Frank Lowy and co. are at a crossroads. What they do next will be telling.
Questionable journalistic practices abound in The Australian Financial Review's coverage of the recent Westfield restructure.
A lot of Australian retail shareholders don’t bother to vote because they feel swamped by institutional shareholders, but new ASX rules could change that.
Tradies to do safety checks at BHP ... Young Libs and student unions ... Westfield leaves Australia a parting gift ...
Westfield Retail Trust heads to court today. Here's the case for why the process is all wrong.
Yesterday was a rough day for Australia's second-richest man, with the future of his shopping centre empire uncertain.
The Lowys say they've deserved their $300 million in cash over two decades to run Westfield. Shareholders might disagree, and there's a course of action if they do.
The Lowy family still continue to draw millions from Westfield, which is extraordinary. But now shareholders are thinking about putting a stop to it.
The private equity model of buying companies and loading them with debt was completely inappropriate for a company facing tough market conditions, writes Glenn Dyer.