Business
Companies
Record traffic and inflation drive toll road bonanza
Road traffic growth and inflation-linked toll rises helped tollway giant Transurban earn nearly $1 billion from Melbourne’s drivers.
- by Simon Johanson
Latest
Matildas bring ‘halo effect’ for Seven but commercial windfall limited
Seven West Media boss James Warburton has toned down expectations of how much the network has benefitted from the success of the Matildas.
- by Calum Jaspan
Retail sales slide, but Vicinity shopping centres prove ‘resilient’
Visitors to the retail property group’s sites, including Melbourne’s Chadstone, climbed more than a third following a recovery in tourism and as more workers returned to the office.
- by Stephen Miles
Opinion
Women of Influence
Why appointing a female CEO to run a big company doesn’t feel like progress
What passes for success – or even progress – is still a low bar.
- by Elizabeth Knight
Drinks giant Endeavour cheers profits as Australians flock to pubs, pokies
Consumers keep heading out to bars and bistros despite the rising cost of living, but the drinks retailer warns its recent double-digit growth can’t continue.
- by Jessica Yun and Amelia McGuire
Mirvac, Dexus swing to losses on empty offices
Falling office property valuations, bad weather and the effects of rising interest rates have become strong headwinds for the two major real estate investment groups.
- by Carolyn Cummins
Opinion
Global economy
The good, the bad and the very ugly: Chinese giant faces collapse
Once China’s biggest real estate developer, Country Garden is on the edge. And doubts are growing over whether its 41-year-old major shareholder will dip into her fortune to try to rescue it.
- by Shuli Ren
Rents soar: Manufacturer Central Steel finds a new home in low vacancy market
The manufacturer has signed a lease for a 10,301 square metre industrial warehouse at a new speculative development in Somerton, in Melbourne’s north.
Charter Hall, Region boosted by food as apparel demand wanes
Signs are emerging that shoppers are tightening their belts as retail landlords warn the rate of sales growth has dipped as the cost of living pressures increase across their apparel and more discretionary-style tenants.
- by Carolyn Cummins
CSL aims to get better bang for buck from plasma
The ASX heavyweight and the nation’s largest healthcare company is looking to make its operations more efficient to counter inflation and currency woes.
- by Emma Koehn
Temple & Webster bears the brunt of spending slump
The Millennial-focused furniture retailer is sticking to its script despite a hefty hit to its full-year profit as customers switch to budget-friendly options.
- by Emma Koehn