The background of Eddie Groves claim provides an interesting insight into the collapse of Groves’ relationship with Austock, which was routinely paid tens of millions of dollars by ABC for providing financial advice.
Eddie groves
ABC Learning run like a chain of laundromats
Questions of service quality arise when trying to run what should be a local community services like a chain of laundromats, writes Eva Cox.
Groves scoops up ABC Learning options at below market value
What was Eddie Groves thinking when he issued himself with millions of share options at below market price?
WYD heaven-sent for brothel industry
Brothels in Sydney are experiencing a severe downturn in business due to the cost of living pressures on ordinary Australians. So thank God for WYD, writes Chris Seage.
Time to put ABC Learning out of its misery
While withdrawing government subsidies would be extremely messy, perhaps a government takeover bid for the whole company is the order of the day, writes Stephen Mayne.
ABC Learning keeps centres open, closes down share trading
ABC Learning shares went into a trading halt this morning as the directors started to come clean on the scale of their margin calls, writes Stephen Mayne.
Crikey Says: Crikey Says
Australia doesn’t produce too many world leaders, but ABC Learning was one of them. Pugnacious Brisbane Rich Lister Eddie Groves and his wife created the world’s biggest child care company, backed by the Singapore Government as the largest shareholder and complete with former Children’s Minister Larry Anthony on the board.
ABC learning the hard way as profits slump
In the space of one earnings announcement whatever shreds of credibility which Eddie Groves and ABC Learning Centres once had was stripped away and laid bare, writes Adam Schwab.
Austock the latest investment house to be shunned
While much speculation has surrounded the future of Tricom, the listed Austock, another mid-tier local investment house, has been shunned by investors, writes
