ABC learning review result due this week | National News

1st December 2008

Receivers for ABC Learning say they expect to announce details of a review of 386 childcare centres this week.

The nation's largest childcare provider went into receivership last month after registering debts of more than $1 billion.

McGrathNicol receiver Chris Honey last week said 656 ABC Learning centres would continue to trade as normal after December 31 under a "sustainable business model".

But he also released a list of 386 centres that are under review.

McGrathNicol spokesperson Angus Trigg said the next update was on schedule for release this week.

"We don't have a specific timing yet," Mr Trigg said.

"I guess you could say it (the review) is well under way."

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