AGED CARE OPERATOR AVEO MAY FACE CLASS ACTION FROM RESIDENTS

AGED CARE OPERATOR AVEO MAY FACE CLASS ACTION FROM RESIDENTS

MADDENS Lawyers is considering a class action against retirement village operator Aveo after a Four Corners-Fairfax investigation revealed its complicated contracts and exorbitant fees.

The law firm issued a statement late on Thursday calling on residents at Aveo facilities to get in touch with them if they feel they have been financially dis...

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REA TO COP AN IMPAIRMENT HIT OF $180 MILLION

REA TO COP AN IMPAIRMENT HIT OF $180 MILLION

ONLINE real estate advertiser REA Group (ASX: REA) says it expects to take a non-cash impairment hit of $180 million because of weak market conditions in Asia. The realestate.com.au owner says the pre- and post-tax impairment of goodwill for the year to June 30, 2017, was due to a decline in several Asian property markets. The group...

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LENDERS TAKE CONTROL OF SLATER AND GORDON AS MD ANDREW GRECH STEPS DOWN

LENDERS TAKE CONTROL OF SLATER AND GORDON AS MD ANDREW GRECH STEPS DOWN

SLATER and Gordon boss Andrew Grech has stepped down and a board cleanout is underway as part of a major restructuring process that gives control to its lenders. Under a binding recapitalisation agreement, Slater and Gordon's (ASX: SGH) lenders will gain approximately 95 per cent of the company's equity, enabling them to appoint a...

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BARTERCARD TAPS INTO FRENCH MARKET

BARTERCARD TAPS INTO FRENCH MARKET

BARTERCARD has taken its first steps into the French market as its listed parent BPS Technology (ASX: BPS) expands its European offering.

The new Bartercard licensee in France marks the second one in Europe after BPS launched Bartercard last year.

Marc-William Attie, who is set to lead the new marketplace, is the owner of Business Network ...

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PETER BEATTIE: WE CAN TURN A $1B 'PROFIT' ON COMMONWEALTH GAMES IF BUSINESS GETS ON BOARD

PETER BEATTIE: WE CAN TURN A $1B 'PROFIT' ON COMMONWEALTH GAMES IF BUSINESS GETS ON BOARD

PLAYING host to a major sporting event is often regarded as a guaranteed way to lose money, but the 'face' of the 2018 Gold Coast Commonwealth Games says he believes the event has the potential to deliver up to one billion dollars in economic benefits to the region.

Peter Beattie, the chairman of the Gold Coast Commonwealth Games...

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