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 tight control over most of its products except for one: Gasoline. Its gas stations, usually located adjacent to warehouse stores, often undercut competitors -- and as a result, can have long lines of waiting cars. Costco can sell gas at between 6 cents and 12 cents below the market price, according to research firm Trefis. It discounts gas in the hopes that people will fill up and then head over to its stores. But the volatile swings in gas prices don't help Costco.