News.com.au (Free subscription) | 08/11/2008
EDDY Groves - the founder of the collapsed ABC Learning Centres - lived a lavish lifestyle with his mistress during its boom years.
Courrier Mail (Free subscription) | 08/11/2008
High life for ABC's Eddy Groves and his girlfriendPaul Weston and Kay DibbenEDDY Groves and his girlfriend stayed for weeks at the Gold Coast's luxurious Palazzo Versace hotel and dined at the best local restaurants.They wore expensive jewellery and took turns to drive their flash imported cars.When he flew overseas for business, she would go with him – first class, of course....
News.com.au (Free subscription) | 07/11/2008
IN the blame game over the collapse of ABC Learning Centres, co-founder Eddy Groves says he's behaved ethically.
News.com.au (Free subscription) | 01/11/2008
FALLEN childcare high-flyer Eddy Groves is being sued $44.2 million by his estranged wife as the couple's divorce turns caustic.
News.com.au (Free subscription) | 01/11/2008
FALLEN childcare high-flyer Eddy Groves is being sued by his estranged wife as the couple's divorce turns caustic.
Courrier Mail (Free subscription) | 01/11/2008
FALLEN childcare high-flyer Eddy Groves is being sued for $44.2 million by his estranged wife as the couple's secret divorce gets uglier.
Courrier Mail (Free subscription) | 23/10/2008
EDDY Groves was engaged in a private property development business around Las Vegas with a builder who also constructed US childcare centres for ABC.
Courrier Mail (Free subscription) | 29/11/2008
... was committed to building the 260 centres by 2014, including 38 by 2010.Meanwhile, ABC founder Eddy Groves has been granted an extension to file paperwork responding to a lawsuit lodged by his estranged wife, Le Neve Groves.Mr Groves, who was in Brisbane last week with his girlfriend Viryan Collins-Rubie, is being sued for $44.2 million.He had 28 days from October 23...
International Herald Tribune (Free subscription) | 28/11/2008
... can get you in the area of community services."ABC opened in 1988 as a single kindergarten run by Eddy Groves, an entrepreneur based in Brisbane. The company grew slowly until the late-1990s, when the conservative government at the time stopped subsidizing nonprofit child care centers and introduced a market-based approach that gave parents tax rebates they could spend on whatever...
Blogocrats (Free subscription) | 17/11/2008
... ABC News report says that the company was receiving “$1 million a day in child care rebates”. So - Eddy Groves was reliant on our taxpayers money to grow his company. The Singapore government investment company, Temasek Holdings, is one of the companies that stand to lose quite a bit of money in ABC Learning. In the past year it has spent about $400 million in buying shares in ABC...
News.com.au (Free subscription) | 11/11/2008
... than six months after the Bullets, a foundation club of the old NBL, folded in the wake of owner Eddy Groves's financial collapse. "Basketball Queensland has been pretty active in leading the discussion with a number of interested parties," Derwin said. "While the time frame is tight, a little under 12 months from the relaunch of the league, it doesn't allow a new team a lot of time,...
Courrier Mail (Free subscription) | 08/11/2008
CHILDCARE tsar Eddy Groves walked into the office of Wall Street investment bank Bear Stearns to meet cigar-puffing chief executive Jimmy Cayne.
Courrier Mail (Free subscription) | 09/11/2008
THE mistake Eddy Groves made in his rapid expansion of ABC Learning Centres was believing that a human-focused business could be run like a McDonald's chain.
Courrier Mail (Free subscription) | 06/11/2008
EDDY Groves changed the entire face of child care in Australia. It is now going to change again with the fall of his ABC Learning Centres.
The Earth Times Online Newspaper (Free subscription) | 06/11/2008
Sydney - Australia's cash-strapped ABC Learning Centres Ltd called in the receivers Thursday after banks it owed 1.3 billion Australian dollars (910 million US dollars) called in their loans. ABC, founded by South African-born Eddy Groves, was the wo...
