This is excellent news for GEM (from the AFR 5 Aug)
Feds to bail out Victorian childcare centres
Victorian childcare workers will be bailed out by the federal government after wide-scale shutdowns ordered by Premier Daniel Andrews raised the prospect of most centres going under.Rather than re-introduce JobKeeper, which was removed from the sector nationally a month ago in return for a $708 million transition package, the Commonwealth will instead unveil state-specific support measures for centres, staff and possible parents on Wednesday.Victorian Premier Dan Andrews rushed closure of all childcare except for so-called permitted workers has created mass confusion and Scott Morrison ordered a support package be worked out in 24 hours."We want a simple solution. One which will provide immediate relief to the sector, and one which will keep the sector viable through these next six weeks of Stage 4 restrictions,'' Education Minister Dan Tehan said.Last month, the childcare sector lost its eligibility for the $1500-per-fortnight JobKeeper wage subsidy.Before that, about one-third of childcare workers were not receiving JobKeeper and the $708 million package was designed to help all providers as the economy supposedly rebounded.
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Last
$1.19 |
Change
0.020(1.71%) |
Mkt cap ! $916.2M |
Open | High | Low | Value | Volume |
$1.17 | $1.19 | $1.16 | $1.448M | 1.226M |
Buyers (Bids)
No. | Vol. | Price($) |
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32 | 74910 | $1.19 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.19 | 74613 | 25 |
View Market Depth
No. | Vol. | Price($) |
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18 | 45120 | 1.185 |
23 | 52221 | 1.180 |
11 | 146407 | 1.175 |
12 | 116253 | 1.170 |
5 | 8876 | 1.165 |
Price($) | Vol. | No. |
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1.190 | 69669 | 20 |
1.195 | 68794 | 14 |
1.200 | 116926 | 21 |
1.205 | 172351 | 9 |
1.210 | 8966 | 3 |
Last trade - 15.45pm 25/06/2025 (20 minute delay) ? |
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