“Our primary concern is for the victims and their families. People rightly want to know how this happened.”
The spokesman said Tanarra had “been in close contact with the [G8] Board and have proposed specific actions for the company”.
The proposed actions are understood to include how G8 deals with affected families and the community, as well as related to its governance, including procedures for employee checks and monitoring of staff.
“In this process, we want to ensure the primary focus is on supporting victims, their families, and affected communities. We also want to ensure staff who may have been in contact with the suspect in this case are supported,” the spokesman said.
“We expect there to be a detailed review of operations and screening procedures, and we will be liaising with the company in this process,” the spokesman said.
HESTA, one of several super fund investors in G8, also spoke on Friday, adding pressure to the company.
“The recent allegations against a former G8 Education employee are very concerning and our thoughts are with affected families,” a HESTA spokesperson said. “We are continuing to monitor the situation closely and the steps G8 take to ensure child safety.”
Loading
Meanwhile, Carolyn Smith, the national director of the United Workers Union which represents educators in for-profit early childhood care centres, said providers across the sector should rethink directing profits to bonuses given the litany of concerns that have been raised about quality of care, which were evident even before this week’s abuse allegations surfaced.
“If profits are going to CEO bonuses, it’s money not going into the service they provide, and it impacts the quality and also the safety of the service,” Smith said. “Most Australians would agree that children’s safety and quality of care has to be the focus of our early learning system ahead of profit.”
Okhovat received remuneration totalling $3.3 million in 2024. His total actual remuneration, which is sometimes used as a more accurate reflection of pay, totalled $1.53 million. As part of this, Okhovat received more than $300,000 as a short-term cash bonus, and $200,000 as a deferred cash bonus.
At G8’s annual general meeting in April, 90 per cent of bonuses were paid to leaders despite missing key targets.
Smith added: “A lot of people would be questioning CEO bonuses in this sector given what we’ve seen.
“Centres run by non-profit providers are consistently getting higher ratings,” Smith said. “I think there are some real questions and a conversation we need to have about the business model of providers, about whether they are focused on profits ahead of children’s safety.”
The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Sign up to get it every weekday morning.