Yearly Archives - 2020

Vicinity Centres (ASX:VCX) takes $1.79 billion hit

24 Jul 2020 - Vicinity Centres (ASX:VCX), which operates its flagship Chadstone shopping centre in Melbourne, announced a fall of 11.3 per cent in its portfolio net value in the six months to June 30, reducing its portfolio’s value by $1.79 billion to $14.1 billion.

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US job recovery stalls, rattling the markets: ASX poised to open lower

24 Jul 2020 - The ASX looks set to drop this morning with mixed results from the US overnight as their job market recovery appears to stall. Coronavirus infections across the US have now surpassed 4 million. Back home, our budget deficit hit almost $86b last financial year. Nufarm (ASX:NUF) has decided to change its financial year end from 31 July to 30 September.

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Frydenberg reports $85.8 billion deficit: Aus shares 0.2% up at noon

23 Jul 2020 - The Australian share market opened lower this morning but is now trading 0.2 per cent up at noon. Treasurer Josh Frydenberg has confirmed an $85.8 billion deficit for the last financial year with that figure reflecting the $289 billion the Morrison Government has allocated to stimulus measures including JobKeeper.

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