GEM +3.5%: the childcare operator posted one of the better gains of the index today thanks to the drip feed of news ahead of next week’s federal budget. The government seems happy to splash the cash so long as it creates employment opportunities which means childcare is in the spotlight. Treasurer Frydenberg talked to potentially removing the $10,560 per child subsidy cap while offering to pay up to 95% of childcare fees for families with multiple children in an effort to entice more parents back into work. For G8 it would mean more children back into child care, increasing from the ~70% seen at the end of last year.
scroll
Question asked
Question asked
Performance update for March, stocks that drove returns & our current positioning
Close
Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
Close
Market Matters Research Lead Shawn Hickman with David Koch
Close
Friday 19th April – DOW up 22pts, SPI down -55pts
Close
MM is bullish GEM at current levels
Add To Hit List
Related Q&A
What does MM think of RVR & GEM?
Does MM like GEM moving forward?
Relevant suggested news and content from the site
Video
WATCH
Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
Podcast
LISTEN
Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Podcast
LISTEN
Friday 19th April – DOW up 22pts, SPI down -55pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.