ABC Home | Radio | Television | News | Your Local ABC | More Subjects… | Shop

Email

Receivers to announce future of ABC Learning

Posted December 5, 2008 10:10:00
Updated December 5, 2008 10:21:00

The future of 386 centres hangs in the balance as the receivers assess their viability.

The future of 386 centres hangs in the balance as the receivers assess their viability. (ABC TV News)

The receivers for ABC Learning are expected to make an announcement today about the future of more than 300 childcare centres.

The nation's biggest childcare provider collapsed with more than $1 billion of debt last month.

More than 600 centres were judged to be financially viable, giving them a reprieve from closure.

But the future of another 386, including 43 in Western Australia and 60 in Queensland, hangs in the balance as the receivers assess their viability.

Bernadette Giambazi from the Childcare Association of WA has moved to reassure parents that suitable care alternatives will be found if their local centre is closed.

"There should be the capacity in the industry to take up the ABC families that are being dislocated, but it depends on the area the services are in," she said.

Tags: company-news, child-care, australia, qld, brisbane-4000, wa

2008 Year In Review

ABC News Online takes a look at the big stories from 2008.

Photos

Peter Siddle bowls AB de Villiers

Third Test

Relive the face-saving Sydney match via ABC News Online's photo gallery.

Watch

The orangutans huddle in blankets for warmth at Rome Zoo.

Cold comfort

Bearing up to Europe's big freeze is proving a problem for some, but a joy to others.

Listen

A patient is prepared for heart surgery

New hope

Organ donation has climbed to its highest level since transplants began here in the 1960s.