Westfield owner goes for build-to-rent in London

Westfield owner goes for build-to-rent in London

"This new residential quarter in the heart of Stratford City is an example of the group's strategy to significantly increase the densification of exceptional and highly connected retail destinations by adding offices, residential, hotels and other uses, where relevant," said Olivier Bossard, group chief development officer at Unibail. Disposal program Construction work is set to…
NSW Labor promises larger budget surplus

NSW Labor promises larger budget surplus

The costings also don't include the price of Labor's offer to increase public service wages by more than 3 per cent, which is above the current 2.5 per cent limit imposed by the Coalition. The budget office said it couldn't calculate the wages cost "because any benefits would occur on an agreement-by-agreement basis and, for…
Costa Group chief Harry Debney sells shares

Costa Group chief Harry Debney sells shares

At least you can't accuse him of selling at the peak. The chief of avocado grower Costa Group sold 825,000 ordinary shares last week, to fund his purchase of some 619,944 options and pay off an income tax bill. According to Monday's notice, Harry Debney sold for an average of $5.28 a share (netting $4.4…
ASX ends volatile day slightly higher

ASX ends volatile day slightly higher

Fortescue Metals Group advanced 5.4 per cent to $6.83, as the premium between higher and lower grade iron ore continued to narrow. Newcrest Mining shares also rose, up 0.9 per cent to $24.95. Macquarie Group was also amongst the market leaders, rising 0.8 per cent to $128.78, after being upgraded by Morgan Stanley. Zip Co…
ACMA investigating Christchurch terrorist attack coverage

ACMA investigating Christchurch terrorist attack coverage

The Australian Communications and Media Authority has begun a formal investigation into whether Australian television broadcasters breached content rules in their coverage of the Christchurch terrorist attacks last Friday. "The ACMA's investigation will focus on any content of the perpetrator-filmed, live-streamed footage of the shootings that was broadcast on Australian television," ACMA said in a…
CBA backs down from $100m ATO stoush

CBA backs down from $100m ATO stoush

The ATO began rejecting R&D incentive claims and auditing other claims after forming a view that specific consultants were being too aggressive in the claims they were making on behalf of listed firms and start-ups. Deloitte, which has also made R&D rebate claims worth tens of millions of dollars on behalf of NAB and ANZ…
UK regulatory expert backs call for higher bank capital

UK regulatory expert backs call for higher bank capital

“The best thing would be to just have enough equity in the banking system that you could be pretty confident that in almost all states in the world the only people who would suffer in a crisis would be bank equity owners. “That would provide a powerful incentive for them to keep an eye on…
Brookfield unlikely to fight Aussie super funds for mega-deals

Brookfield unlikely to fight Aussie super funds for mega-deals

Mr Flatt said the deal was an example of the way funds management was becoming super-sized, both in the size of the deals and the size of the clients. “What’s happening in the investment world, but also in the alternatives world, is that institutions are getting bigger, and what that means is they need to…
In Christchurch, where lucky is a bullet in the spine

In Christchurch, where lucky is a bullet in the spine

It is a story that everyone here is close to. Christchurch is approximately the size of Canberra. Some close friends of my family have Muslim neighbours next door. On Friday, they were called on to look after the neighbours' kids, whose father had been at the mosque and hadn't returned. Their mother had gone to…
Christchurch: a wound on the national identity

Christchurch: a wound on the national identity

New Zealand, a largely irreligious country, has never had an issue with religious extremism or any problem with Muslim groups. The National Front, New Zealand's alt-right political party, is based in Christchurch, but it never makes a dent in the polls. The city itself has had an influx of migrants since the 2011 earthquake as…

Must Read

- Advertisement -