Page 26 - Universal Store News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Premium Content Subscriber only Almost $45m has been splashed on three Sunshine Coast pubs in less than two months as former owners called last drinks. ALE Property Group recently sold Pelican Waters Tavern and the Noosa Reef Hotel and the Scanlon family also offloaded Surfair at Marcoola in an off-market sale. Industry heavyweights Hotel Property Investments and Australian Venue Co snapped up the iconic Surfair after a discreet sales campaign by HTL Property's Glenn Price and Brent McCarthy. It is believed the beachfront hotel sold for $20m. Having previously sold the hotel to the Scanl...

Solomon Lew’s Premier Investments bows to pressure to repay JobKeeper subsidies, and will refund $15.6 million in net benefits to the Tax Office.

‘Indomitable spirit’ of young shoppers keeps Universal’s sales soaring We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement When asked why her fashion empire decided to pay back, rather than pocket, $3 million worth of the government’s JobKeeper funds, Universal Store chief executive Alice Barbery doesn’t blink. “I’m a youth fashion retailer, and this debt is a young person’s debt,” she says. “If COVID gets bad again, and people are sent back out on the public purse, we fe...

Image Source: Getty Images Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a large number of broker notes this week. Three broker buy ratings that have caught my eye are summarised below. Here’s why brokers think these ASX shares are in the buy zone: According to a note out of Credit Suisse, its analysts have initiated coverage on this online furniture and homewares retailer’s shares with an outperform rating and $12.54 price target. The broker believes the company is well-positioned in a large and gr...

3 exciting small cap ASX shares for your watchlist James Mickleboro | April 27, 2021 10:30am | More on: Image source: Getty Images The small end of the Australian share market is home to a number of companies with the potential to grow materially in the future. Three that investors might want to get better acquainted with are listed below. Here’s why they should be on your watchlist: Audinate is a leading digital audio-visual networking technologies provider. The key product in its arsenal is its popular Dante audio over IP networking solution. This solution is used ac...