Editor's Choice
Green moves: Aware Super, Minderoo Foundation
CareSuper hired an ESG specialist from a rival, while Andrew Forrest's Minderoo Foundation appointed an executive director of effective philanthropy.
Macquarie AM takes over Island Green Power
Macquarie Asset Management (MAM) is now the owner of renewable energy developer Island Green Power, scooping up the remaining 50% stake.
Palliser Capital hits out at Rio Tinto board
Palliser Capital has vowed to continue pressing for governance reform at Rio Tinto after its shareholder resolution calling for an independent review of the miner's dual-listed company structure fell short at the group's annual general meeting.
ISSB looks to ease Scope 3 disclosure requirements
The International Sustainability Standards Board has proposed changes to requirements under IFRS S2 to offer clarity around existing reliefs and provide further relief in relation to specific Greenhouse Gas emissions disclosures.
How sustainable will CFSGAM investments in retail shopping centres become with the rapidly increasing levels of retail revenues shifting from Bricks and Morter Retail to either hybridised or totally internet based business? Trends in the UK and the USA indicate significant movement away from traditional methods of retailing to the internet and away from expensive retail sites such as yours Colonial. This movement is rapidly affecting many of the sectors Colonial relies on as tenants eg fashion. At the present time, to keep yield levels up, Colonial is constantly in breach of the NSW Retail Leases Act and the Australian Accounting Standards requirements for levels of service and reporting reqirements to its tenants as they have been indulging in the deliberate 'mismanagement' of Promotions Contributions and Outgoings to prop up their progfitability to the detriment fo their tenants (mainly small businesses). These are monies paid to Colonial in trust for expending on behalf of their tenants. Is Colonials performance becoming affected by this new technology, and as a result Colonial is turning to questionable business practices (illegal business practices) in order to keep up their yields?