Aevum has announced $28.6m profits for the 2010 financial year. The profit announcement provides futher ammunition in Aevum's bid to repel Stockland's low ball takevoer offer. The new figures represent an upswing of 25% from the 2008-9 financial year when Aevum posted a $12.2 million loss. During 09/10, Aevum's average sales price increased 2% and they sold 240 ILU's, representing a 76% increase in turnover from the previous year.
Does this pass the pub test? Direct aged care workers awarded wages rises of up to 13.5% by Fair Work Commission – but indirect care workers only given up to 6.8%
Workers across residential aged care and home care will receive wages rises between 3.2% and 13.5% after the Fair Work Commission (FWC) determined on Friday that their work has historically been undervalued. The Stage 3 decision in the long-running...