centres across Queensland, South Australia and ACT remain operational for now. Decisions on the future will be taken after KordaMentha completes its review of Edge’s financial position and options.
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