MFD 0.00% 54.0¢ mayfield childcare limited

Labour "Living wage" impact on Mayfield

  1. 3,501 Posts.
    lightbulb Created with Sketch. 120
    Article explains the disgruntlement of childcare workers pay.
    https://www.abc.net.au/news/2018-03-25/childcare-workers-frustrated-over-low-wages/9575176
    National minimum wage is now $18.93. Childcare workers in 2018 were on $21.29 per hour. If labour gets in the unions want a 6% increase this year and 5.5% next year. Mayfield's labour cost was close to $18M in CY 18. I realise it's the same for all employers with low paid workers but I think Shorten and the unions will be very supportive of the childcare workers push for increased pay. Just something to be aware of as an 11.5% increase over two years would amount to over $2M in increased wage costs.
    Last edited by Ivanovich: 31/03/19
 
watchlist Created with Sketch. Add MFD (ASX) to my watchlist
(20min delay)
Last
54.0¢
Change
0.000(0.00%)
Mkt cap ! $35.26M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 12812 54.0¢
 

Sellers (Offers)

Price($) Vol. No.
58.0¢ 7000 1
View Market Depth
Last trade - 16.12pm 04/10/2024 (20 minute delay) ?
MFD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.