ANNUAL REPORT 2019
SUSTAINABLE, SCALABLE
BUSINESS MODEL
Investing in
our future
“KU continues to expand its development of important
resources to keep abreast of issues in the sector.”
KU
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KU is a diverse organisation of size
and complexity, and after almost
125 years, KU remains proudly notfor-profit
within an increasingly
commercialised sector. With this in
mind, key to planning and growing
for the future is both our financially
sustainable business model; and
our commitment to reinvesting
surplus in our quality programs for
children, in our staff, and in making
a difference where it matters most.
In 2019, KU expanded our broad
network of infrastructure by investing
heavily in capital works and IT. This
has enabled KU to also provide
expanded support to centres and
services in need. In addition, KU was
able to achieve growth in our portfolio
of services with the purchase of three
new sites at Maidstone, Newport and
Heidelberg in Victoria, and in NSW,
with the establishment of two new
CBA centres, Honey Bird and The Nest,
and the opening of KU Ashmont in
Wagga Wagga. KU is also committed
to a renovation of Central Office
in Sydney to improve efficiencies
as well as enhance collaboration
and connection amongst staff. We
are confident that this diversified
approach will support sustainable
growth in the years ahead.
KU prides itself on continuous
development and empowerment
of staff through professional
learning and research opportunities.
In 2019, KU attended the ELAA
conference in Melbourne, as well
as two Inclusion exhibitions and
the ECA National Conference in
Tasmania, and delivered a series
of events, workshops and webinars
for staff in both Victoria and NSW.
During 2019, there were more
than 3,500 internal registrations to
attend KU’s Professional Learning
programs, as well as over 2,000
external registrations, reinforcing
that these programs provide
enormous benefits to staff in terms
of increasing their knowledge and
skills, and supporting their career
progression.
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