News

Dreamworld staff to sue theme park for ‘significant psychological injuries’

First responders to the fatal 2016 Dreamworld accident plan to sue the theme park for “significant psychological injuries”. The ABC reports Dreamworld safety officers John Clark, Shane Green and Rebecca Ramsey, along with engineer Paul Burke, will file a statement of claim against their former employer. It comes amid an […]
Dreamworld staff to sue theme park for ‘significant psychological injuries’
Markets

Ardent Leisure is about to post a major loss

Ardent Leisure, the owner of the fatal Dreamworld ride on the Gold Coast, is heading for a full after tax year loss of between $84 million and $94 million. The company, in reporting preliminary, unaudited results, says it will have a non-cash impairment charge of $38 million, plus $12 million […]
Ardent Leisure is about to post a major loss
Markets

Dreamworld’s CEO is out as the theme park concentrates on safety and PR

The CEO of Dreamworld CEO, Craig Davidson, is leaving 20 months after the accident which killed four people. Ardent, the parent company, also announced the appointment of two key executives. The theme park today committed to the implementation of all Coronial Inquest recommendations. Craig Davidson, the CEO of Dreamworld CEO […]
Dreamworld’s CEO is out as the theme park concentrates on safety and PR
Markets

Ardent Leisure’s CEO has just quit after only 5 months

Simon Kelly has resigned as CEO and Managing Director of theme park operator Ardent Leisure Group. Kelly, a former Nine network senior executive, took over in July this year from former magazine editor Deborah Thomas who departed following the Dreamworld theme park tragedy which left four people dead. Kelly said: […]
Ardent Leisure’s CEO has just quit after only 5 months
Markets

Ardent Leisure has brokered a peace with corporate raider Ariadne, for now

Theme park operator Ardent Leisure has headed off a battle for shareholder votes with corporate raider Ariadne. At the weekend, the board of directors agree to appoint two Ariadne nominees, Gary Hilton Weiss and Brad Richmond, to the board, heading off a vote at an extraordinary meeting of shareholders. Ariadne, […]
Ardent Leisure has brokered a peace with corporate raider Ariadne, for now
Markets

Ardent slashes its dividends, its shares slide again

Ardent Leisure, the operator of Dreamworld theme park on the Gold Coast where four people died last year, is cutting its dividend payout by more than 75%. The company’s second-half payout is 1 cent a share, compared to 5.5 cents last year. This takes the full year payout to 3 […]
Ardent slashes its dividends, its shares slide again
Markets

Deborah Thomas is leaving Ardent with a $731,000 payout

Deborah Thomas, who was CEO of Ardent Leisure during the Dreamworld theme park fatal accident last year, is leaving the company. She goes after two years in the role with a $731,291 payout, about the same as her 12 month average base pay. Thomas had previously stepped down as CEO […]
Deborah Thomas is leaving Ardent with a $731,000 payout
Markets

Deborah Thomas is out as Ardent Leisure CEO

Deborah Thomas is stepping down as CEO of Ardent Leisure Group, the parent company behind the troubled Dreamworld theme park on the Gold Coast where four people died last year. Thomas will leave on June 30 after just over two years in the top job to become the company’s chief […]
Deborah Thomas is out as Ardent Leisure CEO
Markets

Ardent shares rise as visitors slowly return to Dreamworld

Ardent Leisure, the owner of the Dreamworld where four people died last year in a ride accident, says visitors are returning to its theme park. In a trading update today, Ardent reported an improvement in visitor numbers in February. A short time ago, Ardent shares were up 3.2% to $1.60. […]
Ardent shares rise as visitors slowly return to Dreamworld
News

Dreamworld will reopen on December 10

Gold Coast theme park Dreamworld will reopen on Saturday, December 10, six weeks after four people were killed on the Thunder River Rapid ride. Ardent Leisure Group, Dreamworld’s operator, announced the re-opening following the successful completion of the mechanical and operational safety review.   The park has been shut since Kate Goodchild, Luke Dorsett, Roozi Araghi and Cindy Low were killed after the raft they […]
Dreamworld will reopen on December 10
News

Dreamworld will demolish the ride that killed four people

Dreamworld has announced that the ride that killed four people last month will be “permanently decommissioned”. The theme park on the Gold Coast says the Thunder River Rapids ride will be replaced with a permanent memorial. “Out of respect for the memories of Cindy Low, Roozi Araghi, Kate Goodchild and […]
Dreamworld will demolish the ride that killed four people