Australia's biggest for-profit childcare group has fallen into the red after taking a multi-million-dollar hit from the closure of underperforming centres and as parents faced affordability issues.
But G8 Education, which operates 350 centres across Australia for more than 29,000 children under multiple brands including Buggles, Bambinos and Early Learning Services, says it has managed to stabilise its workforce, with vacancy rates low at two per cent.
