Broadly agree but notwithstanding the noise on migration they...

Broadly agree but notwithstanding the noise on migration they really do need to pocket some cash this year because these are the best conditions they're likely to get.

I'm personally over a few ASX companies always focussing on growth instead of profit. Sometimes management needs to realise there's a time to put some $$ away for a rainy day and now's that time for EDU imho.

Office REITs are in the doldrums and facing years of oversupply but various management are already talking about the next cycle. Sure there's a long lead time for planning and construction but some management clearly more interested in growth than profit. And don't start me on Perpetual and ORORA.