Money Matters: Report and Tools
In early-June 2020, Network embarked on a project with the intention of supporting OOSH Services to:
- Understand their current financial position;
- Navigate the fast-paced changes to childcare funding in response to COVID-19; and to
- Provide ongoing tools for Services to improve their financial management processes.
The project closed on 31 July. This project was met with a fantastic response rate, and we were thrilled to be able to offer free support of this kind to so many OOSH Services. Network would like to extend our sincerest gratitude to the OOSH Services that participated in this project. The response from Services during what continues to be a strenuous time for the Sector was appreciated.
Through our detailed financial modelling for individual Services across the State, we were able to establish Sector-wide trends regarding expenditure, financial management, employment structures and more.
Network has produced the first report of its kind in Australia; a detailed snapshot of the financial state of the OOSH Sector during and beyond COVID-19, with evidence of ongoing points of vulnerability or areas for support. This Report its recommendations have been presented to the NSW Government.
Financial Management Basics: Tools for Your OOSH
Did you participate in the Money Matters Project? You should have received a free copy of our Financial Management Tools. If you have not downloaded your copy please contact firstname.lastname@example.org
If you did not take part in the project but are looking to increase your knowledge of sound financial practices in OOSH, please contact us on email@example.com