Page 17 - Vicinity Centres News Today

The first Big Wednesday of earnings season also brought key results from Santos, Pro Medicus, Netwealth, Fletcher Building, Vicinity Centres and Pact Group.

Australian shares are set to drop as markets retreated midweek under the double whammy of inflationary pressures and the Ukraine crisis.

The song Boom, Boom, Baby was regrettably sung by someone called Crash Craddock but the positive economic rebound signs are mounting up.

Wall St fired up yesterday, with the Dow ending up over 400 points and the Nasdaq jumping 2%. The ASX is expected to follow suit, with ASX futures up by 1%...

Vicinity Centres, which runs Australia’s biggest shopping centre, says the quick return of shoppers with intent to spend is driving a bounce in retail sales.

How is the economy performing both here and overseas?

Shopping centre transactions hit a record $12.8 billion last year, but the deal-making shows no sign of slowing with $1 billion worth of retail real estate hitting the market this week alone.

Losses in the information technology and healthcare sectors outweighed energy gains leading to a -6.4% total decline for the ASX200 in January, as the spectre of rising interest rates increased volatility

The contracts for administration, custody and financial advice services at Commonwealth Bank Group Superannuation will soon be handed over to new providers, ending some long-standing relationships.

Australia’s biggest gold miner rediscovered its mojo during Peter Hay’s eight years as chairman, but the company was nearly lost into an American merger.