There Are Plenty of Power Publicists. But Only One Works for Taylor Swift.
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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,682,703 (+0.16%)       Melbourne $1,032,974 (+0.32%)       Brisbane $1,149,503 (-0.48%)       Adelaide $1,044,873 (+0.57%)       Perth $1,087,323 (+0.79%)       Hobart $838,358 (-0.10%)       Darwin $820,666 (-0.12%)       Canberra $979,872 (-0.24%)       National Capitals $1,138,269 (+0.14%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $797,157 (-0.14%)       Melbourne $549,523 (-0.11%)       Brisbane $755,150 (-0.64%)       Adelaide $578,247 (+0.68%)       Perth $644,099 (+3.57%)       Hobart $571,049 (+0.07%)       Darwin $463,594 (-5.35%)       Canberra $477,768 (-0.27%)       National Capitals $625,689 (+0.06%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 14,358 (+213)       Melbourne 15,978 (-7)       Brisbane 11,458 (+121)       Adelaide 3,654 (+71)       Perth 8,904 (+103)       Hobart 691 (+10)       Darwin 180 (+11)       Canberra 1,209 (+48)       National Capitals 56,432 (+570)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,553 (+66)       Melbourne 6,618 (-48)       Brisbane 2,337 (+34)       Adelaide 604 (-6)       Perth 1,701 (+90)       Hobart 150 (-5)       Darwin 217 (-4)       Canberra 1,213 (+23)       National Capitals 22,393 (+150)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $870 ($0)       Melbourne $600 ($0)       Brisbane $700 ($0)       Adelaide $660 (+$3)       Perth $750 ($0)       Hobart $628 (-$13)       Darwin $850 ($0)       Canberra $710 (+$10)       National Capitals $733 (+$)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $820 (-$5)       Melbourne $620 ($0)       Brisbane $620 (-$3)       Adelaide $550 (+$10)       Perth $700 (-$20)       Hobart $500 (-$30)       Darwin $675 ($0)       Canberra $590 (+$5)       National Capitals $648 (-$5)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,676 (+151)       Melbourne 6,952 (+89)       Brisbane 3,472 (+4)       Adelaide 1,309 (+41)       Perth 2,174 (+11)       Hobart 210 (-11)       Darwin 61 (+5)       Canberra 431 (+4)       National Capitals 21,285 (+294)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 10,090 (-12)       Melbourne 6,145 (+91)       Brisbane 3,338 (+49)       Adelaide 409 (+12)       Perth 701 (+21)       Hobart 75 (0)       Darwin 102 (+4)       Canberra 717 (+47)       National Capitals 21,577 (+212)                HOUSE ANNUAL GROSS YIELDS AND TREND         Sydney 2.69% (↓)       Melbourne 3.02% (↓)     Brisbane 3.17% (↑)        Adelaide 3.28% (↓)       Perth 3.59% (↓)       Hobart 3.89% (↓)     Darwin 5.39% (↑)      Canberra 3.77% (↑)        National Capitals 3.35% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 5.35% (↓)     Melbourne 5.87% (↑)      Brisbane 4.27% (↑)      Adelaide 4.95% (↑)        Perth 5.65% (↓)       Hobart 4.55% (↓)     Darwin 7.57% (↑)      Canberra 6.42% (↑)        National Capitals 5.38% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND         Sydney 34.7 (↓)       Melbourne 33.6 (↓)     Brisbane 39.0 (↑)      Adelaide 32.0 (↑)        Perth 42.6 (↓)       Hobart 30.0 (↓)       Darwin 21.9 (↓)       Canberra 33.2 (↓)       National Capitals 33.4 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND         Sydney 33.6 (↓)       Melbourne 31.2 (↓)     Brisbane 40.9 (↑)      Adelaide 32.6 (↑)        Perth 41.8 (↓)     Hobart 31.3 (↑)        Darwin 43.1 (↓)     Canberra 40.5 (↑)        National Capitals 36.9 (↓)           
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There Are Plenty of Power Publicists. But Only One Works for Taylor Swift.

From ‘1989’ through ‘The Tortured Poets Department,’ she has fiercely guarded Swift’s reputation: ‘The devil works hard, but Tree Paine works harder’

By ALLIE JONES
Fri, Apr 19, 2024 9:26amGrey Clock 8 min

Taylor Swift was celebrating the end of the Australian leg of her Eras Tour in late February when a bit of unpleasantness sailed out from Down Under and landed on the home page of TMZ. The New South Wales Police Force was investigating a 71-year-old man for allegedly assaulting a 51-year-old man at a wharf north of the city, according to their media unit. Per TMZ, the septuagenarian was Scott Swift, Taylor’s father and a key member of her management team, and the younger man was a photographer.

The story had all the makings of a public relations nightmare: (1) Celebrity family member allegedly behaves badly while (2) disembarking from a luxury yacht, resulting in (3) a police investigation. To make matters more complicated, Taylor was reportedly present for the alleged altercation—hiding under an umbrella, TMZ said. Though the man didn’t require medical treatment, the police said, there was video footage. Would this be the end of the pop star’s marathon run of fawning press?

Not if Tree Paine could help it.

Swift’s longtime publicist first released a statement that did not refute TMZ’s story, exactly, but offered some exculpatory evidence: “Two individuals were aggressively pushing their way towards Taylor, grabbing at her security personnel, and threatening to throw a female staff member into the water.” Subtext: Scott Swift was simply protecting his daughter and another defenceless woman from a couple of rogue aggressors. He was not charged.

Around the same time, as if by magic, People found a video of Scott passing out sandwiches to young female fans at one of the Sydney shows and published it along with fan commentary. “Isn’t he the sweetest and cutest,” one cooed.

Online, Swifties clocked the People story as good old-fashioned damage control. As a chorus of fan posts put it: “The devil works hard, but Tree Paine works harder.” (In late March, the New South Wales Police Force media unit said that the North Shore Police Area Command finished its investigation and that it is taking no further action.)

The average celebrity publicist does not have fans. But Paine, the 52-year-old redhead seen trailing Swift at awards shows and rubbing shoulders with Gayle King in the Eras Tour VIP area, has become a Swiftverse cult figure in her own right. Fans post reverently about her PR machinations and share videos of her expertly attending to Swift’s needs: smoothing out Swift’s dress on the red carpet, leading Swift right past a scrum of reporters whose questions have not been approved, subtly offering Swift what appeared to be water at the Video Music Awards—a night when the star was filmed dancing in a manner that suggested inebriation.

Swift has trained her followers to look for meaning in her every gesture, outfit and Instagram caption. Paine’s own work—the stories she chooses to respond to, the narrative she puts forward in the media—has become part of that lore.

And Swift and Paine are creating a lot of lore lately. Swift spent the fall cheering on her new boyfriend, Kansas City Chiefs tight end Travis Kelce , as he sailed to Super Bowl victory , and dropped by the Grammys to pick up album of the year for Midnights and announce her new album in an acceptance speech for yet another award. The Tortured Poets Department , which fans speculate is at least partly inspired by her breakup with the British actor Joe Alwyn , drops this month, and Swift will promote it while balancing her public relationship, continuing her sold-out international Eras Tour amid growing criticism of her private jet usage and brushing off baseless conspiracy theories that she is secretly working as a Democratic operative to swing the 2024 election for President Joe Biden.

In a long career of riding high, Swift has hit the stratosphere. It’s Paine’s job to keep her there.

Back in 2014, Swift’s world domination was not yet assured. That March, trade publications reported that the pop star’s publicist of seven years, Paula Erickson, had submitted her resignation. Fairly or not, during Erickson’s tenure, Swift developed a reputation for being both boy-crazy and unwilling to joke about it. See: Swift’s string of high-profile relationships with Joe Jonas, Taylor Lautner , Jake Gyllenhaal and Harry Styles; her alleged wedding-crashing with Conor Kennedy; her humourless response to Tina Fey and Amy Poehler’s joke at the 2013 Golden Globes about her dating life. (“There’s a special place in hell for women who don’t help other women,” she told Vanity Fair when asked about the incident.) Erickson declined to comment for this story.

Paine, who had been working as the senior vice president of publicity in the Christian and Country divisions of Warner Music Nashville, came on board and quickly flipped the script. She launched her own firm, Premium PR, and signed Swift as her first and only client. “There isn’t a publicist in NY, LA or Nashville that wouldn’t jump at an opportunity to work with someone as talented as Taylor Swift and her management team,” Paine told Page Six at the time.

That year, Swift moved from Nashville to New York, went full pop with the release of 1989 and began flaunting her friendships with a gaggle of famous women, known colloquially as The Squad. The public started to forget about the time Swift, age 22, allegedly bought a house across the street from the Kennedy compound in Hyannis Port, Massachusetts.

Throughout this transformation, Paine refused to let rumours about her client fester. The very week her hiring was announced, she began issuing public rebuttals to the tabloids. “Never believe the National Enquirer,” she tweeted about an apparently false story that Swift declined to record a duet with Randy Travis. Ten years later, the gossip about Swift has changed, but Paine’s approach has not: She recently called out the anonymous gossip account Deuxmoi for causing “pain and trauma” by posting false rumours about Swift secretly marrying Alwyn before the two broke up.

Paine became even more visible to fans in 2020, when she appeared in Swift’s Netflix documentary Miss Americana  Wearing white shorts and blue nail polish, she clinked white-wine glasses with Swift as the singer-songwriter anxiously prepared to post her first political statement on Instagram. Swifties have since turned Paine into something of a meme: Online, they joke that Swift’s “Out of the Woods” lyric “the monsters turned out to be just trees” is a reference to the publicist and that a redheaded Eras Tour backup dancer is Tree-coded. They have decided that in the inevitable Paine biopic, the publicist will be played by Amy Adams, and that she will win her first Oscar for it.

The fan obsession has been fuelled, in part, by how little Paine has shared publicly about herself. Her Instagram is private. The last time she sat for an interview was 2012, when she was a VP at Warner and appeared in Nashville Lifestyles ’ “Most Beautiful People” issue; she posed for a photo in front of a shiplap-covered wall wearing a peasant blouse and made the astonishing revelation that she was “trying to enjoy life.” I cannot report whether that is still true; Paine declined to be interviewed for this story.

Born Trina Snyder, Paine grew up in Costa Mesa, California. She was still going by Trina when she was initiated into Pi Beta Phi at the University of Southern California in 1990, according to the women’s fraternity’s official publication, The Arrow .

Like her client, Paine is a Nashville transplant. In her early career, she worked her way up at a variety of L.A. record labels—World Domination, Maverick and Interscope, whose roster included Snoop Dogg, No Doubt, Nine Inch Nails and Marilyn Manson. She launched her own guerrilla-marketing company, worked for the Academy of Country Music and eventually joined Warner Music in Tennessee.

In 1998, she married Lance Paine, a businessman and onetime president of the Nashville candy brand Goo Goo Cluster, in Las Vegas, according to public records. (Lance also served as president of the company owned by HGTV’s Property Brothers.) The Paines have one teenage daughter, and according to the society pages, they have spent some nights mixing with locals at Nashville charity galas.

But mostly, Paine works. She has built a fearsome reputation in media circles, closely guarding access to Swift and sending emails to journalists with surprising velocity whenever she disagrees with a story. “Once I started working in media, I would always hear about people getting emails from Tree Paine, or maybe, people being afraid of getting emails from Tree Paine,” says Hunter Harris, a self-described “Painiac” and the writer of the entertainment newsletter Hung Up , which regularly chronicles Paine’s engagement with the press. (Harris has also contributed to WSJ. Magazine .)

In the past 10 years, Paine has guided Swift through some of the more tumultuous moments of her career: her feud with Kim Kardashian and Kanye West; her trial accusing a former DJ of sexual assault; her battle against her former label , Scooter Braun and private-equity giants for the control of her master recordings. At almost every turn, Paine presents Swift—arguably the most famous woman on the planet, a billionaire with a private jet—as a relatable underdog fighting for her voice to be heard.

It has, for the most part, worked. In the process, Paine has become one of the most powerful people in the entertainment industry.

Getting any kind of journalistic access to Swift has become a fool’s errand. The star sits for few magazine interviews, and in between, Paine does her best to ensure that no information about Swift that Swift has not expressly chosen to share with the public becomes available. One magazine writer recalls the slightly fraught process of interviewing another artist on one of Swift’s stadium tours a few years ago. As a condition of the interview, the writer had to agree that anything they witnessed or discovered about Swift while spending time with the other artist before a show would be off the record. Paine was clear: No journalist is going to catch Swift in her sweatpants backstage and write about it.

When writer Emily Kirkpatrick reached out last year to seek Swift’s comment for a profile of the actress and musician Suki Waterhouse for the fashion website Ssense, Paine surprisingly acquiesced, with the caveat that Swift’s quote be printed in full—no edits, no line breaks. (Kirkpatrick, annoyed, accepted the terms.)

This is an understandable sticking point for Paine. The Kardashian-West debacle revolved, in large part, around a truncated recording of Swift. Before the rapper released the single “Famous,” which contained lewd lyrics about Swift, they spoke by phone, where he asked her to promote the track on Twitter. For years, a snippet of the call released by Kardashian painted Swift as a liar who publicly rejected the lyrics but privately approved them. When someone released the full call online—a friendly heads-up but one in which West never shares the final lyric (“I made that bitch famous”)—Kardashian tried to save face. “To be clear, the only issue I ever had around the situation was that Taylor lied through her publicist who stated that ‘Kanye never called to ask for permission…,’ ” she tweeted. But Paine never said that exactly. She tweeted a rejoinder: “I’m Taylor’s publicist and this is my UNEDITED original statement. Btw, when you take parts out, that’s editing. P.S. who did you guys piss off to leak that video?”

The biggest year of Swift’s career has also been her most public yet. There’s the tour, the new album, the NFL boyfriend , the constant tabloid coverage of her relationship with the NFL boyfriend, the never-ending paparazzi strolls with her famous friends at sceney New York City restaurants. There have been stumbles: Swift forgot to thank Celine Dion, who presented the album of the year award, when accepting her Grammy. (A photo of the two singers hugging circulated online later.) She’s still taking heat for her private jet. She dated Matty Healy.

But the sheer volume of information about Swift that pours, ceaselessly, out of every tabloid and news outlet from the Daily Mail to the New York Times typically washes away negative stories as soon as they are published. There are fans who speculate that Paine sent Swift to Kelce’s regular-season game against the New York Jets in October so that internet searches for “Taylor Swift jets” would return cheery images of Swift dancing in a VIP suite with Blake Lively instead of stats about CO2 emissions.

Swift is at a point in her career, however, where she could completely disappear from view and still generate more headlines than just about any other person on earth. Scientists at Caltech and UCLA recently published research proving the existence of “Swift quakes” (seismic activity caused by fans dancing and jumping at concerts). Ancestry.com shared on social media that Swift is a sixth cousin, three times removed, of poet Emily Dickinson. The New York Post talked to experts to guesstimate how much Kelce has spent wooing Swift so far (more than $8 million, allegedly).

If Swift released The Tortured Poets Department with zero fanfare, it would probably still hit No. 1 on the Billboard charts. But she chooses to feed the beast—with black-and-white Instagram posts, snippets of possible lyrics, a pop-up poetry library, so many vinyl editions —and, with Paine’s help, make her own news.



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ASX Reporting Season 2026: 5 Biggest Winners and Losers So Far

Overall, the season showed that share prices react less to whether profits rose or fell than to the gap between results and expectations

By Ruba Jaajaa
Thu, Sep 10, 2026 5 min

Reporting season has once again reminded investors that a strong profit does not guarantee a rising share price, and a large loss does not always trigger a sell-off. What matters most is how each result compares with expectations and, increasingly, what management says about the year ahead. During the August 2026 season, companies offering credible turnarounds or unexpectedly strong guidance were rewarded handsomely, while those flagging weaker margins, slowing demand or greater uncertainty were punished.

The following ranking draws on Morningstar’s review of 164 ASX-listed companies and measures each company’s share-price movement on the day it reported. This captures the market’s immediate response to the earnings announcement, before subsequent economic developments, dividends and company-specific news cloud the picture. Here are the five biggest winners, and the five hardest-hit losers, of the season so far.

The five winners

1. Bapcor (ASX:BAP): +41.0%

Bapcor delivered reporting season’s largest relief rally after presenting early evidence that its troubled automotive-parts business was stabilising. Although underlying revenue fell 1.8% to $1.92 billion and underlying NPAT collapsed 85% to $10.8 million, underlying EBITDA of $152.5 million exceeded guidance.

More importantly, working-capital initiatives released $68.5 million in the second half, lifting cash conversion to 109.4% and reducing net debt by 63% to $135 million. The statutory loss was $431.6 million, largely because of non-cash impairments. Investors focused on improving operational momentum, stronger liquidity and management’s expectation of modest FY27 revenue growth.

2. Zip Co (ASX:ZIP): +18.2%

Zip comfortably surpassed its FY26 targets, sending the buy-now-pay-later provider’s shares sharply higher. Transaction volume rose 23% to $16.7 billion, while cash earnings before tax, depreciation and amortisation jumped 58% to a record $268.9 million. Statutory profit climbed 46% to $116.4 million, and the cash operating margin expanded by 4.2 percentage points to 20%.

The strongest signal was guidance for FY27 cash earnings of $340 million—around 26% growth and above analysts’ forecasts. US transaction volume increased 42.5% and now represents three-quarters of group volume, offsetting weaker customer activity in Australia.

3. CSL (ASX:CSL): +17.3%

CSL’s result was hardly spectacular in isolation, but it cleared a market bar that had fallen dramatically following earlier downgrades and restructuring announcements. Underlying NPATA was US$3.1 billion, down 2% in constant-currency terms, while operating cash flow reached US$3.51 billion.

CSL maintained its full-year dividend at US$2.92 per share and completed a A$1 billion buyback. The real catalyst was FY27 guidance for approximately 5% underlying profit growth, compared with market expectations closer to 2%. After an extended period of earnings disappointments, investors interpreted the outlook as evidence that CSL’s core plasma business was approaching a sustainable recovery.

4. Judo Capital (ASX:JDO): +16.9%

Judo Capital demonstrated strong operating leverage as its specialist business-lending franchise expanded. Full-year profit before tax rose 34% to $168.1 million, while pre-provision profit increased 42%. Gross loans and advances grew 18% to $14.7 billion, reaching the top of the bank’s guidance range and comfortably exceeding broader system growth.

Deposits increased 24% to $12.2 billion, return on equity improved by 1.1 percentage points to 6.4%, and earnings per share rose 29% to 9.9 cents. Reaffirmation of the FY27 outlook gave investors confidence that loan growth could continue without sacrificing margins or credit quality.

5. Super Retail Group (ASX:SUL): +15.8%

The owner of Supercheap Auto, rebel, BCF and Macpac reported record sales of $4.2 billion, up 3.2%, despite cautious discretionary spending. Profitability went backwards: normalised profit before tax fell 7% to $306 million and normalised NPAT declined 2.8% to $226 million as transformation spending weighed on margins. Nevertheless, the result exceeded subdued expectations, online sales grew 5.3% and membership across the group’s loyalty programs reached 13.1 million. Investors were also encouraged by positive early FY27 trading, stable gross margins and continued market-share gains. A fully franked 33-cent final dividend added to the appeal.

The five losers

1. Hansen Technologies (ASX:HSN): –21.2%

Hansen’s historic result met expectations, but investors recoiled from its outlook. The utility and communications software provider achieved an underlying EBITDA margin of 31%, exceeding its 30% target, while generating strong cash flow. However, management designated FY27 an “investment and transition year”, signalling a roughly five-percentage-point margin contraction as spending on products, sales capabilities and organisational changes increased.

Revenue had already been broadly flat, leaving investors concerned that the investment program would depress earnings before new growth appeared. Leadership changes, including the chief executive’s departure, added uncertainty. Management expects revenue growth and margins above 30% to return in FY28, but the market was unwilling to wait.

2. Life360 (ASX:360): –19.4%

Life360’s headline growth was impressive: quarterly revenue rose 38% to US$159 million, subscription revenue increased 31%, and adjusted EBITDA climbed 53% to US$31.1 million. Monthly active users reached 102.4 million and paying circles grew 27% to 3.2 million. The sell-off reflected expectations rather than a collapsing business.

Net income fell 18%, the net margin contracted from 6% to 3%, hardware shipments dropped 18%, and full-year EBITDA guidance was merely maintained. After a strong valuation run, investors wanted a larger upgrade and clearer evidence that heavy investment in advertising, international expansion and artificial intelligence would generate additional earnings.

3. PEXA Group (ASX:PXA): –17.0%

PEXA reported a 7% increase in continuing-operations revenue and 12% EBITDA growth to $152 million, accompanied by a two-percentage-point margin expansion. Free cash flow increased 39%, suggesting the core Australian electronic-conveyancing platform remained highly profitable. Investors instead concentrated on management’s warning that property-transfer volumes could decline, alongside regulatory uncertainty surrounding the fees PEXA can charge.

The company is also continuing to invest heavily in its loss-making international expansion. Morningstar considered the market reaction excessive, arguing that structural transfer-volume assumptions had not materially changed, but the combination of softer near-term activity and regulatory risk overwhelmed the respectable headline numbers.

4. SEEK (ASX:SEK): –14.3%

SEEK produced solid FY26 figures, including 10% revenue growth to $1.20 billion, a 15% rise in EBITDA and 28% growth in adjusted earnings per share. It also lifted its fully franked annual dividend by 13% to a record 52 cents. Those achievements were overshadowed by falling paid job-ad volumes and cautious FY27 assumptions.

The statutory accounts included a $201 million loss from the SEEK Growth Fund and $377 million of significant items, making the headline result considerably less attractive. Investors were particularly concerned that economic weakness could limit volumes while the company continued investing in platform integration and artificial-intelligence products.

5. JB Hi-Fi (ASX:JBH): –12.3%

JB Hi-Fi’s full-year result was broadly respectable, with group sales rising 5% to $11.1 billion and underlying earnings per share increasing 6% to $4.48. The damage came from its current-trading update. Australian sales were almost flat during the June quarter and deteriorated further in July, while earnings in the core Australian electronics business fell 3.6%.

Housing-related categories were particularly weak as higher living costs and interest rates constrained household budgets. With JB Hi-Fi entering the season on a demanding valuation, an in-line historic result was not sufficient: the loss of sales momentum prompted investors to rapidly reduce their expectations for FY27.

Overall, the season showed that share prices react less to whether profits rose or fell than to the gap between results and expectations. Bapcor was rewarded for being less troubled than feared, while several fundamentally profitable companies were punished because their outlooks failed to justify elevated valuations.

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