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Peter, my money would be on the govt not touching child care, esp when you consider families have painted themselves into a financial corner. How many households can afford a home now without a dual income? If the govt significantly reduces child care, it will put downwards pressure on the...

It's not likely their assets will be devalued significantly. Most centres are prime sites and purpose built, with a guaranteed income stream. Biggest risk as a going concern would be a wages blow out.