This Month
International ‘dark forces’ at work in antisemitic attacks, Lowy warns
The Westfield founder says it’s hard to find another explanation for the suddenness and scale of the recent spate of incidents in Australia.
- Hans van Leeuwen
November 2024
Lowys swoop on Domain’s Sydney HQ in $230m bargain deal
The Lowy-family backed Assembly Funds Management and local fund manager Wentworth Capital have acquired a Pyrmont office tower at a 33 per cent discount from its peak value.
- Campbell Kwan
Lowy, Leibler awarded Israel’s highest civilian honour
Frank Lowy and Mark Leibler are the first Australians to be awarded the Presidential Medal of Honour.
- Maxim Shanahan
August 2024
Assembly Funds Management kicks off $100m raise for property fund
Michael Gutman is aiming for 15 per cent to 17 per cent in annualised target returns from ADPF2, whose mandate allows it to invest in either debt or equity.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May 2024
- Exclusive
- Antisemitism
Lowy’s lament: ‘I know how insidious antisemitism can be’
Sir Frank Lowy experienced hatred against Jews first hand in Hitler’s Europe, and is shaken by what he now sees “leaking out of decent people” in Australia.
- Jill Margo
February 2024
Ad man Harold Mitchell was living large to the end
Harold Mitchell helped reinvent how advertising is bought and sold in Australia. Giants of Australian industry shared their thoughts after his surprise passing.
- Sam Buckingham-Jones
November 2023
Lowy-backed Assembly restocks war chest with second $350m fund
The $456 million investment house has ruled off the first close of its new diversified property fund.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October 2023
‘Their hurt is our hurt’: Lowy in Israel presses diaspora for support
Steven Lowy, son of Westfield founder and Holocaust survivor Frank Lowy, flew into Israel last week to visit affected families and communities.
- Ronald Mizen
September 2023
- Updated
- Media & marketing
Rupert Murdoch steps down from News Corp and Fox, Lachlan ascends
The 92-year-old global media baron insisted he was in “robust health” as he stepped down after a 70-year career, ending years of speculation over his succession.
- Updated
- Mark Di Stefano
August 2023
Want to invest like the Lowys? Now you can
Assembly Funds Management, the investment house backed by the billionaire family, has begun raising finance for a second property fund.
- Primrose Riordan
June 2023
Successful and content: a stockbroker’s rich life
University dropout David Constable found success in finance when practical experience and good instincts were valued over advanced degrees.
- Aaron Patrick
May 2023
Having spurned the ASX, Updater finds valuation has cratered
The home relocation technology group maintains a wide Australian shareholder base. Its new raising gives it an enterprise value of around $US260 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
April 2023
How to turn $1.44m into a $32m lakeside castle
What began as a pipe dream for French architecture nut Aaron Parkhill is now a lakeside chateau on Victoria’s Bellarine Peninsula – and could be yours for $32 million.
- Bonnie Campbell
February 2023
- Opinion
- Regulation
Chalmers’ shock decision shows his radical plan for the RBA
Jim Chalmers’ has made an extraordinary decision to place a job ad for new Reserve Bank board members. It shows Australia’s business elite are no longer welcome.
- Karen Maley
July 2022
- Exclusive
- Commercial real estate
Lowy family-backed Assembly closes out property fund with $67m raising
Backed by the founders of the Westfield empire, Assembly Funds Management will look to add further industrial and residential investments to its portfolio.
- Larry Schlesinger
May 2022
Total Rich List wealth soars past half a trillion dollars
With 137 billionaires on the list, it’s a record year for wealth creation as the gap widens between the top of the table and the rest.
- Julie-anne Sprague and Michael Bailey
February 2022
Scentre’s two-year search unearths Frank Lowy’s nephew
Elliott Rusanow’s appointment continues a lengthy tradition at Scentre.
- Myriam Robin
David Lowy, now a Gulfstream 650 owner/driver
A new G650 registered to the Lowy Family Group touched down at Sydney’s Kingsford Smith Airport last Sunday.
- Joe Aston
December 2021
The Financial Review’s 10 best long reads of 2021
We’ve compiled the features, interviews and investigations you might have missed throughout the year.
Former Labor MP sells $25m Vaucluse trophy home to buy $35m mansion
Ros Kelly and her husband, who used to be Westpac’s CEO, have swapped their desirable dwelling for a more expensive house in the same elite Sydney suburb.
- Lucy Macken