p/e < 7x, div yield of 6.85% + earnings growth, page-2

re: p/e < 7x, div yield of 6.85% + earnings... Hi investor007,

Firstly, super post. Really enjoyed the read and detail. Like you, RRA is a bottom drawer stock for me.

Quick question re Centrelink.

From what I understand, RRA draws some of their revenue from an agreement with Centrelink whereby they get payments before a dollar hits the clients account. Is that still the case?

If it is I'm wondering, firstly what do you think the risk is that such an agreement could be terminated/altered by government to the detriment of RRA? And, are you aware of what percentage these 'automatic payments' make up of RRA's revenue? I'm interested to know how such a scheme was set up in the first place!

Thanks in advance.

Cheers,

James