Mirvac
News and interviews on Mirvac including trends, features, blogs and community conversations from an Australian business perspective.
Interest rate shocks fail to dim the great Australian dreamWednesday, 23 May 2012
The residential property market stabilised in 2009-10 in line with improvements to domestic, economic and financial conditions. ...
Retail rich lister Brett Blundy buys bulk goods centre for $49 million
Thursday, 09 September 2010
Rich list member Brett Blundy, best known as the owner of the Diva and Bras N Things retail chains, has added to his burgeoning bulk goods property empire by acquiring a homemaker centre in Sydney's south for $49 million. ...
Seek profit up 62% to $89 million, Fosters slumps to big loss: Economy Roundup
Tuesday, 24 August 2010
Online job listings site Seek has recorded a 62% increase in full year net profit to $89.5 million, up from $55.3 million in 2009, with revenue up by 34.7% to $280.7 million. ...
Government set to clarify rules for managed investment trusts
Friday, 07 May 2010
The Government will take another step towards reforming Australia's complex trusts laws by making changes to the laws governing managed investment trusts. ...
Rudd flags tax cuts in Henry Review: Economy Roundup
Thursday, 29 April 2010
Prime Minister Kevin Rudd has flagged the possibility of tax cuts to be included in the Government's response to the Henry Review, due on Sunday after an 18-month wait. ...
Unemployment steady in March: Economy Roundup
Thursday, 08 April 2010
The unemployment rate has remained constant at 5.3% during March, according to the latest figures from the Australian Bureau of Statistics. ...
Services sector contracts for third consecutive month, Shares keep climbing: Economy Roundup
Wednesday, 07 April 2010
Activity in the Australian services sector continued to contract for a third consecutive month in March due to weakness in consumer demand negating gains in property and health, new figures from the Australian Industry Group have revealed. ...
Business confidence rises in January, but conditions still soft: Economy Roundup
Tuesday, 16 February 2010
Business confidence has surged during January, but actual business conditions have declined mainly due to weaker trading and profits, the latest NAB monthly business survey results show. ...
THE WEEK AHEAD: Spotlight on the RBA
Monday, 15 February 2010
With all the focus on debt and deficits run up by countries across the globe, it is pleasing that Australia's name hasn't been brought up. In fact, if Australia has been mentioned in despatches, it has merely been to contrast the strength of our position compared ...
Toll road operator Connector Motorways collapses with debts of $1.16 billion
Thursday, 21 January 2010
Connector Motorways has collapsed into administration with $1.16 billion in debt after the expiry of a fourth stay of execution from financial backer MBIA Insurance. ...
Unemployment rises to 5.8%: Economy Roundup
Thursday, 12 November 2009
The unemployment rate has moved 0.1% higher during October on a seasonally adjusted basis to 5.8%, according to the Australian Bureau of Statistics. ...
The RBA hopes raising rates will cool the housing market, but that could be dangerous: Gottliebsen
Wednesday, 07 October 2009
Ballooning house prices caused the October interest rate increase, so the question all Australians will now be asking is whether dwelling prices are likely to fall given the prospect of further interest rate increases in the months ahead. ...
Swan announces deficit reduction, Stevens signals rate rises, market rises after Wall Street rally: Economy Roundup
Tuesday, 29 September 2009
The Federal Government has announced the final budget deficit for the 2008-09 year was $27.1 billion, down $5 billion from the original forecast. ...
THE WEEK AHEAD: Will business investment rise?
Monday, 24 August 2009
There is one stand out event in the coming week, namely the June quarter business investment figures, released on Thursday. Apart from that key indicator it is a rather tame affair on the economic calendar with car sales data released on Monday and construction ...
Property developers Mirvac and Devine slash profit forecasts
Thursday, 04 June 2009
Australia might not be in recession, but the downturn continues to batter property development groups. ...
Property developers Mirvac and Devine slash profit forecasts
Thursday, 04 June 2009
Australia might not be in recession, but the downturn continues to batter property development groups. ...
Cashed-up Queensland property investor nabs Brisbane office bargain
Tuesday, 19 May 2009
Canny Queensland property investor Clive Berghofer has snatched up a newly-completed commercial development in Brisbane for $67.5 million, about $6 million less than the property sold for just two years ago. ...
More wealthy families snatch commercial property bargains
Thursday, 16 April 2009
Australia's wealthy families continue to pile into the commercial property sector in search of bargains, with the Roth and Roberts families the latest to swoop on bargains. ...
Billionaires swoop on office and coastal property bargains
Thursday, 09 April 2009
Tumbling property prices are tempting some of Australia's wealthiest entrepreneurs into the market. ...
Unemployment rate jumps to 5.2%
Thursday, 12 March 2009
Australia's unemployment rate has jumped to 5.2% in February as the global financial crisis continues to tear through the economy. ...
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