You are insulting the intelligence of the readers of this discussion forum. They are very able to may their own investment decisions. Please indicate where I have told readers " to avoid investing in companies that rely on government funding and are highly regulated...such as health care, aged care, and superannuation".
You said:
"Here is the gov't's own words in its 2014 child care funding report:"
"Since the collapse of ABC Learning Centres in 2008 and the actions undertaken by the Government to avert a crisis in child care supply the market has stabilised and we are seeing a period of sustained and controlled growth in a high quality market."
Incorrect, that report was published in August 2013, by DEEWR (Department of Education, Employment and Workplace Relations) and only related to data up to and including the quarter ending September 2012. The data did not focus only on long day care but also family day care, in home care, occasional care and outside school care.
There is uncertainty in the industry: the outcome of the recommendations of the findings of the Productivity Commission and the effect the change to ratio's in 2016 will have on the profitability of all early childhood operations will be on the minds of all early childcare operators.
Stlamc, what are your thoughts on findings of the Productivity Commission and the ratio changes legislated for 2016?
IMO & DYOR!
GEM Price at posting:
$3.75 Sentiment: None Disclosure: Not Held
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