Square Metres: Landlord extends his CBD portfolio with magnate making biggest Perth city sale of 2023
Property magnate Randal Humich has made a multi-million-dollar addition to his family’s property portfolio with the biggest Perth CBD retail property sale of the year.
Australian workers ‘running to stand still’: PC
The “productivity bubble” of the pandemic has worn off and a key economic body says investment and innovation are needed to keep living standards improving.
Hurdles for Brookfield’s mega green plan for Origin
The competition regulator’s approval of the $18.7bn takeover bid for energy retailer Origin has thrown a spotlight on the bold promises of a $20bn-$30 bn renewable energy roll-out in Australia by Canadian investment giant Brookfield.
Ai Group boss Innes Willox claim IR reforms are an ‘incoherent mess’ and will damage productivity
Ai Group has argued the Federal Government’s latest round of industrial relation reforms will stifle innovation and “undoubtedly discourage investment” in the Australian economy.
Baby Bunting chief executive Mark Teperson says challenges and opportunities from changing millennial spending
Infant retailer Baby Bunting’s new boss warns of impact on spending of the company’s biggest consumers after the company finished below expectations last year.
New millennial parents facing spending crunch
Retailer Baby Bunting has warned the financial strains experienced by younger parents, especially millennials, whether they rent or have a mortgage is placing pressure on discretionary spending which includes the types of products its sells such as prams, toys, strollers and clothing.
ACCC clears Canadian fund’s $18.7b takeover of Origin Energy
The competition watchdog has approved the acquisition of Australia’s largest energy retailer by international funds giant Brookfield and its consortium partner MidOcean.
Gemma Acton: Why the wealth gap is harmful to economic growth
While wealth has been increasing, retail spending has trended flat for a year now. That’s despite prices rising, indicating we’re buying less overall, it’s just costing us more.