Eddy Groves

News and interviews on Eddy Groves including trends, features, blogs and community conversations from an Australian business perspective.

Wednesday, 06 June 2012

Court finds former ABC Learning director not guilty in a blow to ASIC

ASIC has been unsuccessful in its attempt to prosecute one of the directors of failed childcare company ABC Learning.
 

Friday, 28 January 2011

Groves pleads not guilty to criminal charges over ABC Learning Centres collapse

ABC Learning Centres founder Eddy Groves, has pleaded not guilty to one charge of breaching the Corporations Act at the Brisbane Magistrate's Court today.
 

Monday, 25 October 2010

8 lessons for the would-be wealthy

Ever wondered what a course for entrepreneurs would look like?
 

Thursday, 14 October 2010

Eddy Groves launches $7.3 million court claim against stockbroker

Eddy Groves launches $10 million claim against listed broking firm Austock, claiming the broker failed to execute a share trade that cost him millions.
 

Friday, 03 September 2010

Eddy Groves launches $10 million legal claim against broking firm

Founder of collapsed childcare giant ABC Learning Centre Eddy Groves launches $10 million legal claim against listed stockbroker Austock.
 

Friday, 06 November 2009

Top Jobs

Fortune magazine in the US has just named Apple boss Steve Jobs as the CEO of the decade. But who would take the prize in Australia?
 

Monday, 20 July 2009

The seven sins of young entrepreneurs

Learning from the common sins of young entrepreneurs can help you avoid your own financial downfall.
 

Wednesday, 01 July 2009

Eddy Groves agrees to have assets frozen

ABC Learning’s Eddy Groves and family agree not to sell assets before hearing.
 

Thursday, 25 June 2009

Near-death by debt

William Scott’s CommQuest group has survived to fight on, but the lesson from its near collapse is clear: debt kills.
 

ASIC applies to confiscate Eddy Groves’ passport

An application to freeze assets of ABC Learning Centres' founder and his family will be heard next week.
 

Wednesday, 15 April 2009

19 ABC Learning Centres to close

Corporate recovery firm PPB has announced that it has found buyers for the majority of the 241 ABC Learning Centres under its control, but 19 will be closed.
 

Tuesday, 14 April 2009

Beautiful one day, awful the next

Things never change in the Gold Coast. The sun is always shining, the beaches are always perfect - and the entrepreneurs always get hammered in a downturn.
 

Thursday, 12 February 2009

25 corporate collapses – and the lessons learnt

There have been some high-profile corporate failures over the past year, and the evidence suggests that the bloodbath isn’t over. We take a look at 25 more prominent cases to draw salient lessons for every business
 

Monday, 02 February 2009

Bids start to roll in for ABC Learning childcare centres

The receiver for the 241 unviable ABC Learning childcare centres says he is happy with the level of interest in the businesses, after the deadline for non-binding bids closed on Saturday.
 

Monday, 19 January 2009

Margin loan crackdown follows Storm Financial disaster

Margin lenders will need to be licensed and warn customers about the risk associated with their products under a new regulatory regime that will be introduced on 1 July.
 

Tuesday, 16 December 2008

The best (and worst) of 2008

The year is quickly winding up, and SmartCompany has reviewed some of the more momentous events of the past year. The result is an impressive list of gong-winners (and some real clangers) that have made 2008 a year to remember. By JAMES THOMSON
 

Friday, 12 December 2008

The year the rich would rather forget

The year 2008 may well go down in history as the year Australia’s richest investors lost their mojo. JAMES THOMSON tracks the downward spiral, and measures the rich top 30’s rate of leakage.
 

Thursday, 27 November 2008

Chaos in childcare may hit employers next year

Deputy Prime Minister Julia Gillard is hell bent on congratulating the receiver of collapsed ABC Learning Centres for providing certainty for parents and employees less than a month after ABC Learning went into receivership. But it’s hard to see why.
 

Friday, 21 November 2008

The ugly end of our great debt delusion: Kohler

The problem with debt is that it makes you feel richer than you really are.
 

Wednesday, 19 November 2008

Another childcare company collapses as questions mount on corporate childcare business model

A second major childcare company has been forced into administration, with CFK Childcare Centres appointing accounting firm BDO Kendalls as voluntary administrator.
 
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