The gravy train is long, the trough is deep and the nests are well feathered.
Every time I mention the lessons learnt from ABC someone drags up a 'recommendation to buy' report by some highly reputable broker.
The childcare industry at the moment is facing great uncertainty as it awaits the outcome of the Family Package and the change to ratios in 2016. IMO the government need to introduce stricter accountability and governance for any business that is in receipt of large amounts of taxpayer funding. Please, don't write back and tell me they do this - they don't!
I wouldn't be surprised to see Scott Morrison consider putting a freeze on childcare fees to ensure that childcare centres do not adopt a user pays, after the introduction of the Family Package. There are many who think that the social, emotional and cognitive development of children is much more important than the continued profit taking of corporate boards.
The other corporate are just the same, have a look at the bonuses, salary increases and related expenses paid to directors, companies in which directors or their spouses have interests.
Must go - it must be time for another public relations bulletin from 'The Fools'. Those Queenslanders they do like to stick together!
Islay
GEM Price at posting:
$3.57 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)