Photo: White Lady Funerals (InvoCare)
The Financial review has just published an interesting article (6/8/2018) about the fierce competition for funeral businesses by two ASX-listed operators (InvoCare & Propel Funeral Partners) looking to expand their market share and start to drive price tags up.
InvoCare and Propel step up regional funerals fight
Why consumers and family owned funeral homes should be concerned?
Peter Erceg, Founder of eziFunerals said, “These latest acquisitions by InvoCare and Propel Funeral Partners may be good news for shareholders, but not for grieving families and independents”.
“InvoCare and Propel Funeral Partners are reporting higher and higher profits as they continue to increase their footprint and buy out small operators to increase their market share, at the expense of consumers”, he said.
According to eziFunerals, “unless consumers know who owns their local funeral home and shop around, they will continue to hit with rising costs and a lack of choice. This is not in the interests of grieving families and family owned funeral homes”.
COMMUNITY GRIEVES THE LOSS OF ANOTHER FAMILY OWNED FUNERAL HOME
INVOCARE EXPANDS ITS FOOTPRINT AT THE EXPENSE OF GRIEVING FAMILIES
WILL AUSTRALIA’S FUNERAL WATCHDOG FOLLOW THE UK?
WHO OWNS THE FUNERAL HOME YOU ARE CONSIDERING?
DO WE NEED A ROYAL COMMISSION INTO THE FUNERAL INDUSTRY?
RIP OFF’ CLAIMS FORCE INQUIRY INTO THE FUNERAL INDUSTRY
About eziFunerals
eziFunerals is a free consumer advocacy and funeral planning platform that supports individuals and families cope with end of life decisions, death and funerals. We are an independent, Australian-owned and operated company, and are not a subsidiary of any other corporation. We are not part of any other funeral company. Founded by consumers frustrated by how difficult it was to get independent information, eziFunerals supports consumers plan a funeral, compare prices and select the right funeral director anywhere, anytime.