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Market Sensitive
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Dec 17, 2024
- 6 pages
Notification regarding unquoted securities - MGR
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 4, 2024
- 6 pages
This Month
Japanese giant in mega housing deal with Mirvac
The deal marks the next wave of Japanese investment in Australian property as trading companies seek out opportunities.
- Michael Bleby
November
Mirvac taps stamp duty exemptions to sell luxury Melbourne apartments
News of the sales – and strong demand for a Sydney development with no tax break – raise questions about who should benefit from stamp duty cuts.
- Michael Bleby
Business says Trump’s return turns up competition for investment
Executives from Telstra, QBE, Challenger and Mirvac have warned that the US and even Britain risk pulling away from Australia by cutting red tape.
- Updated
- Jonathan Shapiro
- Opinion
- Chanticleer
This is why Australia is stuck in a rut
Low investment and productivity growth has left the country’s economy in the doldrums. The short-term challenges are large, but we can’t forget the long term.
- James Thomson
October
How to have a job you love, save the world and earn up to $800k
This week BOSS speaks to four executives who are helping to save the planet. All have a high level of job satisfaction, and all earn decent money. It appears it is possible to have it all.
- Sally Patten
September
- Exclusive
- Luxury property
Darling Harbour apartments with ‘unparalleled’ views to trigger price-war
The double-storey apartments that will overlook Sydney’s Darling Harbour are set to be the newest luxury properties to enter the city’s high-altitude wars.
- Bonnie Campbell
Time to buy into REITs: Barrenjoey
Property stocks have weathered the interest rate storm, according to Barrenjoey, who say investors could be “well served” to increase their exposure.
- Nick Lenaghan
August
- Opinion
- Chanticleer
What I learnt from 30 CEOs in 30 days
The profit season has delivered a confusing picture of an economy stuck between cycles. Here are 30 nuggets to help investors navigate this tricky environment.
- Updated
- James Thomson
- Exclusive
- Building Bad
How construction failures push up costs for builders – and consumers
Union officials with unchecked power on construction sites force builders to cover costs of insolvent subcontractors, which in turn pushes up costs for home buyers.
- Michael Bleby
Australia has a ‘thousand levers’ to pull to increase new home supply
Governments must create an environment that makes it easier to add more housing, including bringing in more skilled tradies, says Mirvac’s development head.
- Michael Bleby
- Opinion
- Chanticleer
The CFMEU’s real secret? Following the money
It’s no coincidence the very worst behaviour of the CFMEU has occurred at the same time the economic cycle has turned in the union’s favour.
- James Thomson
- Updated
- Earnings season
Building cost rises create horror year for Mirvac
One of the country’s largest property developers says profit margins on some big apartment projects have halved, pushing earnings significantly lower this year.
- Updated
- Nick Lenaghan
- Opinion
- Chanticleer
Housing crisis rages, but there’s no money in building flats
The property developer’s shock profit downgrade is all about its struggles to make apartment projects profitable, even as housing shortages worsen.
- James Thomson
Rising costs hit Mirvac margins, new homes
Property developer Mirvac blamed the steep rise in labour and material costs for halving its profit margins on some residential projects, triggering a 13 per cent fall in operating earnings this year.
- Michael Read and Nick Lenaghan
Canberra Airport developer Terry Snow dies
His biggest legacy was in property development and philanthropy, but his family also praised him as “a family man and a man who sought adventures”.
- Ronald Mizen
July
- Exclusive
- Funding
Construction start-up lands mega $105m deal
Melbourne software company HammerTech has landed a $105 million investment from Californian private equity shop Riverwood Capital.
- Tess Bennett
Office funds post their worst performance since GFC
ISPT 50 Lonsdale Street Property Trust and the Mirvac Wholesale Office Fund were the worst performers, posting declines in total return of more than 20 per cent.
- Campbell Kwan
Macquarie says it’s time to buy real estate stocks before rate cuts
The broker has warned that the “best” phases for ASX returns is behind us and is urging investors to buy more defensive companies amid signs that returns are starting to falter.
- Joshua Peach
- Opinion
- Property investment
This fledgling asset class is generating double-digit returns
Investors are earning attractive returns from land lease communities, which can generate an annuity-style income.
- Sam Tamblyn
UBS has a new suggestion for REIT investors – buy battered Mirvac
The bank’s analysts, in a 65-page overview of the sector, said the market had yet to confront the impact of higher interest rates. It expects two increases.
- Kylar Loussikian