Over 10% dividend, page-12

I believe that article is based on his interpretation of a statement by CQE. The following is their announcement:

"The new Child Care Subsidy (“CCS”) introduced in July 2018 has been a positive for the industry through increased usage and overall affordability. Long day care (“LDC”) usage increased by 4.0% (29,930 children) from September 2018 to September 2019 and is up 12.5% since the CCS was introduced6. After the initial 11.8% fall in national childcare costs (impact of CCS) in the September 2018 quarter, childcare prices have climbed by 8.6% to the December 20197 quarter.As at 31 December 2019, there are 7,8948 LDC centres in Australia, an increase of 319 (4.2%) in CY19. Rolling annual growth since December 2015 in LDC centres has been 3.7%6, consistent with the growth in children using LDC centres of 3.7 %6 over the corresponding period. Notwithstanding short-term fluctuations, the childcare market continues to remain well balanced with underlying demand meeting new supply."

The one thing I disagree on from the article is that AFR mentioned demand had fallen sharply. Rather there may have been an increase in demand. Basing on the announcement, there was an increase in supply however it is met with demand. How would you guys interpret the presentation from CQE?