Property market’s spring selling season subdued due to inflation,interest rate concerns

Property market’s spring selling season subdued due to inflation,interest rate concerns

Domain and REA Group have both warned that surging inflation and rising interest rates have led to a slowdown in the residential property market.

  • byZoe Samios

Latest

Qantas’ multimillion dollar bonuses hit turbulence ahead of AGM

Qantas’ multimillion dollar bonuses hit turbulence ahead of AGM

Shareholders have been advised to reject a bonus scheme set to deliver a lucrative payment to CEO Alan Joyce as the airline’s performance hurdles aren’t deemed challenging enough.

  • byColin Kruger
‘We can do it again’:Magellan CEO targets $100b revival

‘We can do it again’:Magellan CEO targets $100b revival

The ailing fund manager’s CEO David George says the group can almost double its funds under management over the next five years,as the investment landscape adjusts to higher rates.

  • byColin Kruger
‘We should avoid hubris’:Telstra chair defends Optus,reveals retirement plans

‘We should avoid hubris’:Telstra chair defends Optus,reveals retirement plans

Telstra chairman John Mullen has announced plans to retire from his position and has come to the defence of rival Optus after its historic cyberattack.

  • byZoe Samios
Myer board on collision course with billionaire shareholder

Myer board on collision course with billionaire shareholder

The department store operator’s board has pushed major shareholder Solomon Lew to put up or shut up on taking over the reins at the retailer.

  • byColin Kruger
News Corp shareholder pushes for transparency on lobbying efforts

News Corp shareholder pushes for transparency on lobbying efforts

Kenneth Steiner,who owns about 500 shares of Class B common stock in News Corp,is asking it for better disclosures on government lobbying.

  • byZoe Samios
Advertisement
‘Great news’ or ‘blood in the Long Room’? MCC members split over proposed rate changes

‘Great news’ or ‘blood in the Long Room’? MCC members split over proposed rate changes

Melbourne Cricket Club’s proposal to change the discount for 50-year members has elicited a mixed bag of responses from long-term patrons,creating a schism through the stands ahead of their AGM.

  • byNell Geraets
NAB targets 1-hour loan approvals in big four mortgage processing war

NAB targets 1-hour loan approvals in big four mortgage processing war

NAB faced a series of questions about corporate culture,financial crime compliance and climate change during its annual general meeting on Friday.

  • byCharlotte Grieve
‘We got it wrong’:ANZ pledges to speed up mortgage approvals

‘We got it wrong’:ANZ pledges to speed up mortgage approvals

ANZ chairman Paul O’Sullivan has vowed to turn things around after admitting the major bank failed to meet the surging demand for home loans during the pandemic property boom.

  • byCharlotte Grieve
Microsoft feels heat from shareholders after Bill Gates accusations

Microsoft feels heat from shareholders after Bill Gates accusations

Microsoft shareholders have piled pressure on the company to increase transparency over its sexual harassment record in the wake of allegations made against Bill Gates.

  • byJames Titcomb
‘The past is the past’:News Corp’s Rupert Murdoch urges Trump to move on from 2020 defeat

‘The past is the past’:News Corp’s Rupert Murdoch urges Trump to move on from 2020 defeat

Rupert Murdoch has told former president Donald Trump to move on so that conservatives can focus on the future.

  • byZoe Samios