report in the australian, page-2

The days of big corporates owning childcare centers is over. They simply cannot fulfill their regulatory obligations and support expensive overhead structures.

There is some positive though - very soon there will be opportunity for Mums and Dads to pick up their local center cheap and make a go of it. 80%+ occupancy will make them a good living, plus the parents of the attending kids will have real people running their center.