Aveo retirement village investigation shines spotlight on sector
When Benjamin Disraeli made the famous quote there are "lies, damned lies and statistics" he could have replaced the word statistics with retirement village surveys.
Adele Ferguson comments on companies, markets and the economy.
When Benjamin Disraeli made the famous quote there are "lies, damned lies and statistics" he could have replaced the word statistics with retirement village surveys.
Iris Lees died at an Aveo village in what relatives have described as "horrific circumstances".
The corporate watchdog has been called on to investigate recent trading of Aveo’s shares ahead of the company announcing a $145 million buyback this week.
The retirement village industry is crying out for federal oversight.
Labor, the Greens and former ACCC chairman Allan Fels have called on the government to urgently review the retirement village sector following allegations elderly Australians are being ripped off.
Aveo Group shares have plunged and it faces allegations of misusing customer information.
Pizza wars, $4.95 pizzas and the disastrous impact such strategy directives allegedly wreaked on Pizza Hut franchisees is about to be put on trial.
The latest round of profit results – all expected to be higher than the previous corresponding period – will be steeped in politics.
Taking weeks to draft press releases then submitting them for vetting to the very organisations you are supposed to be policing reads like something out of a Monty Python or Yes Minister skit.
When cartoonists, satirists, comedians and politicians around the world wade in on a corporate blunder, it's time to raise the white flag.
Search pagination
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.