Westfield: Interim result 2013

Westfield’s interim result was ok but, as Nathan Bell explains, management’s attempts to boost profits and return on equity face headwinds in Australia.

Following criticism from investors after the GFC, Westfield Group embarked on a strategy to significantly increase its return on equity. For a mature, large and highly capital-intensive business like Westfield, slower economic growth, cautious consumers and more money being spent online means that’s going to take time.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles