New financial reporting obligations for large providers

This content was published on Tuesday 14 February 2023. There may be more recent updates available.

From 1 July 2023, large early childhood education and care providers will have new financial reporting obligations.

Large providers will be required to report financial information to the department, including information about revenue, profits, and leasing arrangements.

A large provider is one that:

  • operates 25 or more services
  • shares operation of 25 or more services with another provider
  • plans to operate or share operation of 25 or more services.

This information will help us:

  • assess the financial viability of large providers
  • improve the transparency of child care costs
  • protect the government’s investment in the sector.

We’ll contact large providers directly via email to let them know about the new obligations. Make sure your provider-level email address is up to date in the Child Care Subsidy System.

We’ll also provide updates via our email newsletter and in our Facebook group.

Read more about the new financial reporting obligations for large providers.