In what has to be considered a remarkable result, childcare operator Mayfield Childcare (ASX: MFD) has delivered $3.5 million in net profits despite facing an existential shortage in labour and occupancy rates dropping all over the country as the pandemic toll continues to plague the industry. For the six months ended 30 June 2022, Mayfield
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Everyone loves the notion of something for nothing – especially if the government is footing the bill – but for the childcare operators the hastily implemented “free” system during the virus crisis has fallen well short of a socialist paradise. Put another way, the emergency measure may have assisted some parents but was less than
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