SEALED: RAC bought the remaining 50.1 per cent of St Ives for an undisclosed sum last week. Photo: Annaliese Frank

St Ives in RAC stable

MOTORING, travel and financial services operator RAC has taken full ownership of the St Ives Group retirement property business after writing down the value of its half share by $17.1 million, an impairment which drove the not for profit’s bottom line into the red.


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WA Revenue

3rd↓St John of God Health Care$1.69bn
5th-Geraldton Fishermen's Co-operative$303.2m
58 not for profit businesses ranked by WA revenue most recent financial year

Number of Employees

Not For Profit Businesses

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