News archive from 1 June 2013

Lower $A not all bad for REITs

But the overall impact will be of less concern than five years ago, when more of the Australian REITs owned assets overseas. Many have now sold the properties as they focus on domestic investments. Westfield remains the international REIT for...

 

Federation gets the tick

During the week, group chief executive Steven Sewell said the distribution of 7.5¢ for the half-year was a substantial increase on the distribution of 6.6¢ for the half-year to December 2012, with the board also making the decision to move the payout...

 

Lower $A not all bad for REITs

But the overall impact will be of less concern than five years ago, when more of the Australian REITs owned assets overseas. Many have now sold the properties as they focus on domestic investments. Westfield remains the international REIT for...

 

Federation gets the tick

During the week, group chief executive Steven Sewell said the distribution of 7.5¢ for the half-year was a substantial increase on the distribution of 6.6¢ for the half-year to December 2012, with the board also making the decision to move the payout...

 

Lower $A not all bad for REITs

But the overall impact will be of less concern than five years ago, when more of the Australian REITs owned assets overseas. Many have now sold the properties as they focus on domestic investments. Westfield remains the international REIT for...

 

Federation gets the tick

During the week, group chief executive Steven Sewell said the distribution of 7.5¢ for the half-year was a substantial increase on the distribution of 6.6¢ for the half-year to December 2012, with the board also making the decision to move the payout...

 

Eurozone jobless hits record 12.2 percent

The eurozone unemployment rate hit a fresh record of 12.2 per cent in April, with 19.2 million people on the dole as recession continued to sap the economy. The Eurostat data agency said that in the 12 months to April a total 1.6 million people lost...

SBS, 10:19 in Business
 
Perth airport passengers warned of delays

Perth airport passengers warned of delays

The union, United Voice is warning of more industrial action at Perth's domestic terminal over the weekend.Security screening staff at the Qantas terminal walked off the job for six hours on Friday night after five employees of contractor MSS Security...

ABC News, 10:54 in Business
 

Stars of the sustainable show

Electricity generation, water harvesting, even food production may become commonplace in commercial buildings as owners battle with rising energy costs and seek to minimise environmental impacts, said Robin Mellon, chief operating officer of the Green...

 

Stars of the sustainable show

Electricity generation, water harvesting, even food production may become commonplace in commercial buildings as owners battle with rising energy costs and seek to minimise environmental impacts, said Robin Mellon, chief operating officer of the Green...

 
Stars of the sustainable show

Stars of the sustainable show

Australians should start thinking of buildings as producers not consumers, given the pace of efficiency gains over a decade of voluntary Green Star ratings, an industry expert says. Electricity generation, water harvesting, even food production may...

 

Residential rises in the south

This has been active from Parramatta, where offices sites have been bought for new housing and apartment projects, to South Sydney. But according to Nicholas Hogg, of Nicholas Hogg Commercial, this is hurting the office market. ''In Parramatta since...

 

Kings Cross golden mile shining again

The buyers include overseas and local investors who have identified the area for its underlying capital values and proximity to the city and Sydney's eastern suburbs. According to agents, the busiest sector has been in hotels, both pubs and...

 

Owner-operators return to pubs

In the past, the pub sector had fallen into disarray as properties were bought by investors at inflated prices. These owners were not publicans and many of the businesses felt the pressure from poor management. They were then sold at low prices to...

 
Budget boost for first homebuyers

Budget boost for first homebuyers

The ACT Government is increasing the first homeowners grant in an effort to boost the residential construction sector.Tuesday's budget will include a rise in the grant from $7,000 to $12,500 from September. But the grants will only apply to new houses...

ABC News, 12:27 in Business
 
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