GEM g8 education limited

Subsidised Nanny Trial Commencing January 2016 for a period of...

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    Subsidised Nanny Trial

    Commencing January 2016 for a period of two years.
    Cost $250m.
    Estimated four thousand nannies for ten thousand children.
    Available to shift working parents and remote, rural and regional parents earning under $250,000.
    Nannies employed by approved providers.

    Welcomed by shift workers and ICPA (isolated children parents association)
    Must get passed through the senate.
    Nannies must be eighteen years of age, have a working with children check and a first aid certificate.
    No qualifications required!!!!!!!

    An administrative and possible legal nightmare for those approved providers employing nannies.
 
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Mkt cap ! $705.9M
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89.5¢ 91.5¢ 89.0¢ $7.772M 8.513M

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