Vimeo
LinkedIn
Instagram
Share |

Australia

May 26, 2011

Frank Lowy, founder of the world’s biggest shopping centre chain Westfield, has stepped down as chief executive of the company and will be succeeded by his two sons.

Frank Lowy, founder of the world’s biggest shopping centre chain Westfield, has stepped down as chief executive of the company and will be succeeded by his two sons.

In a statement made during the group’s annual general meeting on 25 May, Lowy announced that he will become non-executive chairman, while his sons Peter Lowy and Steven Lowy will become joint chief executive officers.

August 27, 2010

Fairfax Media, the Sydney-based publishing and broadcasting company, announced a return to profit in the last year when it released its financial results on 27 August.

Fairfax Media, the Sydney-based publishing and broadcasting company, announced a return to profit in the last year when it released its financial results on 27 August.

Fairfax made a profit after tax of AUD$282 million (€197 million) for the year ending June 2010, compared with a loss of AUD$380 million for the same period in 2009. The company also said it has reduced its net debt by AUD$347 million.

July 20, 2010

John B Fairfax, board member of the family-controlled media company, announced yesterday he will not stand for re-election at the next Fairfax Media AGM.

John B Fairfax, board member of the family-controlled media company, announced yesterday he will not stand for re-election at the next Fairfax Media AGM.

His announcement means the founding family will have only one representative on the company's board, John's son Nicholas Fairfax.

June 18, 2010

With the transfer of wealth to the next generation of Asians underway and growing interest from highly-taxed western families, the region’s financial centres are rushing to court family offices, writes Paul Golden.

With the transfer of wealth to the next generation of Asians underway and growing interest from highly-taxed western families, the region's financial centres are rushing to court family offices, writes Paul Golden.

The relatively high percentage of first generation wealth creators in Asia has heightened awareness of family office services across the continent, with the major financial centres keen to promote themselves as the location of choice for these aspiring dynasties.

March 5, 2010

Investors are ploughing billions into farmland acquisitions convinced that food prices and land values are being driven upwards. Is farming as lucrative an investment as some commentators suggest?

Investors are ploughing billions into farmland acquisitions convinced that food prices and land values are being driven upwards. Is farming as lucrative an investment as some commentators suggest?

September 23, 2009

Ron Walker, the non-family chairman of Fairfax Media Ltd, will meet with investors next week to discuss his continuation with the company after two board members, both of the founding Fairfax family, stated they would not support his re-election as chairman.

Ron Walker, the non-family chairman of Fairfax Media Ltd, will meet with investors next week to discuss his continuation with the company after two board members, both of the founding Fairfax family, stated they would not support his re-election as chairman.
 

September 2, 2008

An Australian university has launched the first ever online degree dedicated to family business.

An Australian university has launched the first ever online degree dedicated to family business. Deakin University, which is based in Melbourne, will offer a Graduate Certificate of Management (Family Business) from March 2009.
 

July 1, 2008

When Filippo and Maria Casella began their new life in Australia they could not have envisaged “Casella” becoming a household name. Bruce Love finds out how the family’s Yellowtail brand is already well on the way to reaching this milestone

When Filippo and Maria Casella began their new life in Australia they could not have envisaged "Casella" becoming a household name. Bruce Love finds out how the family's Yellowtail brand is already well on the way to reaching this milestone

June 12, 2008

Recent setbacks in the Indian and Chinese stock markets have served as a stark reminder that the region still carries risk and volatility for European families looking to invest heavily in emerging markets.

Recent setbacks in the Indian and Chinese stock markets have served as a stark reminder that the region still carries risk and volatility for European families looking to invest heavily in emerging markets, according to Toby Osborne, director of GSL Private Investors and scion of Melbourne's entrepreneurial Osborne family.

Speaking last week at Campden's Family Investment Workshop in London, Osborne said that although there are substantial gains to be had in China and India, private investors should be aware that with high potential gains comes increased risk and volatility.

Click here >>
Close