GPT Group (ASX:GPT) reports $519 million loss
10 Aug 2020 - GPT Group (ASX:GPT) reports a $519.1 million loss for the first half of the year, impacted by the uncertainty of the current economic climate.
10Aug
10Aug
Adairs (ASX:ADH) profit increases 19% for year
10 Aug 2020 - Bedding company Adairs (ASX:ADH) reports a 19% lift in FY2020 net profit after tax of $35.3 million compared to a year ago.
10Aug
Aurizon (ASX:AZJ) launches $300 million buyback as profit increases
10 Aug 2020 - Aurizon (ASX:AZJ) reports a 28% increase in net profit to $605 million as the rail freight operator launches a $300 million buyback.
10Aug
Kogan.com (ASX:KGN) sees uptick in customers, sales, profit in July
10 Aug 2020 - Kogan.com (ASX:KGN) has added 126,000 new customers in July, bringing its active customer base to more than 2.3 million.
10Aug
US job growth lifts confidence slightly: Aus shares to open in the green
10 Aug 2020 - Following mixed leads from Wall Street, the Australian share market looks set to start the week in the green. The greenback bounced on the back of better-than-expected US job growth. Charter Hall Long WALE REIT (ASX:CLW) reported a 72% rise in operating earnings to $121.9 million in its full-year results on Friday. Insurance Australia Group (ASX:IAG) delivered a net profit result of $435 million for FY2020, down 60% on the previous year.
07Aug
RBA pessimism infects market: Aus shares rise 1.3% over week
07 Aug 2020 - The ASX dropped in early trade and tracked sideways for most of the afternoon despite gains on Wall Street overnight and strong prices for gold and iron ore. The Reserve Bank of Australia warns that the Australian economy will take longer to recover that previously anticipated. 4DMedical (ASX:4DX) floated today with an impressive bang. Eligibility requirements for the JobKeeper extension are being relaxed to make it easier for businesses and staff to qualify. The changes...
07Aug
Banking sector response to COVID-19 and the new banking code
07 Aug 2020 - Australian Banking Association CEO, Anna Bligh discusses how the banking sector is responding to COVID-19 and what customers can expect from the new banking code.
07Aug
4DMedical (ASX:4DX) IPO soars: Aus shares 0.4% lower at noon
07 Aug 2020 - The Australian share market is down 0.4 per cent this morning after the Reserve Bank of Australia downgraded its forecasts for global GDP and Australian employment. Credit Suisse rates Centuria Office REIT (ASX:COF) as an Outperform, with a 12-month price target of $2.14. Worley (ASX:WOR) has been awarded a master construction services agreement by Corpus Christi Liquefaction LLC.
07Aug
Link Group (ASX:LNK) appoints Vivek Bhatia as MD & CEO
07 Aug 2020 - The board of administration outsourcing company, Link Administration Holdings (ASX:LNK) has appointed Vivek Bhatia to succeed John McMurtrie, as Managing Director of Link Group in early 2021.
07Aug
BHG set to acquire Village Roadshow (ASX:VRL)
07 Aug 2020 - Village Roadshow (ASX:VRL) has finally entered into a deal with BGH Capital which will see the private equity firm acquire the theme park and cinema operator at a price of up to $2.45 per share.