GEM 1.54% $1.28 g8 education limited

Ann: Pause in Trading, page-23

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    According to this article,
    https://www.theguardian.com/austral...nments-coronavirus-changes-mean-for-my-family

    The govt will pay 50% of the subsidy directly to the childcare based on the attendance figure a fortnight before 2 March.

    So basically, if you had a 100 kids and then later after the lockdown you only had 50 kids, they still get their 100 kids subsidy while only having 50 kids. With wages usually about 60% of costs this is huge because Jobkeeper will allow businesses to keep their workers.
 
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