An Australian childcare chain’s future is being questioned, with panicked parents pulling their children out of one centre as they fear the service is about to go under.
The company is facing debts estimated at $17.5 million and 320 jobs are at risk.
The chain, which has centres in Victoria and New South Wales, was placed into administration in February.
It trades under the names HEI Schools as well as ILO Early Learning. The news comes at a time when another childcare chain with at least 27 sites around Australia has seen mass resignations and staff walking out over unpaid wages.
Parents were informed on 10 March that an “urgent assessment” of HEI Schools was being undertaken, leaving them stressed about whether centres will remain…
