Business

Lucy Battersby

Lucy Battersby has covered trends, technology and telecommunications since joining The Age in 2008.

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TV and radio stocks rally on licence fee cuts

A market rally for commercial television and radio stocks continues on Thursday following the government's decision to grant broadcasters an end-of-financial-year present of licence fee cuts.

Sales of new apartments in Malaysia are down 33 per cent in 2016 compared to 2015, according to REA.

Asian property slowdown to cost REA $180m

A government-induced housing market slowdown in Malaysia and Hong Kong has forced REA Group to announce a $180 million impairment in the value of its Asian business.

Covering regional areas is expensive and there are not many customers.

Phone users could be $650m better off, says Vodafone

Mobile prices could drop 5.6 per cent nationally, saving consumers more than $650 million collectively every year, if the competition watchdog forces Telstra to share its regional mobile network, Vodafone claims.

CBS wanted to help Network Ten get through its financial difficulties and had already agreed to cut the cost of its ...

Network Ten staff told not to order anything

Korda Mentha held 50 meetings with Network Ten's management, directors, advisers and shareholder guarantors in recent months in a bid to help the broadcaster stay on its feet, according to a letter sent to employees on Thursday.