editor
Publisher
Michael Walls
michael@accessnews.com.au
0407 783 413
GREEN LIGHT FOR HUB
THE proposed Bringelly Road business hub, estimated to host more than 650 jobs and create 230 more during construction, has been approved. Situated on the southern boundary of Western Sydney Parklands near the intersection of Bringelly and Cowpasture roads, the hub will include warehouses, smaller retail spaces, a service station and fast food shops. It will be operated by Western Sydney Parklands.
ESCARPMENT GROUP BUYS PEPPERS
THE Escarpment Group, owners of many hotels in the Blue Mountains has purchased the 17-room, circa 1876 Peppers Convent Hotel and restaurant, in the Hunter Valley, for $5 million plus, from businessman Ken Cowley and family. The Escarpment Group’s properties include the Hydro Majestic Hotel and Lilianfels Blue Mountains Resort and Spa.
LEADERSHIP AND OWNER TRANSITION
Most FBs will appoint a new CEO
ACCORDING to an in-depth survey conducted by KPMG Australia, the performance of family businesses peak when the CEO is between 51 and 60. It then declines as the CEO approaches the age of 70 or older.