We’re not risk-takers here at CBD, so we’re heartened to see the posh Peninsula Kingswood Country Golf Club taking a belt-and-braces approach to fire safety.
“We understand that this will cause some inconvenience to members. However, the risk is now too real to ignore following the Eastern Golf Club incident which destroyed their clubhouse,” Wilson wrote.Thankfully, Peninsula’s golfers will not be expected to get themselves and their gear around the links under their own steam; the club’s own electric buggies will continue to roll, powered by new batteries that are subject to a stringent maintenance regime, Heath reckons.
So we were intrigued to see Kearns’ long-term performance incentives have been topped up – well, doubled – by an impressive-sounding 1.5 million shares. We won’t get too carried away, they were worth 24¢ each on Monday, but still.