Stronger Rents Offset Higher Cap Rates for Brickworks' Property Portfolio
The property business gearing was 26% at the end of July 2024, well below the 60% covenant. The trust’s interest cover ratio was 1.9 times at the end of January 2024, versus a covenant of 1.5 times.
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Cam Smith takes Australian Open criticism to new level, demanding immediate change
Cam Smith has gone on the attack over the Australian Open format, saying exactly what he thinks about the dual-gender event. Taking his heavy criticism of last year’s event into 2025 ...
Melbourne’s largest park is dark and wild, but a new plan will add sports grounds, paving and lighting
The new masterplan for Royal Park has angered residents and environmental groups, who fear a loss of open space.