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A near-empty Chadstone shopping centre in Melbourne on March 20.

Vicinity Centres sales rate dives in March as virus takes hold

One of the country's biggest shopping centre landlords has posted a 31 per cent drop in sales growth for March, with April data tipped to be even worse.

  • Carolyn Cummins

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Caltex appears to have two new suitors.

Macquarie in talks with EG Group for Caltex bid

If their bid is successful, EG Group would keep Caltex's main retail business, while Macquarie would take on its refinery unit and some infrastructure assets, sources say.

  • Harry Brumpton and Dinesh Nair