FEAR & GREED | Business News Property giants harassment claims; property market hits $12tr; CBA shares dumped
Nov 11, 2025
Allegations of harassment emerge against property giants CBRE and JLL, raising serious concerns. Meanwhile, the Australian housing market has soared to a staggering $12 trillion, with notable shifts in consumer sentiment. The Commonwealth Bank reports a $2.6 billion profit, but shares tumble amid investor skepticism. BHP faces a fine for failing to consult employees about public holiday work. Additionally, a lithium price surge benefits miners, while gold prices rally and South Australia tops the business rankings.
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Allegations Rock Major Property Firm
- CBRE is investigating allegations of sexual harassment and inappropriate workplace relationships involving senior staff.
- Employees allege witnesses were pressured and warned against speaking to journalists about the incidents.
Flash Drive Sparks Additional Complaints
- A separate complaint involved a flash drive with thousands of photos including staff in compromising outfits from a decade ago.
- CBRE said the images appeared social and dated about ten years prior, after investigating the drive.
Leadership Fallout At Rival Property Firm
- JLL faces multiple lawsuits from agents claiming mishandled complaints led to their terminations.
- Former CEO Dan Kernaghan is suing JLL over his departure tied to the handling of sexual harassment allegations.