Gold Coast Articles

CHINESE DRIVE GOLD COAST TO A MILLION MILESTONE

CHINESE DRIVE GOLD COAST TO A MILLION MILESTONE

INTERNATIONAL visitor numbers for the Gold Coast have breached one million annually for the first time, although it is business travellers rather than holidaymakers that have recorded the biggest percentage growth over the past year. The latest International Visitor Survey conducted by Tourism Australia reveals that 1.014 million internat...

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PROFIT BOOST FORECAST AT VILLA WORLD

PROFIT BOOST FORECAST AT VILLA WORLD

VILLA World has forecast profit growth of 5 per cent in the first half of FY17 in an earnings guidance released to the ASX today.

The company announced that it was targeting net profit after tax of between $19.5 million and $21.4 million for the first six months of the year, compared to $20.4 in the previous corresponding period.

Strong ca...

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WP CURVE SOLD TO GODADDY

WP CURVE SOLD TO GODADDY

NASDAQ-listed tech company GoDaddy has bought Gold Coast's WP Curve for an undisclosed sum.

The subscription-based WordPress support site, which was founded by Dan Norris and Alex McClafferty in 2013, will be brought under the GoDaddy banner.

According to a blog post on the WP Curve website, McClafferty has been working with the GoDadd...

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BOARD SHAKE-UP TAKES OUT SURFSTITCH FOUNDER

BOARD SHAKE-UP TAKES OUT SURFSTITCH FOUNDER

ONLINE actionwear retailer SurfStitch Group (ASX: SRF) has announced a major board shake-up in a move that effectively strips executive influence from remaining company co-founder Lex Pedersen.

Pedersen, along with Surfdome founder Justin Stone, will resign as executive directors of SurfStitch at the end of December as the struggling Gold Coa...

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GOLD COAST YOUNG ENTREPRENEURS GET AN EDGE WITH COUNCIL

GOLD COAST YOUNG ENTREPRENEURS GET AN EDGE WITH COUNCIL

GOLD Coast Young Entrepreneur winners and finalists have secured a business edge by the City of Gold Coast under its 'buy local' procurement policy. The 'buy local' procurement policy, which aims to give local businesses a leg up, has announced it will only seek offers for contracts worth less than $200,000 from companies ...

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HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it changed the game for fast food when it arrived in this country 45 years ago.

The first restaurant, at Yagoona in south west Sydney, was non-descript compared to today's standards, but it was one of the first steps towards what ...

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NEW CLASS OF EDUCATION NURTURES ENTREPRENEURS OF TOMORROW

NEW CLASS OF EDUCATION NURTURES ENTREPRENEURS OF TOMORROW

THE rise in youth unemployment has affirmed the importance of entrepreneurship education, and south-east Queensland is fertile ground for the next generation of business leaders. Bond University assistant professor of entrepreneurship Dr Baden U'Ren (pictured) says with youth unemployment at record levels, initiatives such as Bond'...

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G8 SHARES BUOYED BY FORECAST PROFIT RECOVERY

G8 SHARES BUOYED BY FORECAST PROFIT RECOVERY

CHILDCARE centre operator G8 Education (ASX:GEM) has revealed it is on track to post a pre-tax profit of up to $162 million this calendar year, giving investors reason to push the share price higher in a broadly weaker market. The forecast result makes up for a shortfall in earnings during the first half, which caused shareholders to shar...

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WHY YOU SHOULD CARE FOR YOUR BODY AS MUCH AS YOUR BUSINESS

WHY YOU SHOULD CARE FOR YOUR BODY AS MUCH AS YOUR BUSINESS

ENTREPRENEURSHIP is a busy business. It can be all-consuming, but it is important not to neglect your health You don't have to turn to science to understand the benefits of getting in regular exercise, as Steve Hunt, from Media Hunt Communications, says, "it makes you feel fantastic and ready for the day". In fact, the H...

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RACQ TO ADD BANKING SERVICES AFTER QT MUTUAL MERGER

RACQ TO ADD BANKING SERVICES AFTER QT MUTUAL MERGER

THE $3.9 billion merger between RACQ and QT Mutual Bank has been approved by the bank's members, clearing the way for Australia's first motoring body with bank services.

The proposal secured an overwhelming 90 per cent support among QT Mutual members, easily meeting the 75 per cent requirement and the transaction can now proceed.

I...

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GOLD COAST SHAPES UP BEST IN A POTENTIAL APARTMENT CRASH

GOLD COAST SHAPES UP BEST IN A POTENTIAL APARTMENT CRASH

THE Gold Coast is emerging as Australia's most resilient property market with capacity to ride out a potential collapse in the capital cities' apartment boom, even though sales have hit their highest levels in eight years, says a property researcher. The latest Urbis Gold Coast Apartment Essentials report for the September quarter...

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RIGHTCROWD REVERSE TAKEOVER MOVES A STEP CLOSER

RIGHTCROWD REVERSE TAKEOVER MOVES A STEP CLOSER

STEVE Terry has resigned as managing director of Omni Market Tide (ASX:OMT) as the company negotiates the transition to its new structure through the reverse takeover of RightCrowd.

His resignation clears the way for RigthCrowd founder, and its current CEO, Peter Hill, to take control of the company as managing director.

As reported recent...

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REOPENING DATE SET FOR DREAMWORLD

REOPENING DATE SET FOR DREAMWORLD

DREAMWORLD will reopen on 10 December, six weeks after four people died on one of its rides - an incident that has so far cost the company $13.4 million.

The theme park will reopen as a mechanical and operational safety review nears completion, says Dreamworld's parent company, Ardent Leisure (ASX:AAD) in a statement this morning.
...

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JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Guys. The takeover brings together two of Australia's largest electronics retailers and accelerates JB Hi-Fi's move into the whitegoods market. Announced in September, the deal will see JB Hi-Fi's network increas...

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ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in misleading or deceptive conduct between the dates of November 2014 and October 2015.

The Australian Competition and Consumer Commission (ACCC) will tell the Federal Court that Meriton attempted to rig the feedback on its Trip Adv...

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BILLABONG'S FANS SHOW THAT IT'S ALL ABOUT THE BRAND

BILLABONG'S FANS SHOW THAT IT'S ALL ABOUT THE BRAND

SURFWEAR retailer Billabong International (ASX:BBG) may still be struggling to return to profit, but its brand has been a winner on social media.

The Gold Coast-based company, which revealed tough retail conditions in the first few months of the current financial year, has managed to boost its social media following by 20 per cent over the pa...

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BARTERCARD LAUNCHES $250,000 INCUBATOR FUND

BARTERCARD LAUNCHES $250,000 INCUBATOR FUND

BARTERCARD has launched a business development grant to get a piece of the startup action. The Gold Coast-based trade exchange's Small Business Incubator Grant has a pool of $250,000 up for grabs, funded through its trade dollar currency. Small and medium-sized businesses on the Gold Coast can apply for a grant of up to $25,000 to...

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PALM BEACH SALE MARKS 'GOLDEN' RETAIL INVESTMENT

PALM BEACH SALE MARKS 'GOLDEN' RETAIL INVESTMENT

A PRIVATE investor has scooped the Palm Beach McDonald's and 7-Eleven service station for $8.525 million in the retail block's first time on the market. Both McDonald's and 7-Eleven have occupied the site since it was developed in 2001 and are secured on long-term net leases with fixed annual rental increases. Located on t...

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JUPITERS REVEALS FIRST LOOK AT NEW ATRIUM BAR

JUPITERS REVEALS FIRST LOOK AT NEW ATRIUM BAR

JUPITERS has unveiled designs for its new and improved Atrium Bar, ahead of the casino's transition to The Star brand. The revamped design by Brand + Slater architects promises to serve up an intimate atmosphere, combined with a sense of occasion for both business and leisure guests. Brand + Slater Architects Director Luis Nheu sa...

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COMMUNITY WILL DETERMINE GAMES' SUCCESS

COMMUNITY WILL DETERMINE GAMES' SUCCESS

KEY to the success of the 2018 Gold Coast Commonwealth Games will be the enthusiasm of local people to get behind the event.

That's the message to come out of Friday's Young Professionals City Leaders Forum.

The shining new facilities will be ready in time, but there is angst over whether the community will embrace the Games, and h...

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AMAZING RACE PUTS TOURISM WORKERS BACK IN TOUCH

AMAZING RACE PUTS TOURISM WORKERS BACK IN TOUCH

A NEW 'amazing race' style workshop designed for Gold Coast Tourism professionals has proven an important point prior to the Commonwealth Games: being a tourist in your own city is good for business. City of Gold Coast partnered up with Gold Coast Tourism to launch the Discover Gold Coast Challenge, a program designed for business...

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INFINITUS CHINA TO TAKE A RECORD $50 MILLION COAST HOLIDAY

INFINITUS CHINA TO TAKE A RECORD $50 MILLION COAST HOLIDAY

AROUND 8,000 international delegates will flock to the Gold Coast next May, as Chinese personal healthcare giant Infinitus hosts its holiday incentive program for top-performing employees. During their six-day stay, Infinitus delegates are pegged to inject a whopping $50 million into the local tourism economy, with the group representing ...

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VILLAGE ROADSHOW HIT BY DREAMWORLD TRAGEDY

VILLAGE ROADSHOW HIT BY DREAMWORLD TRAGEDY

TRADING at Village Roadshow (ASX:VRL) theme parks has been 'inconsistent', following the deaths of four people at Dreamworld, says chairman Robert Kirby.

The company, which owns and runs Gold Coast theme parks Warner Brothers Movie World, Wet'n'Wild, and Sea World, held its AGM today, where Kirby addressed the tragic Dreamworl...

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RIGHTCROWD TO ENGINEER ASX LISTING THOUGH REVERSE TAKEOVER

RIGHTCROWD TO ENGINEER ASX LISTING THOUGH REVERSE TAKEOVER

GOLD Coast IT company RightCrowd will take a backdoor route onto the ASX through a reverse takeover of Omni Market Tide (ASX: OMT).

Brisbane-based OMT, which is backed by billionaire pokies baron Bruce Mathieson, has been attempting to commercialise a system to allow ASX companies to host an online AGM, but the technology has struggled t...

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SURFSTITCH FENDS OFF QUESTIONS FROM LITIGANT SHAREHOLDER

SURFSTITCH FENDS OFF QUESTIONS FROM LITIGANT SHAREHOLDER

ONLINE surf and action-wear retailer SurfStitch (ASX:SRF) kicked off its annual general meeting on the defensive this morning as chairman Sam Weiss fended off a series of questions raised by potential suitor and major shareholder Kim Sundell's Crown Financial group.

Weiss told shareholders at the Sydney meeting that Sundell had submitted ...

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ACCC FIRES WARNING SHOT TO IVF PROVIDERS

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC) over widespread misleading advertising techniques. In general, the ACCC expressed concern over the use of technical medical terms in advertising which can confuse the ordinary person, as well as selective reporting of birth ...

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BIG W CEO QUITS AFTER 11 MONTHS

BIG W CEO QUITS AFTER 11 MONTHS

SALLY MacDonald has resigned as chief executive of BIG W ending her tenure at the helm of the struggling discount chain store owned by Woolworths Group. David Walker, who previously led the now dismantled Woolworths' home improvement businesses, will replace McDonald in the interim. McDonald first joined BIG W in January this year...

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AUSTRALIA FAIR BREAKS GROUND ON $25M MAKEOVER

AUSTRALIA FAIR BREAKS GROUND ON $25M MAKEOVER

CONSTRUCTION on the first phase of Australia Fair Shopping Centre's $25 million transformation kicks off this week, signalling another step towards Southport's revival. The 13-month project includes new fitouts and relocations of existing national retail brands, as well as new tenants. Coles will be expanded into the adjoining...

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CHINA RELEASES ONE DETAINED CROWN CASINO EMPLOYEE

CHINA RELEASES ONE DETAINED CROWN CASINO EMPLOYEE

ONE of the 18 Crown Resorts (ASX: CWN) employees detained in China over suspected gambling related crimes has been released on bail, the company has confirmed. Crown did not identify the employee, but The Australian newspaper reported that Jenny Jiang, a Chinese national who worked as an executive assistant for the company, was released o...

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RESTAURATEURS TO FEAST ON CHRISTMAS SPENDING SPLURGE

RESTAURATEURS TO FEAST ON CHRISTMAS SPENDING SPLURGE

RETAILERS are expecting Christmas sales to rise to $48.1 billion this year, a 2.3 per cent increase on 2015, according to the Australian Retailers Association (ARA) and Roy Morgan Research. ARA executive director, Russell Zimmerman, says sales have been trending upwards, which gives retailers confidence that there will be robust sales over t...

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