Over 50 years, Meriton Group has grown to become Australiaâs largest and most successful residential developer, having built, sold and leased over 60,000 residential and serviced apartments across Sydney, Brisbane and the Gold Coast.ver 50 years, Meriton Group has grown to become Australiaâs largest and most successful residential developer, having built, sold and leased over 60,000 residential and serviced apartments across Sydney, Brisbane and the Gold Coast.
3 Reasons Costco Has Membership Fees. Numerous critics say prices at Costco Wholesale Corp. (COST), the members-only, big box discount retailer, aren't competitive. Its membership fees â $55 per year for a basic card or $110 per year for a 2% cash back card â are also too high, they say. But Costco uses a subscription model of business for three reasons.
Costco has found a way to deter theft in its stores: charge people to shop. It's unlikely that shoplifters will spend $55 a year for the opportunity to steal. Costco notes, in its 2014 financial report, that the company's theft rate is âwell below those of typical discount operationsâ and credits it to membership fees.