Employment estimate and mean wage estimates for Chemists: Industries with the highest published employment and wages for Chemists are provided. OTdmM2ZlYjdmYjAxODdmZTEzZjQxOGFkZGJlYmFjOWRlNzE0MGQ4ZTFhNzEw Of course, that doesnt say much. The real question then is at what multiple can Chemist Warehouse attain?
Chemist Warehouse Company Profile | Management and Employees List Is Chemist Warehouse set to become the biggest ASX IPO in 7 years?
Chemist Warehouse putting customers first during its cloud Get Started Investing An official website of the United States government YbXB1:nN|k~Bv_9(r& Blooms The Chemist Prospectus Supplier Application Form. About 8,200 openings for chemists and materials scientists are projected each year, on average, over the decade.
company pushed the government to stop "propping up" smaller chemist retailers. YzE4NzhiZmIwYWJhNTkzN2YwOGY2MzA1ODNhODdhNWZmNTA0OTMyZWM2MjM1 Chemist Warehouse owns and operates online pharmacy stores in Australia. To make the world Smarter, Happier, And Richer. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The Chemist Warehouse Clinical Care Engine that Cardinale and his team have developed is designed to provide valuable health information for a customer. Community pharmacy revenue across both Australia and New Zealand rose by $1.4 billion due to significantly increased volumes EBOS Group has reported strong revenue growth in its full-year results despite being what Chair Elizabeth Coutts described as an "extremely challenging year". Our latest articles and strategies for the post-work life you want.
The Chemist Warehouse Hourly Pay in Australia | PayScale Past performance is not necessarily indicative of future returns. States with the highest employment level in Chemists: States with the highest concentration of jobs and location quotients in Chemists: Metropolitan areas with the highest employment level in Chemists: Metropolitan areas with the highest concentration of jobs and location quotients in Chemists: Top paying metropolitan areas for Chemists: Nonmetropolitan areas with the highest employment in Chemists: Nonmetropolitan areas with the highest concentration of jobs and location quotients in Chemists: Top paying nonmetropolitan areas for Chemists: About May 2021 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates. Lithium shares are featuring on our volume counts for this Friday's session. The fees generated from the float for the lucky chosen investment bankers will be very substantial. NzkzMTQyNWM3MGNjYjI1OGZkOWIzYjc2ZDVkMzdiZTAxYzE2YzYwMGE5MGY0 Chemist Warehouse resolved 342 individual queries or complaints from employees, with $99,062.98 paid to 118 employees across the three-year partnership. We operate under the same Australian Laws and Standards that all other Australian retail Pharmacies practice, and are Quality Care Pharmacy Practice accredited for Internet and distance dispensing, as well as retail pharmacy. Revenue declined marginally, down 0.7 per cent from $300.8 million to $298.6 million, but again a large drop from the $400 million recorded in 2016. Chemist Warehouse has been rapidly expanding its physical presence and sought a new channel to further engage its customers digitally. The Motley Fool Australia has no position in any of the stocks mentioned. MjA3ZGMxYWZkYTkzZWNiZTAxZTM2OWU1MDdlMzk3MTVhNzdiNDQ0OWIzMTQ5 Join our flagship membership service, Share Advisor. Find wages and penalty rates for employees. Read information and watch videos in your language on our Language help pages. That changed when it was the only private Australian company to head to Credit Suisse's shindig. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Annual Report Annual Report Annual Report Discover what we're up to at Health & Wellness! October 1 2020 Slideshow Grid Stack A big thanks to our major corporate sponsors Chemist Warehouse who help the Bulls Masters to get into Regional Queensland communities to promote and develop the game of cricket through their high development clinics. The prescription for investors waiting for the much delayed float of Chemist Warehouse is in - take two and see me next November. Help using this website - Accessibility statement. Win at Retirement It's a major customer for distributors and is said to make between $400 millionand $500 million in revenue. The industry is also highly regulated, with the government maintaining a strict say over who can operate pharmacies, and where they can be opened. Generated by Wordfence at Sun, 5 Mar 2023 5:42:19 GMT.Your computer's time: document.write(new Date().toUTCString());. The sluggish result is in line with the broader retail market which has struggled over the past 18 months through low consumer confidence and weak spending, with big-name retailers such as Myer and IGA-owner Metcash reporting weak results for the past financial year. Chemist Warehouse, owned by the notoriously private Verrocchi and Gance families in Victoria, has an estimated greater than 26 per cent share of Australia's $16 billion retail pharmacy market. rising to 1.8% from 1.5% in 2020. Learn about investing with our Investing Education hub. Its a little harder to see where future growth will come from outside of organic growth in the sector. Why these experts say the Santos share price is definitely a buy, The US stock market just hit new 2-year lows. Yjg1MjliNmMxZmYwMjgwY2IxNjI2NTU0ZmMwOTM0NTJhYTA2M2EzMDhhZTNj We pay our respect to them and their cultures, and Elders, past, present and future. National estimates for Chemists. (2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours;
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. 2~+ word/document.xml=koH@@1%nA2{p8T"|X4?/&ERd%3!zWu_M(yx{7+%/diB^I~oViXnHR( "vcQlnol& Y2I1YTE1MjI5ZTY5Yjc4YzI4Y2FiYTBhYmNhNTg4YTgxZGYzYTc4YjJlOWRi Pharmacies in Australia industry outlook (2022-2027) poll Average industry growth 2022-2027: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. The pharma-retailer looked to replicate the "in your face" feel of their physical brochure offers that brought customers in-store to their digital touchpoints. Chemist Warehouse is the dominant player in a sector where rival chains, including TerryWhite Chemmart, Ramsay Health Care, Priceline Pharmacy and Sigma's GuardianPharmacy and Amcal Pharmacy, have jostled for share. 3 News Chinchilla Tour 2023 116 Photos Photos Wynnum Golf Day With Vintage Reds . Street Talk understands the privately-owned and privately-operated chemist giant's investors have been told that the February 2020 date for the initial public offering has now been pushed back by a further nine months. Before sharing sensitive information, Listen to Our Podcast
Chemist Warehouse prescribes cloud transformation to boost customer The duo has grown the business from one that had five Chemist Warehouse outlets in 1995, more than 300 in 2017, to around 400 Chemist Warehouse and My Chemist stores today. Since the end of the fiscal year the company sold off equity in two stores: Chemist Warehouse Newmarket and Chemist Warehouse Fitzroy.
. ZTZkNmJjNDc0MDEwYjVkNzgwZGNkOWYwNzdjNjdjMGIxM2QwN2I5NmJlOTE5 Hourly pay at The Chemist Warehouse ranges from an average of AU$17.11 to AU$33.99 an hour. If you believe Wordfence should be allowing you access to this site, please let them know using the steps below so they can investigate why this is happening. Blooms The Chemist Management Services RaaS Research Report 2021 04 01, Blooms The Chemist 2021 Capital Raise FAQs, Blooms The Chemist Prospectus Priority Application Form, Blooms The Chemist Prospectus Supplier Application Form. The Australian Financial Review reported that it is preparing to send out a formal request for proposal to investment banks. Follow the topics, people and companies that matter to you. Here's a list of some of the top trending technologies and APIs used by Chemist Warehouse. How many days of annual leave do you get per year? For a list of all areas with employment in Chemists, see the Create Customized Tables function.
Investor Relations Blooms The Chemist All workers have been back-paid. These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. March 3, 2023 |
PDF Health & Wellness - University of New Hampshire It could look overseas, but many Australian companies dont have a good track record on this front. Lot 36, Over the past decade, the pharmacy retail space has seen heightened competition from online operators and a rise in discount pharmacies and medical products sold through supermarkets. Chemist Warehouse Group (trading as Chemist Warehouse, Chemist Warehouse New Zealand, My Chemist, My Beauty Spot The company also manages a website and a "click and collect" 24 hour dispense either pick-up and delivery service for medications . Mjk0MjM2ZWMyYmY5NmJjMGM4ODZjYzYxYjcyNDE0NTRiZmY4OGNmNWQ1ZDhi But investment bankers will have their work cut out for them. ZWYzZDNiY2JjNmUwZWRmZjIzOGE2N2MyYWM5MWY3YjI4MGNiYTk2MDBmMTI5 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. In its final report to the FWO, Chemist Warehouse said the compliance partnership has benefited the business and led to continual investment to support compliance with Australian workplace laws. Join Our Premium Community Administrator Login, Compilation of the Annual Report and Statistics of the Pharmaceutical Services, MEDICINES SUPPLY MANAGEMENT SYSTEM FOR PHARMACY VALUE ADDED SERVICES (MyUBAT), Pharmacy Policy & Strategic Planning Division, National Pharmaceutical Regulatory Division, Registration of Pharmacists Act 1951 and Regulations, Medicines (Advertisement & Sale) Act 1956 and Regulations, Malaysian National Medicines Policy (DUNAS), Advertisements Approved by Medicine Advertisements Board, Senarai Produk Dikesan Mengandungi Bahan Terlarang, Ministry of Health Medicines Formulary (MOHMF), Drug Utilization in the treatment of Diabetes Mellitus in the Ministry of Health facilities, List of Recognized Pharmacy Degree by Pharmacy Board Malaysia, List of Authorized Local Universities Offering Pharmacy Course, List of Higher Learning Institutions Having MoA with MOH for Clinical Attachment of Pharmacy Programme, List of Training Premises for Provisionally Registered Pharmacist (PRP), Pharmacy Graduates List For The Purpose Of Verification By The Pharmacy Board Malaysia Division (PBMD), Qualifying Examination to Practice Pharmacy, Application for Temporary Registration of Pharmacist with Pharmacy Board of Malaysia, List of MOH Pharmacists with Good Clinical Practice Certificate, Annual Report of Pharmaceutical Services Programme 2021, Statistics Report of Pharmaceutical Services Programme 2021, Annual Report of Pharmaceutical Services Programme 2020, Statistics Report of Pharmaceutical Services Programme 2020, Annual Report of Pharmaceutical Services Programme 2019, Statistics Report of Pharmaceutical Services Programme 2019, Annual Report of Pharmaceutical Services Programme 2018, Statistics Report of Pharmaceutical Services Programme 2018, Annual Report of Pharmaceutical Services Programme 2017, Statistics Report of Pharmaceutical Services Programme 2017, Annual Report of Pharmaceutical Services Programme 2016, Statistics Report of Pharmaceutical Services Programme 2016, Annual Report of Pharmaceutical Services Programme 2015, Statistics Report of Pharmaceutical Services Programme 2015, Annual Report of Pharmaceutical Services Programme 2014, Annual Report of Pharmaceutical Services Programme 2012, Annual Report of Pharmaceutical Services Programme 2011, Annual Report of Pharmaceutical Services Programme 2010, Annual Report of Pharmaceutical Services Programme 2009, Annual Report of Pharmaceutical Services Programme 2008, Annual Report of Pharmaceutical Services Programme 2007, Annual Report of Pharmaceutical Services Programme 2006, Annual Report of Pharmaceutical Services Programme 2005, Annual Report of Pharmaceutical Services Programme 2004, Annual Report of Pharmaceutical Services Programme 2003.
Box Hill. Chemist Warehouse is taking a step closer to an initial public offering (IPO) in what could be the hottest float on the ASX in years. NThjYzRiNTZmODM4MTZkODZkNGRmYTE4MzYzNTA4NzUwYzMxZmI5NjI4OWYx That is still lower . Most of his wealth has come from share investing than any other asset class, and that has given him the financial freedom not to work full-time, if he chooses to. Brendons passion for shares started by accident in 2003 and he has worked in various roles around capital markets ever since as a trader, stock analyst and markets reporter with the Australian Financial Review. This article contains general investment advice only (under AFSL 400691). (HooFECz-^;~aSk`3db0z hOzn$eH* e5UbGDcV3 >5
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BX6#9Eyd1-abA_g/7W0qui}R08 There have been questions for some time about Chemist Warehouse's long-term intentions. We respectfully acknowledge the Traditional Custodians of the land where we live and work and pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations.
Chemist Warehouse partnership improves compliance - Fair Work It has built a network of some 400 chemists through a combination of direct ownership of pharmacies by Gance and Verrocchi family members, and partnerships through the East Yarra. The health of any bull market can be often be measured by the IPO market.
About Us - Learn More About the Chemist Warehouse The Company was converted to a public company in September 2017. including fronting funds as part of Credit Suisse's conference in Hong Kong in March. Chemist Warehouse has implemented processes to resolve workplace disputes efficiently across its network and educated franchisees on their lawful obligations under the Fair Work Act. NWFmMzUwZmFhZTE5ZTYyYzA5NTI5MzU5ZjdmYTM3YzljMjdiOTQzZDEzMjI2 Bronwyn Allen. DEPARTMENT INFORMATION . East Yarra's two directors are listed as Jack Gance (who is chairman) and Mario Verrocchi. The Chefs' Warehouse, Inc., together with its subsidiaries, distributes specialty food products in the United States and Canada. Location: Health & Wellness Building . ?azi[!nTH. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. '`AloXfZomRQ|!r}W+Vyj:"Bj|} A#P2-X3 +1/]TIUO! March 3, 2023 | Latest Reports & Announcements 2022 2021 2017-2020 Governance but isn't afraid to get involved in a big equity capital markets transactions. In March, before the government implemented restrictions, retail sales at Chemist Warehouse outlets rose as panic buying drove consumer spending, according to the most recent financial documents filed with the corporate regulator. Current 2021-2022 Annual Report Archived 2020-2021 2020-2021 Special Report: COVID-19 Impact Statement 2019-2020 2018-2019 2017-2018 2015-2016 2014-2015 Annual Report 2021-2022 These ASX shares are ending the week in the red Brainchip sank to a 52-week low on Friday as bearish sentiment grows Big earnings growth is expected from this mining share in the coming years Sign Up for Take Stock Secretive chemist giant Chemist Warehouse has pushed out the timetable for its initial public offering. 19-2031 Chemists. James Mickleboro. Overall employment of chemists and materials scientists is projected to grow 6 percent from 2021 to 2031, about as fast as the average for all occupations. MjY3ZTAzNjM4ZTliNWYxN2I3ZmMyMjdlNmJmZjNkM2FkYzhkMTFhYjZjMzQ3
DOCX Chemist Warehouse PDC report - fairwork.gov.au 2021-10-19 Controlled by Financial Review Rich Listers Verrocchi and Gance, My Chemist Retail Group turns over more than $4 billion a year and is eyeing up a revived $10 billion IPO. YjI3MzA4OGY1ZDIyODdiYjRjZTkzZmVmYmUyMWJhNGI5NjEyY2M5MTVhYjFi Chemist Warehouse sees sales and profits slow amid tough retail landscape, Revenue and profit at Australia's largest pharmacy chain is beginning to wane. Follow the topics, people and companies that matter to you. About Help Desk Market Share Reports. Chemist Warehouse, owned by the notoriously private Verrocchi and Gance families in Victoria, has an estimated greater than 26 per cent share of Australia's $16 billion retail pharmacy market. Motley Fool contributor Brendon Lau has no position in any of the stocks mentioned. According to IBIS World, My Chemist Retail Group (which owns Chemist Warehouse) commands 21.1% of the Australian market. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, Chemist Warehouse headquarters are located in Chemist Warehouse 1806 Virginia., Virginia, Queensland, 4014, Australia, Chemist Warehouses main industries are: Drug Stores & Pharmacies, Retail, Chemist Warehouse appears in search results as Chemist Warehouse, Chemistwarehouse, ChemistWarehouse.com.au, International Organization for Standardization, Get Free Access to Chemist Warehouse Contacts Info. }~Be -C!$ &'\E_q+Zp? Report Overview The global pharmacy market size was valued at USD 1,008.5 billion in 2020 and is projected to expand at a compound annual growth rate (CAGR) of 4.3% from 2021 to 2028.
Food and Beverage. Federal government websites often end in .gov or .mil. Founded Date 2000. Recent Updates The Warehouse Group Business Covid Information Follow us NZXNZD$2.62-0.02 Home Investor Centre Company Reports Company Reports The reports listed on this page are the most recent company reports for The Warehouse Group.
What US chemists made in 2021, according to the ACS salary survey We're the only country in the world that does it," he said. {e]mFbE The site is secure.
Annual Report and Statistics of the Pharmaceutical Services Programme James Mickleboro.
Number of Chemist Warehouse pharmacies in Australia in 2023 Even investors who arent keen on participating should take note. Chemist Warehouse Group turns over more than $4 billion a year and is eyeing up a revived $10 billion IPO. Has a new buy rating on Liontown shares turbocharged this company? It is the biggest pharmacy owner in the country and competes with ASX-listed Australian Pharmaceutical Industries' chains Priceline and Priceline Pharmacy and Soul Pattinson.
Chemist Warehouse makes mockery of government regulation The median wage is the 50th percentile wage estimate50 percent of workers earn less than the median and 50 percent of workers earn more than the median. ZjU5MGM5NDJjNGI4ZjM4ZDIwODU0NWQ2YWE2MmEwYjY2YTMwYzEyZTcxYWFm In August, the company pushed the government to stop "propping up" smaller chemist retailers, with chief operating officer Mario Tascone calling for changes to legislation which prevents the discounting of Pharmaceutical Benefits Scheme medicines for pensioners and stops new chemists opening near existing ones. -----BEGIN REPORT----- Estimates do not include self-employed workers. That will give the small army of investment bankers hovering around the group - including Rothschild Australia, which has front row seats to what is going on - time to get the $5 billion float ready. ZDA1MjQ1OGE4NjJkYWY0MWNjMDA2ZTk5YWJiNTc1MzIwYzZkNjBmNTM3OTZh Financial documents filed with the corporate regulator last week for the East Yarra Friendly Society, a company estimated to represent about half of Chemist Warehouse's retailing locations, showed the company's statutory profit was just $6.5 million for the 2017-18 financial year. Chemist Warehouse operates more than 300 stores across the country and is owned by the Verrocchi and Gance families, spearheaded by reclusive businessmen Jack Gance and Mario Verrocchi. YWY2ZTk2MjZhMzM0M2EyYjg1ZTAyODljNWQxYzY3NWM4NDBjODYwNjFhMjA4
Chemist Warehouse gears up for float; readies RFP Authorised by Bruce Jackson. ZmIxZDc5ZTVjYTRiN2JhYjkwNTMwMmEyNjM1NjgyMjM4ODIxYmRhZDQwMDdj
Chemist Warehouse sees sales and profits slow amid tough retail landscape Company Type For Profit. Financial documents for the year ended June 30, 2019 for the East Yarra Friendly Society a company estimated to control about half of Chemist Warehouse's retailing sites showed net profit rose to $7.2 million from $6.5 million a year earlier. Department Name: UNH Health & Wellness . The Blooms Group was established in 1988 to provide operational support to these pharmacies.
What is the annual leave policy like at Chemist Warehouse? How - Indeed MWQ0MGJmYTc2MmJmYjc5MWIiLCJzaWduYXR1cmUiOiI2ODIzODYwZmJmYzQz
Sigma Healthcare Ltd (ASX: SIG) is the second largest at 16.8% of the market, while Australian Pharmaceutical Industries Ltd (ASX: API) holds 8.6%. ZTRmMmQxYjZjNGE0N2YxNGRjMmYwMTdiNDYwYjU3MWM1NThlOGE4ODRkYmU4 Yzk2MTcyOWM4YmMyMTBlOGU1NWE3YmM5M2M0Mjc2OWIzMmY3NTdkMDU0MTli
chemist warehouse justice of the peace - stmatthewsbc.org f?3-]T2j),l0/%b The I believe an IPO candidate like Chemist Warehouse would list with a market cap multiple of more than one times its annual revenue. Mzk1MmE0YTg0ZTA0OWQ2MDFmNjcxZjc2YTUzNzFiMzRjMjgxODQ4MzEzNGNm Chemist Warehouse resolved 342 individual queries or complaints from employees, with $99,062.98 paid to 118 employees across the three-year partnership. This was down slightly from $298.6 million in the year prior, and a significant drop from the $400 million-odd recorded in 2016.
View The Warehouse Group 2021 Annual Report Please try again later. It would be a typical type of mandate for Rothschild's Australian investment banking team which operates without an equities desk but isn't afraid to get involved in a big equity capital markets transactions. Jalan Universiti (Jalan Prof Diraja Ungku Aziz), Phone: (03) 8592 4841 SMARTER, HAPPIER, AND RICHER. The partnership committed Chemist Warehouse to take steps including improving resources, training and processes, setting up an employment relations hotline and email service for staff within the franchise network to enable them to raise concerns, and arranging independent audits to assess franchisee compliance with Australian workplace laws and applicable fair work instruments. Industries. for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data. We have all of your shopping needs in one place, from fashion, health & beauty, to homewares & more. When Australian pharmacy retailer Chemist Warehouse decided to expand internationally and establish operations in Ireland in 2019, it still relied on its on-premise Microsoft Dynamics AX platform. The percentile wage estimate is the value of a wage below which a certain percent of workers fall.
Chemists and Materials Scientists - Bureau of Labor Statistics Chemist Warehouse sales fall but profits up amid pandemic Overview Competitors News & Insights Founder & CEO Damian Gance CEO Approval Rating 61/100 Weigh In 06/1973 Virginia Queensland Private Independent Company Professional Services Personal Services & Franchises 7200 NAICS listing http://chemistwarehouse.com.au Conduct qualitative and quantitative chemical analyses or experiments in laboratories for quality or process control or to develop new products or knowledge. All Rights Reserved. https:// ensures that you are connecting to the official website and that any Which ASX 200 share will pay a 300% higher dividend this earnings season?
Chemist Warehouse, TWC credited in EBOS 'record' results Bankers reckon Chemist Warehouse is invited to conferences all over the world every year covering topics like retail, health and the like - and very rarely says yes. 195 (39%) A pharmacy for every 34,164 people, in Victoria with about 39% of the total number of Chemist Warehouse pharmacies New South Wales 113 (23%) A pharmacy for every 72,327 people, in New South Wales with about 23% of the total number of Chemist Warehouse pharmacies Queensland 89 (18%)
Chemist Warehouse - Crunchbase Investor Profile & Investments The directors tried to reduce the impact by implementing cost savings measures. The listed market has lost some big and profitable businesses in recent years - think the likes of Westfield Group, Asciano and DuluxGroup - and in their place are technology stocks, many of which require a leap of faith. The complete list is available in the downloadable XLS files. MDMxY2E3NGZjMDdhMDI0MzNjZjQyYzI2NjMyYWM5ZmFiYTU0Yzk0ODMwZDcz These audits identified underpayments of $11,539 for 820 out of 2,521 employees audited, with most underpaid workers across each audit owed less than $1. By clicking this button, you agree to our. For more information please see our Financial Services Guide. Interest is expected to be high given that the potential debutant is our countrys largest pharmacy chain with a turnover estimated at $5 billion. Chemist Warehouse operates more than 300 stores across the country and is owned by the Verrocchi and Gance families, spearheaded by reclusive businessmen Jack Gance and Mario Verrocchi. Chemist Warehouse is a long-mooted initial public offering candidate, and when it comes to market it would likely be one of the country's biggest ever floats. MTI5OSJ9 This marks a drop of almost 50 per cent from its $12.96 million profit in the preceding financial year and a massive decline in from the $101 million in earnings posted for 2016. The system analyses what is in a customer's basket and identifies potential risks for the customer, such as contra indications between different medicines or products that a customer buys. In the end-of-year directors' report for the East Yarra Friendly Society, the two directors said they considered the results to be "satisfactory considering recent changes to the business operations". Services - we offer a range of services including free home delivery, weekly medications packs, Justice of the Peace appointments and Influenza vaccination administration. Revenue declined marginally, down 0.7 per cent from $300.8 million to $298.6 million, but again a large drop from the $400 million recorded in 2016.