Gold Coast Articles

NVC PLAYS A DIFFERENT GAME, AND WINS

NVC PLAYS A DIFFERENT GAME, AND WINS

AS its profits rise, National Veterinary Care's (ASX: NVL) focus on training over retail is proving to be a winning strategy. Managing director Tomas Steenackers says NVC, which is a healthcare conglomerate of vet clinics across Australia and New Zealand, is 'well placed to deliver shareholder value in H2FY2017 and beyond'. ...

Read More...
HOW TO TAKE CONTROL OF YOUR CAREER THROUGH TRAINING

HOW TO TAKE CONTROL OF YOUR CAREER THROUGH TRAINING

GIG economy, remote working, and freelance Friday are more than just buzz terms; our workforce is changing, and so too is its driver: education.

But it's not the online education revolution you might think. As industry insiders speculate online education and course delivery will be the way of the future, Melbourne startup training.co...

Read More...
PWR PROFIT CRASHES AS DOLLAR RISES AND COSTS MOUNT

PWR PROFIT CRASHES AS DOLLAR RISES AND COSTS MOUNT

A RISING Aussie dollar has offset PWR Holdings Limited's (ASX:PWH) overseas growth in the last half, forcing a profit (NPAT) drop of 44 per cent to $1.8 million. While revenue increased 0.8 per cent to reach $18.6 million, earnings before interest, tax, depreciation and amortisation (EBITDA) dropped by 36.2 per cent to $3.4 million. ...

Read More...
BILLABONG'S SALES DEPARTMENT STILL STRUGGLING

BILLABONG'S SALES DEPARTMENT STILL STRUGGLING

SURFWEAR retailer Billabong International (ASX: BBG) hasn't posted any surprises to the ASX.

The Burleigh Heads business is still struggling in the sales department, with total group sales down 9.5 per cent year-on-year to $508.3 million.

It took in $39.3 million in earnings before interest, taxes, depreciation and amortisation (EBITDA...

Read More...
EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

THE National Broadband Network (NBN) is more than an internet connection, it is an opportunity to transform your business.

The promise of faster, more reliable internet will allow businesses to entirely operate from the cloud, eliminate geographic borders, use flexible working strategies for better productivity, and integrate their commu...

Read More...
ARDENT TAKES $95.2 MILLION HIT FROM DREAMWORLD TRAGEDY

ARDENT TAKES $95.2 MILLION HIT FROM DREAMWORLD TRAGEDY

ARDENT Leisure has taken a $95.2 million write-down on the value of its Dreamworld theme park following the tragedy that left four people dead and closed the park for 45 days from October.

The company (ASX:AAD) has reported a $49.4 million loss for the first half of FY17, compared to a $22.7 million profit in the previous corresponding period...

Read More...
AGENT EXITS, LOW LISTINGS HURT MCGRATH

AGENT EXITS, LOW LISTINGS HURT MCGRATH

PROFITS have dived 72 per cent at real estate group McGrath (ASX:MEA) to $2.4 milllion on the back of low property listings.

Listings with company-owned offices were down 20 per cent in the half year, and there's been an exodus of agents, which has dampened sales results.

McGrath speculates Australians have been put off selling ...

Read More...
RETAIL FOOD GROUP RISES

RETAIL FOOD GROUP RISES

RETAIL Food Group's (ASX: RFG) 17.3 per cent profit rise to $33.5 million for the first half of FY17 was received warmly in early trade on the ASX today.

The Gold Coast company, which owns and operates more than 2500 outlets of brands including Donut King and Crust Pizza, was trading up 4.21 per cent at $6.44 per share at 12.31pm AEDT.

...

Read More...
IFLY DELIVERS THE UNFORGETTABLE, SOARS TO SILVER AT TOURISM AWARDS

IFLY DELIVERS THE UNFORGETTABLE, SOARS TO SILVER AT TOURISM AWARDS

THE Gold Coast has certainly earned its reputation as one of Australia's, if not the southern hemisphere's, most exciting tourism hotspots. Living up to the status is one of the city's newest Surfers Paradise attractions, iFLY Indoor Skydiving Gold Coast, which was recently awarded silver in the New Tourism Business category a...

Read More...
HONG KONG FUND INVESTS $212.8 MILLION IN G8 EDUCATION

HONG KONG FUND INVESTS $212.8 MILLION IN G8 EDUCATION

G8 EDUCATION (ASX: GEM) has secured $212.8 million from Hong Kong-based CFCG Investment Partners to pay down debt and fund its continued expansion.

Today's announcement comes alongside the Gold Coast-based childcare operator's full-year results, which include 10.2 per cent growth in revenue to $778.5 million and underlying earnings be...

Read More...
INTEREST IN RETAIL PROPERTY SPIKES AS INTERNATIONAL BRANDS LOOK TO ROLL OUT IN AUSTRALIA

INTEREST IN RETAIL PROPERTY SPIKES AS INTERNATIONAL BRANDS LOOK TO ROLL OUT IN AUSTRALIA

AN influx of international retail brands into Australia over the next five years are expected to push up demand for floor space, says CBRE head of research for Australia, Stephen McNabb.

The retail commercial property sector is attracting keen interest, despite a modest rental growth of 1-2 per cent forecast in the year ahead, according to CB...

Read More...
MANTRA BOASTS OF SUCCESSFUL HOTEL INTEGRATION AS NET PROFIT GROWS 15 PER CENT

MANTRA BOASTS OF SUCCESSFUL HOTEL INTEGRATION AS NET PROFIT GROWS 15 PER CENT

MANTRA Group (ASX:MTR) CEO Bob East has praised the performance of the company's new Honolulu Hotel as it posted a 15.1 per cent increase in net profit after tax to $31.8 million for the year to 31 December 2016.

The Gold Coast-based group added three new resorts: Ala Moana Hotel in Honolulu, Hawaii; Mantra Residences @ Southport Central ...

Read More...
CROWN ARRESTS IMPACT STAR RESULT AS VIP BUSINESS FALTERS

CROWN ARRESTS IMPACT STAR RESULT AS VIP BUSINESS FALTERS

THE Star Entertainment Group is feeling the pinch of a 17.7 per cent drop in normalised profit (NPAT) following troubled times for its VIP business. The high-roller market in China was thrown into disarray in October 2016 when 18 Crown employees across a number of Chinese cities were detained for gambling related crimes, a factor which th...

Read More...
WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent premium over the ASX200, a new index has found. The Employee Ownership Australian Index (EOAI) reveals that companies which are at least 30 per cent owned by employees tend to have better environmental, social and governance stand...

Read More...
RECORD PROFIT IN SIGHT FOLLOWING STRONG HALF FOR VILLA WORLD

RECORD PROFIT IN SIGHT FOLLOWING STRONG HALF FOR VILLA WORLD

VILLA World (ASX: VLW) has met its forecast to deliver a $19.6 million profit following a strong sales period across all its state markets. During 1H17, the Gold Coast-based company achieved a boosted revenue of $209.4 million through the sale of 673 lots. The developer expects to beat its record FY16 profit result by at least $3.8 mi...

Read More...
RISE OF THE MACHINES HAS WORKERS SWEATING

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown.

Airtasker's 2017 Future of Work study revealed that around 16 per cent of Australians believe their current role will be made redundant by a machine within the next five years, with 71 per cent of the population believing ...

Read More...
LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector's priorities says Australian Small Business and Family Enterprise ombudsman (ASBFEO) Kate Carnell.

Carnell wants action on issues such as business tax cuts, competition reform, unfair contracts, government procurement ...

Read More...
TEST DRIVE A POST GRAD AT BOND

TEST DRIVE A POST GRAD AT BOND

THERE'S only one way to really move your career into the fast lane, says Bond University, and 'test driving' will help you figure that out quick smart.

Bond Business School is offering a Postgraduate Test Drive, for those who are curious, but not yet committed.

A test drive like none other, Bond Business School offers complimen...

Read More...
BEAUDESERT SITE SELLS FOR $5.5 MILLION

BEAUDESERT SITE SELLS FOR $5.5 MILLION

A SITE with preliminary approval for residential development in Beaudesert, south-west of Brisbane, has been sold for $5.5 million. The 81.25ha site at Kerry Road, Beaudesert, was sold to developer Beaudesert Oasis by Mark Creevey and Tony Williams of Ray White Special Project Queensland. There were 58 enquiries and four offers received. ...

Read More...
DREAMWORLD REVENUE DOWN 50 PER CENT

DREAMWORLD REVENUE DOWN 50 PER CENT

VISITORS are gradually returning to Dreamworld following the deaths of four people at the theme park in October last year. During January, Ardent Leisure's (ASX:AAD) theme parks division recorded unaudited revenues of $6.97 million, down 50.4 per cent on revenues of $14.05 million in the previous corresponding period.

"This ...

Read More...
GOLD COAST ROTARY BALL TO END POLIO NOW

GOLD COAST ROTARY BALL TO END POLIO NOW

BURLEIGH Heads Rotary Club will hold a star studded black tie charity dinner on Saturday, 18 March at the Surfers Paradise Marriott to raise funds to end polio globally as part of Rotary's 100-year anniversary celebrations. Keynote speaker will be Australian Olympic gold medallist Steve Bradbury who won the 2002 Winter Olympics 100m shor...

Read More...
NORFOLK VILLAGE SELLS FOR $9.7 MILLION

NORFOLK VILLAGE SELLS FOR $9.7 MILLION

A MELBOURNE-based syndicate has bought Norfolk Village in Ormeau for $9.7 million, reflecting a yield of around 7.2 per cent. Located at 174 Pascoe Road on a 6,161sqm site, the single level neighbourhood centre has net lettable area of 1,481sqm and comprises 16 shops varying in size from 49sqm to 199sqm. The centre is fully leased with annu...

Read More...
ALIBABA'S AUSTRALIAN 'GOLD MINE'

ALIBABA'S AUSTRALIAN 'GOLD MINE'

CHINA-based ecommerce giant Alibaba has launched its Australian and New Zealand headquarters in Melbourne.

The online marketplace, similar to eBay but esteemed as Amazon, takes in more than 12.7 billion orders a year from 430 million users.

Jack Ma, Alibaba group founder and executive chairman, was in Melbourne at the weekend to launch the...

Read More...
MASTERS LIQUIDATION PULLS DOWN DECEMBER RETAIL TRADE FIGURES

MASTERS LIQUIDATION PULLS DOWN DECEMBER RETAIL TRADE FIGURES

THE FIRESALE that marked the closure of the Masters brand has been blamed for pulling down retail trade figures for December. Retail turnover declined 0.1 per cent in December 2016 to $25.6 billion (seasonally adjusted) compared to November according to the latest Australian Bureau of Statistics retail trade report. Year on year, growth was ...

Read More...
BRISBANE AND GOLD COAST COMMERCIAL PROPERTY MARKETS TIGHTEN

BRISBANE AND GOLD COAST COMMERCIAL PROPERTY MARKETS TIGHTEN

BRISBANE'S commercial property market performed at five times its historical average in the six months to 31 December as the city's vacancy rate dropped from 16.9 per cent to 15.3 per cent, according to the latest Property Council's Australian Office Market Report.

This result has come despite, or perhaps because of, the Quee...

Read More...
TRIGUBOFF TAKES APARTMENT PORTFOLIO ABOVE 3000 UNITS

TRIGUBOFF TAKES APARTMENT PORTFOLIO ABOVE 3000 UNITS

HARRY Triguboff has reached a new milestone with his property investment portfolio by breaching 3,000 apartments. The 3,066 apartments, all in Sydney, have been accumulated over 15 years by the Meriton group founder and owner and are worth more than $3 billion. They are in addition to nearly 4,500 serviced apartments owned by Meriton and a ...

Read More...
ROBINA PROFESSIONAL CENTRE GETS $2 MILLLION UPGRADE

ROBINA PROFESSIONAL CENTRE GETS $2 MILLLION UPGRADE

ROBINA Group has commenced a $2 million refurbishment of the Robina Professional Centre, after purchasing the vacant three-level commercial building late last year.

Woollam Constructions has been appointed to undertake the revamp and extension of the centre, at 36 Laver Drive in CBDRobina.

Demolition of the former interior fit-out has alre...

Read More...
WEAVING AN ETHICAL BUSINESS

WEAVING AN ETHICAL BUSINESS

IN three short years, Fabienne Costa has gone from not being able to afford petrol to turning over a quarter of a million dollars.

The Gold Coast jewellery designer remembers being in her final year of university, "so unhappy, failing - but only a few subjects away from getting that golden degree".

Studying nursing, Costa ...

Read More...
RECORD PASSENGER MOVEMENTS AT GOLD COAST AIRPORT

RECORD PASSENGER MOVEMENTS AT GOLD COAST AIRPORT

A RECORD number of passengers moved through Queensland Airports Limited's (QAL) four ports in the 2016 calendar year.

More than 8.2 million passenger movements were recorded across Gold Coast, Townsville, Mount Isa and Longreach airports, up 5.3 per cent on the previous year.

Gold Coast Airport (GCA) recorded a 7.1 per cent grow...

Read More...
HONG KONG AIRLINES INCREASES GOLD COAST FLIGHTS FOR CHINESE NEW YEAR

HONG KONG AIRLINES INCREASES GOLD COAST FLIGHTS FOR CHINESE NEW YEAR

FLIGHTS between the Gold Coast and Hong Kong will be increased from three to up to seven flights per week in January and February.

The increased number of Hong Kong Airlines flights is to cater for demand around Chinese New Year.

China is a growing market for the Gold Coast. The city welcomed 295,000 visitors in the 12 months to September ...

Read More...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter