27 Mar 2020

Coronavirus: ECE centres could get huge payout

From Morning Report, 8:21 am on 27 March 2020

Hundreds of childcare centres will be paid tens of millions of dollars for loss of income during the Covid-19 crisis thanks to a special insurance deal that excludes almost all other businesses.

The unusual arrangement with their insurance broker means individual childcare operators will get a payout of up to $62,500 dollars each.

But it won't last.

Sharon Brettkelly reports.