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Estia Health
Estia Health is an Australian aged care operator floated by Quadrant Private Equity in December 2014 when it was valued at $725 million. It operates 69 facilities across Australia and is listed on the Australian Securities Exchange. The company lost about a sixth of its value in September 2018 when the government announced a public inquiry into misconduct in the aged care sector, following the Australian Broadcasting Corporation The Australian Broadcasting Corporation (ABC) is the national broadcaster of Australia. It is principally funded by direct grants from the Australian Government and is administered by a government-appointed board. The ABC is a publicly-own ... produced a two-part documentary focusing on alleged neglect and abuse of older people. It was founded by Peter Arvanitis. He resigned in 2016. In 2018 it had the largest proportion of women in its executive team. It acquired 4 residential aged care homes and 2 development sites worth more than $100m f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quadrant Private Equity
Quadrant Private Equity (also simply known as Quadrant) is an Australian private equity investment firm based in Sydney, Australia. The company was founded as Quadrant Capital in 1996 by Chris Hadley. Quadrant hosts multiple investment funds which invest in businesses across a wide array of industries and sectors, specifically targeting management buyouts and growth capital transactions. The first three Quadrant funds delivered a collective 37% return between 1996 and 2006. The firm owns or co-owns a number of well-known Australian companies including Journey Beyond, Barbeques Galore, Timezone and Darrell Lea Quadrant is Australia's largest fitness centre operator through acquisitions of brands including Fitness First, Jetts Fitness and GoodLife Fitness. Quadrant has floated a number of its interests on the Australian Securities Exchange (ASX) including Kathmandu, Virtus Health, Isentia, APN Outdoor, Bapcar (previously Burson Auto Parts) and Estia Health. Notable investme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Broadcasting Corporation
The Australian Broadcasting Corporation (ABC) is the national broadcaster of Australia. It is principally funded by direct grants from the Australian Government and is administered by a government-appointed board. The ABC is a publicly-owned body that is politically independent and fully accountable, with its charter enshrined in legislation, the ''Australian Broadcasting Corporation Act 1983''. ABC Commercial, a profit-making division of the corporation, also helps to generate funding for content provision. The ABC was established as the Australian Broadcasting Commission on 1 July 1932 by an act of federal parliament. It effectively replaced the Australian Broadcasting Company, a private company established in 1924 to provide programming for A-class radio stations. The ABC was given statutory powers that reinforced its independence from the government and enhanced its news-gathering role. Modelled after the British Broadcasting Corporation (BBC), which is funded by a tel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heritage Care Pty Ltd
Heritage Care Pty Ltd is a for-profit nursing home management company, based in Australia. Its chief executive is Greg Reeve. It has a portfolio of 10 nursing homes in NSW and Victoria. As of August 2020, the company is divided in ownership between Peter Arvanitis, his wife Areti Arvanitis, who jointly own one half; while the other belongs to Tony Antonopoulos. Peter is the founder of Australian aged care giant Estia Health, however as of 2016 no longer holds an ownership stake in Estia. Mismanagement allegations Epping Gardens facility Abusive and inept Staff Staff of Heritage Care at the Epping Gardens Aged Care home have been publicly accused of abusing residents. It was reported in The Age that a family member had claimed a staff member had yelled at her 95 year old mother so badly, that she had retreated to her room and 'vomited violently'. The Age also reported that a deceased resident had been left to lie on the floor for 26 hours, while mishandling phone ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Australian Securities Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aged Care In Australia
Aged care in Australia (also known as elderly care), is the provision of services to meet the unique needs of older people in Australia. It includes both residential aged care (Nursing Homes, nursing homes) as well as services provided in the home such as personal care, domestic assistance, home nursing, nutrition and meal preparation, respite services, continence management, mobility & dexterity assistance, transport, social support and the provision of equipment and aids. In Australia, many aged care services are subsidised by the Department of Health (Australia), Department of Health to help keep costs manageable and affordable. Australians who are eligible for government subsidies to help fund the costs of aged care services will still be expected to contribute to the cost of services if they can afford to. Ageing Population in Australia Australia’s population is getting older, due to longer life expectancy and low fertility rates. Results of the 2016 national census show ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Sydney
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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