Isay,
I always like reading your posts because you seem to take a real interest in the childcare sector.
Can you please remind me of the likely impact of the child-to-educator changes coming in Jan-16? I understand that centres have previously been very quick to pass any increase in cost base (from reform) directly onto parents in the form of price increases. What will stop them doing it again in 2016 prior to the childcare package rollout in 2017.... and particularly considering the new benchmark price will be $138 compared to their current avg around $85? does that imply there is plenty of room to move?
Interested in your thoughts....
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