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Westfield Corporation

June

The top 21 moments in Chanticleer history

The Chanticleer column has charted the highs and lows of corporate Australia since 1974. Here are a few of the highlights.

  • James Thomson and Anthony Macdonald

May

Tim Meurer at Invesco’s sydney office.

Lowy-backed Assembly names new chief investment officer

The real estate investment firm has elevated former Invesco head of acquisitions Tim Meurer to head up its investment strategy.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

April 2023

Steve McCann was elected as a new Scentre Group board member.

Scentre appoints Steve McCann to its board

Over 94 per cent of votes cast at Scentre Group’s AGM backed former Lendlease boss Steve McCann’s appointment to the board of the Westfield mall owner.

  • Larry Schlesinger

August 2022

(left to right) Scentre CEO-elect  Elliott Rusanow and CEO Peter Allen

Scentre outpaces inflation as shoppers return

Customer visits across the Scentre portfolio rose 5.1 pct to 277 million in the 2022 first half and chief executive Peter Allen is confident the full-year tally will hit 500 million.

  • Nick Lenaghan

July 2022

Dean Wills, a long-time boss of Coca-Cola Amatil, has died aged 89.

Former Coca-Cola Amatil boss Dean Wills dies, aged 89

A humble start picking fruit in South Australia’s Riverland was a building block on the way to the very top of Australia’s biggest soft drinks group.

  • Simon Evans
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October 2021

Ex-ambassador Joe Hockey showing off White Oaks’ restored tennis court.

Kangaroo Cup kicks off at White Oaks

Australia’s tennis diplomacy in the United States bedded in a new institution over the weekend. 

  • Myriam Robin

February 2021

Malls rebound but the pandemic isn’t the only tough customer

The pandemic-driven evolution of the retail landscape and consumer trends is remaking a sector that for 40 years enjoyed super-cycle growth.

  • Robert Harley
AMP headlined the half-year reporting season on Thursday.

All the profit results for February 11

On a big day of the interim profit reporting season, we have results from AMP, Telstra, Transurban, Westfield, GrainCorp, ASX, Magellan, Downer EDI, Mesoblast and Ecofibre. Find full reports and analysis here.

  • Updated

December 2020

Shirley Lowy with Frank in 2009.

Shirley Lowy, the woman behind Westfield, dies in Israel

Shirley Lowy, who died in Tel Aviv at the age of 86 on December 9, was dedicated to her role as wife and mother and believed in traditional marriage.

  • Sally Patten

September 2020

Peter Allen says says rent relief "can't last forever".

Time for landlords to wind back rental support: Scentre's Allen

Scentre Group chief executive Peter Allen says the substantial level of support landlords have provided tenants cannot continue forever.

  • Larry Schlesinger

August 2020

Noni B owner Mosaic Brands has been shut out by Westfield owner.

Westfield malls lock out Noni B owner Mosaic Brands

The owner of women's fashion chains Noni B, Millers, Rivers and Katies has been taken by surprise by the swift move to close their doors as the retail rent war heats up.

  • Updated
  • Carrie LaFrenz and Sue Mitchell

April 2020

Scott Morrison

SMEs have two years to pay deferred rent

Small and medium-sized businesses hurt by the coronavirus economic downturn will be exempted from paying part of their rent and given at least two years to catch up.

  • Andrew Tillett and Sue Mitchell

March 2020

Dexus chief executive Darren Steinberg: "We like to think of ourselves as the quiet achievers."

Secrets of an unstressed CEO

He might run one of Australia's biggest owners of commercial real estate, but Dexus chief Darren Steinberg doesn't lose sleep worrying about work.

  • Ingrid Fuary-Wagner

February 2020

Rob Ferguson was on the Westfield board and he admits salaries were high.

Scentre's sales hold up amid retail pressure

Scentre, owner and manager of Westfield shopping centres, has recorded robust sales from its specialty store tenants as it navigates a softening retail environment.

  • Nick Lenaghan

December 2019

About 12 people were injured in the Westfield balloon drop event.

Christmas shoppers crushed in Westfield gift balloon 'stampede'

More than a dozen people suffered chest crushing and other injuries during a "stampede" when shoppers surged to grab gift-filled balloons at Westfield Parramatta at midnight.

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OneMarket chairman Steven Lowy says shareholders will get between 88c and 94c in three to four months but the final distribution could take two to three years.

OneMarket wind-up approved but final payout may take years

OneMarket shareholders voted overwhelmingly to wind up the retail tech stock, which was spun out of Westfield last year and has lost more than $160 million.

  • Sue Mitchell

November 2019

Greg Goodman says consumers' demand for convenience is helping to transform logistics.

Goodman closes in on $5b pipeline as it rides the e-commerce boom

Goodman Group has reaffirmed its expectation of a 9 per cent lift in earnings over the 2020 financial year, but some analysts predict it will beat that easily.

  • Nick Lenaghan
Jessie Street Centre.

Singaporean fund GIC ups stake in Parramatta

Sovereign wealth fund teams with Charter Hall to increase its interest in Sydney's second CBD.

  • Ingrid Fuary-Wagner

May 2019

Sir Frank Lowy puts his success down to never giving up.

Frank Lowy retires to live in Israel

The Westfield co-founder, and No. 7 on the Financial Review Rich List, said: "I feel that I'm home."

  • Jill Margo

August 2018

Steven Lowy's OneMarket warning prescient as shares fall 40pc

OneMarket chairman Steven Lowy's warning the retail tech start-up was a higher risk investment has proved prescient.

  • Updated
  • Sue Mitchell

Original URL: https://www.afr.com/company/wfd-1nt