Stay updated with breaking news from Vicinity Centres. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 clinic is taking up 2,900 square metres of unused space, and is part of the work Vicinity Centres is d...
-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 on retail mall landlords, when they have high exposure to Melbourne/Victoria assets. Of the office...
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 King. Credit:Jessica Hromas A further $25 million is expected to be received by Westpac this calenda...