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Spotlight Group
Spotlight Group Holdings Pty Ltd (SGH) is an Australian retail conglomerate and one of the country's largest private companies. Its Spotlight Retail Group (SRG) division operates fabric and craft store chain Spotlight, outdoor retailers Anaconda and Mountain Designs, and department store chain Harris Scarfe. The first Spotlight store was established in Melbourne in 1973 by brothers Morry Fraid and Ruben Fried. History Spotlight was established by brothers Morry Fraid and Ruben Fried, whose names were spelled differently due to a mistake by their teachers. They immigrated to Australia from Israel in 1956 with their parents, who established a fabric stall at the Queen Victoria Market in Melbourne. The first Spotlight store was opened in 1973 in Malvern. By 1990 there were 30 stores across Australia and the company was turning over about 90 million, with the brothers' net worth estimated by the ''Australian Financial Review'' as about 30 million. Beginning in the late 1990s ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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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 ...
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Family-owned Companies Of Australia
A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by Consanguinity, blood or marriage or adoption, who has both the ability to influence the vision of the business and the willingness to use this ability to pursue distinctive goals. They are closely identified with the firm through leadership or ownership. Owner-manager entrepreneurial firms are not considered to be family businesses because they lack the multi-generational dimension and family influence that create the unique dynamics and relationships of family businesses. Overview Family business is the oldest and most common model of economic organization. The vast majority of businesses throughout the world—from corner shops to multinational publicly listed organizations with hundreds of thousands of employees—can be considered family businesses. Based on research of the Forbes 400 richest Americans, 44% of the Forbes 400 member fortunes wer ...
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Homeware Retailers Of Australia
Home accessories are furniture items which are easy to replace and easy to move, and include almost any items that are not strictly functionally necessary in a decorated space. These accessories include such items as curtains, sofa sets, cushions, tablecloths and decorative craft products, decorative wrought iron, and so on. These items are commonly used in indoor furnishings and layout and can include cloth items, paintings, and plants. The first thing that matters when it comes to sofas with back support is the type of the sofa. Namely, there are plenty of different types of sofas on the market, but, not all of them are for back support. Anyway, here are some of the best sofas for back support. * Recliner sofa * Chesterfield sofa * Massage sofa Home accessories, as movable decorations, reflect the owner's taste and create a personal atmosphere where they are placed. These items can break the boundaries of the traditional decoration industry, using handicrafts, textiles, collect ...
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Homeware Retailers Of New Zealand
Home accessories are furniture items which are easy to replace and easy to move, and include almost any items that are not strictly functionally necessary in a decorated space. These accessories include such items as curtains, sofa sets, cushions, tablecloths and decorative craft products, decorative wrought iron, and so on. These items are commonly used in indoor furnishings and layout and can include cloth items, paintings, and plants. The first thing that matters when it comes to sofas with back support is the type of the sofa. Namely, there are plenty of different types of sofas on the market, but, not all of them are for back support. Anyway, here are some of the best sofas for back support. * Recliner sofa * Chesterfield sofa * Massage sofa Home accessories, as movable decorations, reflect the owner's taste and create a personal atmosphere where they are placed. These items can break the boundaries of the traditional decoration industry, using handicrafts, textiles, collect ...
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Financial Review Rich List 2021
The ''Financial Review'' Rich List 2021 is the 38th annual survey of the 200 wealthiest people resident in Australia, published by the ''Australian Financial Review'' on 27 May 2021. The net worth of the wealthiest individual, Gina Rinehart, was $31.06 billion; while the net worth of the 200th wealthiest individual, Douglas Clarke, was {590 million; up from $540 million for the 200th individual in 2020. The combined wealth of the 200 individuals was calculated as $479.6 bn, an increase of $55.6 bn on the previous year; compared with a combined wealth of $6.4 bn in 1984 when the '' BRW'' Rich 200 commenced. Thirty-nine women were included on the 2021 Rich List, representing 19.5 percent of the list; up from thirty women in 2020, or 12 percent. The list included eighteen debutants. Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest Australian individual in 2020. From 2017 to 2019, Anthony ...
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1,000,000,000
1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G. One billion years may be called an ''eon'' in astronomy or geology. Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is no longer common, and the word has been used to mean one thousand million (1,000,000,000) for several decades. The term ''milliard'' can also be used to refer to 1,000,000,000; whereas "milliard" is rarely used in English, variations on this name often appear in other languages. In the South Asian numbering system, it is known as 100 crore or 1 arab. 1,000,000,000 is also the cube of 1000 ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ...
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The Australian
''The Australian'', with its Saturday edition, ''The Weekend Australian'', is a broadsheet newspaper published by News Corp Australia since 14 July 1964.Bruns, Axel. "3.1. The active audience: Transforming journalism from gatekeeping to gatewatching." (2008). "''The Australian'' has long positioned itself as a loyal supporter of the incumbent government of Prime Minister John Howard, and is widely regarded as generally favouring the conservative side of politics." As the only Australian daily newspaper distributed nationally, its readership of both print and online editions was 2,394,000. Its editorial line has been self-described over time as centre-right. Parent companies ''The Australian'' is published by News Corp Australia, an asset of News Corp, which also owns the sole daily newspapers in Brisbane, Adelaide, Hobart, and Darwin, and the most circulated metropolitan daily newspapers in Sydney and Melbourne. News Corp's Chairman and Founder is Rupert Murdoch. ''Th ...
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Kmart Australia
Kmart Australia Limited ( /ˈkeɪmɑːrt/ ''KAY-mart'', doing business as Kmart, Kmart Australia, Kmart New Zealand and Kmart Australia And New Zealand and stylised as ''Kmart'') is an Australian chain of department stores owned by the Kmart Group division of Wesfarmers. The company operates 323 stores across Australia and New Zealand, with its head office located in Mulgrave, Melbourne. Kmart Group, the department store division of Wesfarmers, also owns and operates Target Australia and online retailer Catch.com.au. History Kmart Australia Limited was born out of a joint venture between G.J Coles & Coy Limited (Coles) and the S.S. Kresge Company which was the company that operated Kmart stores in the United States. Kresge owned 51% of the common stock in the company and Coles owned the remaining 49%, together they began to develop Kmart stores in Australia in 1968. The first store opened in Burwood East a suburb of Melbourne, Victoria on 30 April 1969 with an estimated 40 ...
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Big W
Big W (stylized as BIG W) is an Australian chain of discount department stores, which was founded in regional New South Wales in 1964. The company is a division of Woolworths Group and as at 2019 operated 176 stores, with around 22,000 employees mainly in Australia. BIG W stocks clothing, health and beauty, garden, pet items, books, DVDs, CDs, some furniture items, snack food and small electrical household appliances. History The first BIG W store opened in 1964 at the Jesmond shopping centre in Newcastle. The original stores were full line department stores similar to a Myer and David Jones. At that time Woolworths still operated several hundred Woolworths Variety stores, which were the original Woolworths stores and carried a small range of general merchandise products. In 1970 the BIG W name ceased to be used and the stores were converted to what were then known as Woolworth Family centres that had "a very large range of general merchandise as well as a supermarket food ran ...
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Peter Warren Automotive
Peter may refer to: People * List of people named Peter, a list of people and fictional characters with the given name * Peter (given name) ** Saint Peter (died 60s), apostle of Jesus, leader of the early Christian Church * Peter (surname), a surname (including a list of people with the name) Culture * Peter (actor) (born 1952), stage name Shinnosuke Ikehata, Japanese dancer and actor * ''Peter'' (album), a 1993 EP by Canadian band Eric's Trip * ''Peter'' (1934 film), a 1934 film directed by Henry Koster * ''Peter'' (2021 film), Marathi language film * "Peter" (''Fringe'' episode), an episode of the television series ''Fringe'' * ''Peter'' (novel), a 1908 book by Francis Hopkinson Smith * "Peter" (short story), an 1892 short story by Willa Cather Animals * Peter, the Lord's cat, cat at Lord's Cricket Ground in London * Peter (chief mouser), Chief Mouser between 1929 and 1946 * Peter II (cat), Chief Mouser between 1946 and 1947 * Peter III (cat), Chief Mouser between 1947 ...
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