Foxtel has announced record high growth for the year ended 30 June 2007, up 40 percent on last financial year largely due to subscriber growth and retention. It posted a record $76 million profit up from last year's maiden $4 million gain.
The crash in commercial property vacancy rates has the potential to drive rents up, with tightening of capacity occurring to some degree across all Australian states and territories, according to the latest data from the Property Council of Australia.