The childcare sector plays a critical role in Australia’s economic and social spheres and has undoubtedly solidified its reputation as a stable industry throughout the duration of the COVID-19 global pandemic. Together with comparatively attractive returns in relation to other industries, its continued growth, as well as strong government support, Childcare investments have become increasingly sought-after opportunities across Australia which is reflected in the incredibly strong yields achieved on the sale of many childcare freeholds in recent times.
The onset of the COVID-19 global pandemic brought with it an elevated level of economic and business uncertainty, with a vast array of businesses and industries being forced to cease trade, either as a result of government mandates or due to the impacts of the pandemic on business and trade generally.
Recognising the importance of the industry and in response to the global pandemic, the Australian Federal Government swiftly introduced a number of mechanisms specific to the industry to assist both landowners, business operators, and families alike. These measures included subsidy schemes and business continuity payments, which ensured the industry was able to continue to operate and remain stable in comparison to many others which were heavily impacted during these tough times.
The gradual and imminent easing of the Australian lockdowns and the ensuing recommencement of work will undoubtedly bring with it a heightened demand for childcare services and, with it, attraction for investors.
Whether you are an existing childcare investor or are looking to delve into the industry, Rostron Carlyle Rojas Lawyers understands the importance of partnering with the right consultants to assist you on your journey.
Rostron Carlyle Rojas Lawyers have a dedicated team that will guide and assist you with your investments in this specific and complex industry, including:
- Acquisition and Sale of Childcare freeholds or businesses;
- Agreement for Lease and Lease arrangements;
- Franchising (both at franchisor and franchisee levels);
- Business Structuring Advice;
- Regulatory and Service Approval matters;
- Legal Due Diligence;
If you require assistance with your childcare investments or have any general queries in relation to the legal aspects of the industry, please contact Rostron Carlyle Rojas Lawyers on (02) 9307 8900 or by email at [email protected].
The blog published by Rostron Carlyle Rojas is intended as general information only and is not legal advice on any subject matter. By viewing the blog posts, the reader understands there is no solicitor-client relationship between the reader and the blog published. The blog should not be used as a substitute for legal advice from a legal practitioner, and readers are urged to consult RCR on any legal queries concerning a specific situation.