Sydney Morning Herald owner Fairfax Media plans to hive off property listings biz

Sydney Morning Herald owner Fairfax  Media plans to hive off property listings biz

A screenshot of Sydney Morning Herald, one of the papers by Fairfax Media

Sydney Morning Herald-publisher Fairfax Media Ltd. is considering hiving off its property-listings business, turning the group’s main earnings engine into a new Fairfax-controlled entity as media income shrinks.

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