@LisaJBryant

Writer. Early education and care advocate, NDIS advocate, op-ed writer, slightly awesome.

 Sydney, Australia
lisajbryant.com.au
Joined September 2012
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2.2KMedia
Children are not as safe in childcare centres as they used to. What can families do to keep their children safe? Me in @WomensAgenda womensagenda.com.au/latest/c…

Children are not as safe at childcare as they should be. Here's what we can do about it

Children are not as safe at early education and care as they once were and certainly aren’t as safe as they should be. This is a deeply troubling but indisputable fact. 

womensagenda.com.au
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Early childhood reform can’t stop at compliance. Safety and quality depend on educators – pay, training, careers and status must match the responsibility, writes Roger Chao. #EarlyChildhood #EducationPolicy #Workforce #ChildSafety #Australia johnmenadue.com/post/2025/11…

You can’t regulate your way to quality early childhood education

Recent safety failures have triggered tighter regulation in early childhood education and care. But compliance alone cannot deliver quality. Real reform begins with professionalising the workforce.

johnmenadue.com
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Quadrant, current owner of Affinity, not having a great time. #ozearlyed afr.com/policy/health-and-ed…

Quadrant finds itself bogged down in childcare quagmire

The private equity giant made a $650 million bet on Affinity Education four years ago. Child abuse allegations now have the sector under an intense spotlight.

afr.com
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I stand by this.
Karl Hessian@KeikoServices4 Sep 2019
Replying to @LisaJBryant
Affinity should never have been allowed to exist. Time in the private equity wilderness has not improved their culture in the slightest.
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An editorial comment.
Karl Hessian@KeikoServices19 Oct 2018
Replying to @KeikoServices @LisaJBryant
Affinity manifestly does not have a strong quality focus. To the extent that it focuses on quality, it is about getting "Working" to "Meeting". It does not appear to be focused on investing in "Meeting" services to achieve "Exceeding"; in fact, the evidence suggests the opposite.
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A ratings snapshot.
Karl Hessian@KeikoServices19 Oct 2018
Replying to @LisaJBryant
You might be interested to know that ACECQA publishes previous ratings alongside the current ratings of services. Affinity has 146 services, 93 of which have now been rated twice. Of these 93, 47% maintained the same rating, 32% went up and 20% went down.
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Ah yes, a quick flip.
Karl Hessian@KeikoServices25 Feb 2018
Anchorage looking to sell Affinity Education. afr.com/street-talk/private-… via @FinancialReview
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Noted.
Karl Hessian@KeikoServices19 Nov 2016
Devastating. The Affinity debacle rolls on. #ozearlyed xitter.cf/LisaJBryant/status/799…
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No visibility of Affinity's accounts once it delisted.
Karl Hessian@KeikoServices4 Dec 2017
If G8 is having such a rough time of it you have to wonder how Affinity is going in PE hands. I'm guessing Not Good. #ozearlyed
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Affinity spent barely two years on the ASX.
Karl Hessian@KeikoServices26 Nov 2015
Trivia: Vocation and Affinity both listed on the stock exchange on 9 Dec 2013. Neither company will make it much past their 2nd anniversary.
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Anchorage wins. Affinity off to private equity land.
Karl Hessian@KeikoServices24 Aug 2015
Anchorage Childcare proposes to buy Affinity Education at $0.90 per share. Affinity Directors support the move. asx.com.au/asxpdf/20150824/p…
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Anchorage enters the fray.
Karl Hessian@KeikoServices3 Aug 2015
"Anchorage courts Affinity Education with alternative offer". Reference to G8/Affinity as 'babysitters club' noted. afr.com/street-talk/anchorag…
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Finance is ... complicated.
Karl Hessian@KeikoServices3 Aug 2015
Canaccord Genuity helped Affinity SELL shares at $1.18 in March and today it is helping G8 BUY shares in Affinity at $0.80. Nice. $AFJ $GEM
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This was an extraordinary time.
Karl Hessian@KeikoServices2 Jul 2015
Affinity Education closing share price for 2 Jul 2015, 4.10pm: $0.54, down $0.28 (34%), on the announcement of shocking occupancy figures.
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Ok.
Karl Hessian@KeikoServices24 Jul 2015
"Affinity boss says company worth more than “opportunistic” bid from predator G8", Gold Coast Bulletin, 24 July 2015 goldcoastbulletin.com.au/bus…
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G8 enters the room. This takeover failed spectacularly, and side note, was directly responsible for Jenny Hutson quitting as Chair of G8. Further side note, Hutson was charged by ASIC for her role in the takeover but that is a whole other story so let's not get distracted.
Karl Hessian@KeikoServices3 Jul 2015
G8's formal takeover offer announcement: asx.com.au/asxpdf/20150703/p… Affinity's response: asx.com.au/asxpdf/20150703/p… #ozearlyed $AFJ $GEM
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Doesn't require further elaboration.
Karl Hessian@KeikoServices2 Jul 2015
Shareholders spit the dummy after Affinity Education issues below-par earnings guidance goldcoastbulletin.com.au/bus…
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How did Affinity go as a listed company? Yeah, not great. This was approximately 18 months after listing.
Karl Hessian@KeikoServices30 Jun 2015
Financial year wrap: Affinity Education share price at 1/7/2014: $1.22; 30/6/2015: $0.81; Return: -34%. Number of services today: 160. $AFJ
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How did Affinity go as a listed company? Yeah not so good.
Karl Hessian@KeikoServices2 Jul 2015
Affinity Education: Net assets (31/12/2014) $148m; Market capitalization (2/7/2015) approx $125m. Refer ASIC Info 203
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Me, knowing full well Affinity hadn't modelled the ratio changes, because the whole point of Affinity coming into existence was to allow owners to offload services into a corporate structure and transfer the problem of sorting it out to someone else.
Karl Hessian@KeikoServices4 Jan 2016
Wonder how Anchorage, former owner of Dick Smith, is travelling with its Affinity childcare centres. Hope they modelled the ratio changes...
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Affinity Education had a bad culture from the start and should never have been allowed to float on the ASX. Here's a tweet from 10 years ago, referencing a letter I wrote to ASIC regarding the Affinity prospectus.
Karl Hessian@KeikoServices21 Sep 2015
A short trip down memory lane this morning as we begin the farewells to Affinity: Part of my letter to ASIC 18/11/13
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