ABS a.b.c. learning centres limited

abc learning soon to soar, page-21

  1. 122 Posts.
    I don't think people will pull kids out of childcare, the government is helping quite a bit with the costs, and us parents have to work !..$20-$30 a week more is going to force people to quit jobs and look after the kids at home.
    My wife is going back to work now, and we need MORE childcare..The forget the baby boom was about 2-3 years ago, most kids now at childcare ages, and with high interest rates a lot more mums/dads have to work..

    Most centres charge in the $55+ anyway, and


    I had shares at $1.41, Sold them 2 days ago for FY08 loss booking, and then picked up 3 times my original holding at roughly 68c, so its worked out fine for me, and I hope it just keeps going..

    I am sure come near FY09 we will see at least another $3-$5 fee increase.Justifying it to the ACCC would be piece of cake...just like every other business and individual can justify their rise in expenses...its all to do with inflation, raw materials, petrol/oil, wages, cost of living...etc...My burgers cost more, My Milk cost more, My bread cost more, Just sitting on the couch watching tv is costing more than it did 18 months ago.

    ACCC has to ask, so that we don't complain that nothing was done.

 
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