Federal Government commits to keep childcare centres open until end of year

THE Federal Government has committed $22 million to ensure financially troubled ABC Learning Centres stay open until December 31.The temporary reprieve has brought some relief for families who rely on the centres, including the eight which operate in the Ballarat and Bacchus Marsh area.Ballarat MHR Catherine King said yesterday the government had agreed to the aid package because of the size of the centres' market share."The government will continue to work with the receivers to sort out a plan but at this stage it's too early to say what that might be," Ms King said."But anything the government does will make sure there is some certainty for parents as well as some stability for staff. At least it's bought some time until the end of the year."Ballarat parents said the uncertainty surrounding the future of ABC Learning Centres was yet to sink in."It's not real good, I briefly heard something about it and didn't know what to think," Toben Austin said.Lorraine Ballard said any closures would mean more grandparents would get babysitting duties."We'll have to mind the kids just as we get used to the idea of retirement," Ms Ballard said.Kim Paterson said the news didn't affect her, with her last child starting school next year."I haven't heard much about it but as long as they last to January we'll be okay," Ms Paterson said."My last one starts school next year."Ms King said she was hoping to meet with local ABC centre staff next week.The centres went into receivership on Thursday, with insolvency firm Ferrier Hodgson appointed as managers and corporate advisory firm McGrathNichol taking control of the business and its assets.It is estimated the company owes about $850 million, including $182 million to the ANZ Bank and about $200 million to Westpac. Anyone with concerns about the situation can ring the government information hotline on 180 2003, visit www.mychild.gov.com.au or contact Ms King's office on 5338 8123.