The code is very SME tenant friendly. Expenses and profit don’t get a look in. Its all about revenue loss. I haven't seen anyone claiming more than 50%, but plenty of centres are down 70% on revenue based on year on year comparison. The Government is paying centres 50% of the fee revenue received during the specific fortnight prior to 2 March. So if that was a bad fortnight for a centre (which generally was the case as the outbreak was causing withdrawals by that stage), then the Government fee will be 50% of a lower than normal quantum of fees. For example, that subsidy could equate to 65% of the fee revenue that same centre took in the year prior at the same time. G8 is giving rent reduction a run even though the code doesn’t apply to them bc they have annual turnover of over $50m. Not sure how they are fairing but I think landlords will be arguing that.
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Last
$2.38 |
Change
-0.030(1.24%) |
Mkt cap ! $886.5M |
Open | High | Low | Value | Volume |
$2.40 | $2.42 | $2.36 | $1.553M | 650.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2500 | $2.37 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.39 | 8027 | 3 |
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No. | Vol. | Price($) |
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1 | 2500 | 2.370 |
2 | 4362 | 2.360 |
3 | 55058 | 2.350 |
4 | 9528 | 2.340 |
1 | 1862 | 2.330 |
Price($) | Vol. | No. |
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2.390 | 5058 | 2 |
2.400 | 1862 | 1 |
2.410 | 1862 | 1 |
2.420 | 13853 | 3 |
2.430 | 1862 | 1 |
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Last
$2.37 |
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Change
-0.030 ( 1.53 %) |
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Open | High | Low | Volume | ||
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