GEM 1.55% $1.27 g8 education limited

Early learning sector August 2019

  1. 765 Posts.
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    Reported by Arena in the FR 'the supply glut in the sector eases'.

    Not according to information taken from National Quality Agenda IT Systems (NQAITS) on 1 July 2019. Extra centres operational in the year to June 2019 289, 2018 it was 289 (same number), 2017 it was 257, 2016 it was 189. With many many more awaiting development approval.

    Occupancy appears to be better than this time last year, but IMO some of this has been achieved by management reducing fees in some centres.
 
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