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Wed, 03 Mar 2021 00:00:00 +1100
Moelis, Goodman head to new digs
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Investment house Moelis Australia has joined the list of new tenants at the recently-completed $2 billion Brookfield Place, Sydney.
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Wed, 03 Mar 2021 00:00:00 +1100
Sukin manufacturer signs 10-year lease in ESR business hub
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The manufacturer behind natural beauty brand Sukin has signed a 10-year lease to occupy a purpose-built factory and office in the new ESR Clayton Business Hub.
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Wed, 03 Mar 2021 00:00:00 +1100
Miners vow to come clean as First Nations, climate pressure builds
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Australia’s mining companies will sign up to new social and environmental monitoring guidelines amid deepening concerns about their treatment of First Nations communities.
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Wed, 03 Mar 2021 00:00:00 +1100
Land sales boom across Melbourne and Geelong’s new housing estates
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The land boom across Melbourne and Geelong’s growth areas is gaining traction as housing estate lot sales soar close to peak levels last tapped four years ago.
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Wed, 03 Mar 2021 00:00:00 +1100
Centuria looks to raise $110m from sale, buyers circle Blackstone assets
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Industrial property is in the spotlight as final bids are being reviewed for the $3.5 billion Blackstone Australian warehouse portfolio and a number of parties are in the mix for the sought-after assets.
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Wed, 03 Mar 2021 00:00:00 +1100
Jackson Motor Company buys office, warehouse for $3m
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Jackson Motor Company has acquired 1-3 Freight Road in a deal negotiated by JLL’s Anthony Cannizzaro and Mario Moscon. The 1066 sq m warehouse and office sold for $3 million.
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Tue, 02 Mar 2021 18:32:46 +1100
Corporate Game of Thrones: Nine’s fractured board belies its booming business
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With Nick Falloon’s position on the Nine board more tenuous, shareholders are dumbfounded by how a company at the peak of its success is struggling with board politics.
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Tue, 02 Mar 2021 18:11:09 +1100
‘Not a good look’: Push grows for JobKeeper payments to be returned as profits, dividends boom
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A raft of high-profile Australian businesses have been slammed by economists, investors and politicians over their decision to pocket millions in JobKeeper subsidies.
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Tue, 02 Mar 2021 18:04:59 +1100
CSL warns AstraZeneca booster shots not available until end of year
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Australia’s COVID-19 vaccine maker CSL says it is open to making booster shots for AstraZeneca for new variants of coronavirus but warns new formulas may not be available until the end of the year.
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Tue, 02 Mar 2021 17:41:56 +1100
Telstra exits finance group Greensill as it teeters on brink of collapse
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Telstra and CIMIC’s UGL are in the process of exiting their relationship with Greensill in a major blow for the group that was hit with a funds freeze overnight.
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Tue, 02 Mar 2021 16:55:22 +1100
The Reserve Bank can’t walk and chew gum at the same time
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The Reserve Bank wants to keep interest rates low to support the post-pandemic economy but will be tested by the new boom in housing. It will need help.
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Tue, 02 Mar 2021 16:15:29 +1100
Troubled Mesoblast secures crucial cash buffer from surprise US backer
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Troubled drug developer Mesoblast has been given a financial lifeline analysts expect will give it an 18-month cash buffer after securing a $138 million investment from a surprise US backer.
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Tue, 02 Mar 2021 11:56:07 +1100
Rio Tinto, BHP’s copper mine project on Apache land faces fresh blow
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The plan to build an enormous new copper mine in Arizona has faced a setback after the United States government reversed a decision to allow a necessary land swap.
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Tue, 02 Mar 2021 11:44:19 +1100
Only one thing will end the squalor of aged care
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More money is needed but it will only happen if Labor and Liberal parties take politics out of the decision.
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Tue, 02 Mar 2021 10:25:00 +1100
eCNY: China charges ahead with a new digital currency
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China is making a bold effort to remake the way that government-backed money works with its latest economics experiment: a national digital currency.
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Tue, 02 Mar 2021 09:34:25 +1100
As it happened: ASX drops 0.4% as risk appetite declines
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The S&P/ASX 200 turned a strong start into a decline, along with major Asian markets, as traders pared back Monday’s gains and economic data disappointed.
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Tue, 02 Mar 2021 09:16:06 +1100
ASX to jump as Wall Street surges to best day since June
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Stocks are rising across the board on Wall Street kicked off March with a broad rally, with the S&P 500 recording its best day in nine months.
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Tue, 02 Mar 2021 08:31:47 +1100
Greensill discussing insolvency after Credit Suisse fund freeze
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Greensill Capital is considering filing for insolvency after Credit Suisse Group froze $US10 billion worth of investment funds that the trade finance firm had relied on as buyers of the debt securities it issues.
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Tue, 02 Mar 2021 06:45:00 +1100
Europe’s economic recovery is under threat before it has really begun
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Concerns that central banks were sliding ever deeper into a “debt trap” were invariably brushed aside as a problem for the future. That future has arrived.
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Tue, 02 Mar 2021 00:05:00 +1100
Solomon Lew’s Just Group investigated over JobKeeper
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Australia’s workplace watchdog is investigating billionaire Solomon Lew’s Just Group retail empire over JobKeeper compliance issues.
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Defects are not so much a technological problem as a sociological problem.
