Even Murdoch is buying into it. “I read this week about my Australian friends at Westfield. They can see what Amazon is doing to bricks and mortar retail,” he told the Financial Times over the weekend.
The enormous deals signify the end of an era. But they were also fitting because 2017 was a year when technological disruption (a buzzword that is often misused, but that will have to suffice for the purposes of this column) was everywhere in corporate Australia.