Goodstart Early Learning
Goodstart Early Learning is Australia's largest early learning provider.[1] Formed in 2010 by a syndicate of charities, Goodstart is a not-for-profit organisation that currently has 649 child care centres around Australia.[2] Goodstart's head office is located in Brisbane, Australia, in the suburb of Murarrie. Across Australia, approximately 70,000 children attend Goodstart.[3] Goodstart currently employs more than 13,000 staff members.[4] HistoryGoodstart was formed after a syndication of charities bought out ABC Learning Centres when they went into voluntary liquidation in 2008.[5] The Goodstart syndicate was built in two separate stages.[6] The Benevolent Society, Social Ventures Australia, and Mission Australia came together in 2008. The Brotherhood of St Laurence joined the group in 2009. The group approached private and public investors to raise the capital needed to buy out ABC Learning. With $15 million contributed by the Australian Federal Government as a medium-term loan,[7] the syndication of charities was named as the preferred bidders in December 2009.[8] Centres and facilitiesGoodstart centres provide 3 types of care. These include:
Please note: Not every centre offers vacation care and before/after school care, parents, guardians and caregivers are recommended to contact their local centre to confirm what is provided and available to families and children.[9] Goodstart centres are primarily located in and near capital cities. Only 20% of centres are in regional or rural locations.[10] Social impactGoodstart states one of its strategic goals as being “Inclusion – Enhance outcomes for children in vulnerable circumstances”. A report delivered by independent organisation Impact Investing Australia[11] found:
Financial statusGoodstart is a Public Company and is ranked at 454 out of the top 2,000 companies in Australia.[12] Total revenue generated in 2016 was reported as more than $900,000,000.[12][13] News and researchGoodstart has been in the news for current affairs and research contributions throughout the years they have been operating. Summaries of recent articles include:
References[20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32]
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