Ann: Change of Director's Interest Notice, page-11

I'm truly agnostic as to whether I should view these Jobactive changes as good or bad:

Positives:
- Current contract's guaranteed for a further 2 years to 2022. This is more than enough time to tidy up balance sheet & redeploy focus into new markets (DES etc) in the interim, without concerns for debt amortisation
- Lib policy said it wants to invest in better quality, specialised services for Jobactive, instead of the generic process driven system. If jobactive moves into a consumer-driven model, I view KKT as being very well placed to take market share from smaller players. I also think they are better placed to retain better quality talent over the smaller players & NFP's

Negatives
- Uncertainty past 2022
- Foregoing opportunity to win new contracts for 2020