Page 22 - Vicinity Centres News Today

The iron ore miners led Thursday’s losses; South32 reports $US195m loss; Newcrest doubles dividend; Auckland Airport reports first underlying loss in history. Follow the latest here.

The S&P/ASX 200 Index fell almost 9 points to 7502.1 on Wednesday. BHP lost 7 per cent to $47.70.

Source: Inside Retail Melbourne’s Bayside Shopping Centre has become Victoria’s first shopping centre-based vaccination hub, and expects to give easy access to COVID-19 vaccines for 500,000 local residents. “We are pleased to have opened the Frankston Community Vaccination Hub at Bayside Centre, where we are able to provide this important service in a central, easy to access location to our community,” said Peninsula Health executive director of operations Helen Cooper. The temporary cl...

-Positive for residential real estate, office concerns easing and caution on Melbourne malls -Two top picks in the small-cap defence sector -Citi’s bullish view on the global fertiliser outlook By Mark Woodruff Real Estate: Fresh perspectives In the early stages of a post-covid world, some fresh real estate perspectives from Morgan Stanley alleviate some concerns around suburban offices and highlight that residential intentions remain bullish. There is, however, another reason to be cautious...

By Charlotte Grieve Westpac has today announced the sale of its insurance business to Allianz has been finalised, as the big four banks continue to simplify operations and return to traditional banking. Westpac announced its intention to sell its general insurance business in December last year and has now completed the sale to Allianz for $725 million, which involves a 20-year agreement for the distribution of general insurance products to Westpac’s customers. Westpac chief executive Peter K...

18 May 2021    4 min read Digital transformation is one of the top three challenges facing marketing leaders today. Teresa Sperti writes exactly how marketers can be better prepared to drive meaningful change in their organisations. There aren’t too many businesses these days that aren’t undergoing a transformation of sorts. Most industries and sectors have been impacted and disrupted by heightened competition, changing customer expectations and globalisation all of which have been broug...

Mall giant Vicinity says shoppers are staying for longer and spending more We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Australia’s second-largest retail landlord Vicinity Centres says shoppers are spending more money on each visit to its centres, an early sign of recovery for the nation’s hard-hit shopping malls. But Vicinity, which owns and manages 60 malls nationwide, said retailers’ confidence is ...

In 2017, City of Stonnington Councillors approved Percy Treyvaud Memorial Park in Malvern East as the site of a new multi-purpose sport and recreation...

It’s raining sales for retailers Shoppers started spending last year and haven’t stopped, with retailers still enjoying boom conditions despite another feared slowdown. Business by ELI GREENBLAT Premium Content Subscriber only Shoppers turned on the spending taps in the pandemic last year and havent stopped in 2021, filling homes with consumer goods and raining money on retailers. Foot traffic in premium shopping centres is growing and retai...

-CBA enters BNPL to protect market share -New vehicle sales up 22% in March -Online marketplaces ripe for consolidation -Employers with hybrid work strategies could have 20-25% remote employees By Mark Story CBA’s BNPL entry Having taken a stake in the buy now pay later (BNPL) firm Klarna in 2019, Commonwealth Bank ((CBA)) is launching its own BNPL product to the bank’s consumers, which can be used anywhere Mastercard is accepted. Morgan Stanley believes Commonwealth Bank’s decision to la...