September 2024
REA’s interest in British realty giant Rightmove met with scepticism
But shares in the London-listed target soared 27 per cent overnight on confirmation that the News Corp-controlled group was considering making a takeover bid.
- Sam Buckingham-Jones
October 2023
- Exclusive
- Luxury property
REA Group CEO Owen Wilson sells Toorak mansion listed for $17m
The real estate platform’s chief and wife Liesl paid $7.25 million in 2008. Real estate boss Danny Thomas has paid $13 million for an off-the-plan St Kilda penthouse.
- Bonnie Campbell
January 2023
Telstra, NAB, REA chiefs to work on Australia Day
Vicki Brady said that January 26 was “a painful reminder of discrimination and exclusion” for many Indigenous Australians.
- Hannah Wootton and Lucas Baird
August 2022
The rate rises we had to have: REA chief says property was too hot
REA Group chief executive Owen Wilson says the surging price of Australian property was unsustainable.
- Max Mason and Mark Di Stefano
June 2022
REA wants to expand into all elements of property
The group says its acquisition days are not over yet, as it looks to own the full gamut of offerings associated with real estate, such as finance and insurance.
- Miranda Ward
November 2021
REA Group defies lockdowns to report revenue growth
REA Group has defied lockdowns in Melbourne and Sydney in the first quarter of the fiscal year to deliver revenue growth of 22 per cent.
- Miranda Ward
February 2021
REA profit rises as property ‘on the march’
Chief executive Owen Wilson says Australia’s property market “is on the march again” as the property listings portal reports a 13 per cent increase in first-half profit.
- Miranda Ward
January 2021
How top CEOs used consultants during the pandemic
Australian CEOs relied upon their own staff to manage the changes forced upon them by the pandemic, while calling in health and wellness experts to make their businesses COVID-safe.
- Edmund Tadros
May 2020
REA boss sees light at end of COVID-19 tunnel
Owen Wilson believes the lifting of lockdown restrictions will see the property market gradually find the positive trajectory it was heading on prior to the pandemic.
- Max Mason
April 2020
REA offers free listings to stop market drying up
The country's largest real estate portal has changed its tune and adopted a practice it dismissed as 'not viable' less than a month ago.
- Michael Bleby
March 2020
REA, Domain count on digital auctions
REA Group and Domain are hoping virtual inspection tools, online auction systems and private viewings will stop the property market grinding to a halt as public auctions are banned.
- Max Mason
'Not possible to predict': REA withdraws outlook on COVID-19
The residential listings company says it is taking steps to support its customers, adding that it is well prepared to keep operating in a challenging environment.
- Max Mason
February 2020
REA boss confident of property bounceback
REA has been getting more buyer queries, indicating a readiness for the property market to improve.
- Max Mason
August 2019
'From where we sit, the buyers are definitely back'
REA Group chief executive Owen Wilson is confident the Australian property market is improving, with the property classifieds business increasing underlying profits in a tough local property market over the last year.
- Max Mason