appointment of voluntary administrator, page-10

What a disaster! What is going to happen to ABC's child minding centres now?

Will the employees get paid?

Will the leases get paid?

What about the public liability insurers?

What about the maintenance contractors?

etc etc


(Forget the lenders and shareholders - they wont get paid. Most of the centres are leased.)


With Rudd wanting childcare nationalised who would buy the centres? Not Rudd I bet.

How long can they keep them open? Not long!