GEM 1.85% $1.33 g8 education limited

Ann: 2018 AGM Managing Director's Address, page-62

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  1. 765 Posts.
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    Regarding the charges, IMO centres would have to be able to justify the different rates charged i.e. linking different charge structures to educator to child ratio's in different age groups and delivery of preschool programs.

    The two areas where centres have to get creative with flexibility is for families entitled to 18 hours and those families who attend for 5 days (if centres are trading more than 50 hours per week). This is something that centres should have planned over the past few months by carefully looking at their high traffic times, utilising educators and considering the needs of their families. They should now be in position to discuss and offer options to families.

    Scott Morrison has indicated that centres who "jack up prices" will be receiving a please explain. Consideration would have to be given to increasing charges close to the cap, as it limits movement upwards, should the ongoing wage campaign be successful.


    IMO & DYOR
 
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