Battling with Frank Lowy in 1999


August 25, 2008

We're in debt to Westfield for providing audio files from old AGMs to assist with our book project and were very amused to listen again to the exchanges with Frank Lowy at the 1999 Westfield Holdings AGM which we've carved up as follows.

1. Why aren't we valuing our management contracts?

2. What's our internet strategy?

3. Frank Lowy: Australia's highest paid executive?

4. Development risks, fees and upstreaming the profits

5. Fred Hilmer shouldn't hold any outside directorships and Mayne's journalistic conflicts

6. Should we separate Lowy family shares in the annual report?

7. Fred Hilmer's hypocrisy and a great Frank Lowy spray

Full audio: 33 min 34 sec