Roll up, roll up
Article Abstract:
Australian company Stockford Ltd acquired more than 45 accounting and other business and finance-related firms, for approximately $A1-$A6 million per firm, in an attempt to become the largest consolidator in the country. A competitor, Tasman Group, is in the process of acquiring small and medium-sized firms for a total of $A50 million.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2001
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Fine tuning
Article Abstract:
The practise of gearing can offer a way for investors' to solve their wealth accumulation problems, but it comes at high risk to both investors and their advisers. Gearing is the practise of borrowing money to invest in an investment group or chosen class of assets.
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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