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 Banking Royal Commission: Economist Warning

Banking Royal Commission: Economist Warning

October 04, 2018 05:12 AM AEST| By Team Kalkine Media

Banking royal commission has laid out the policy recommendation and a lot seem to be riding on the same including the stability of Australian property markets. Consequences which are unintentional are expected from the royal commission?s recommendati...

 Magellan Financial Group Limited’s (ASX: MFG) CEO Hamish Douglass Swaps Role With Chairman Dr Brett Cairns

Magellan Financial Group Limited’s (ASX: MFG) CEO Hamish Douglass Swaps Role With Chairman Dr Brett Cairns

October 04, 2018 04:56 AM AEST| By Team Kalkine Media

Magellan Financial Group co-founder Hamish Douglass steps aside as Chief Executive Officer and takes the role of chairman at Magellan, swapping position with current Chairman Dr. Brett Cairns. In a media release dated 4 October 2018 Magellan Financi...

 IOOF Holdings’ Take Over Of ANZ’s Wealth Business Is Still In Doldrums

IOOF Holdings’ Take Over Of ANZ’s Wealth Business Is Still In Doldrums

October 04, 2018 04:51 AM AEST| By Team Kalkine Media

IOOF Holdings Limited (ASX: IFL) announced on 2 October 2018 that purchase of Australia and New Zealand Banking Group Limited?s (ANZ) OnePath pension and investments business is expected to be completed by the end of March next year. However, accordi...

 Collins Foods’ Shares Zoom Up – Fast Food Group Announces Roll Out Of More Taco Bell Restaurants

Collins Foods’ Shares Zoom Up – Fast Food Group Announces Roll Out Of More Taco Bell Restaurants

October 04, 2018 04:36 AM AEST| By Team Kalkine Media

On 4 October 2018, Collins Foods Limited (ASX: CKF) announced that the company has entered into a Development Agreement with Taco Bell (a subsidiary of Yum! Brands Inc.) that will govern the roll-out of more than 50 new Taco Bell restaurants across d...

 US Economy Is On A Roll: What Investors Need To Know

US Economy Is On A Roll: What Investors Need To Know

October 04, 2018 04:25 AM AEST| By Team Kalkine Media

The macro-economic data released on October 3, 2018 showed that the US economy is accelerating at a rapid pace lifting the hopes of the global investors. The robust momentum in the economy helped the US benchmark rates on the government bonds and, as...

 Pureprofile Limited’s (ASX: PPL) Impairments Cost Increased The FY18 Loss From $12 Million To $26 Million

Pureprofile Limited’s (ASX: PPL) Impairments Cost Increased The FY18 Loss From $12 Million To $26 Million

October 03, 2018 03:22 PM AEST| By Team Kalkine Media

In the 2018 annual report, Pureprofile Limited (ASX: PPL) announced the statutory loss after tax of $26.0 million but to the contrary in the preliminary financial results the company posted statutory loss of $12.1 million for the year ended 30 June 2...

 7 Lithium Stocks – GXY, ORE, LIT, PLS, MIN, AJM and LPD

7 Lithium Stocks – GXY, ORE, LIT, PLS, MIN, AJM and LPD

October 03, 2018 02:00 PM AEST| By Team Kalkine Media

Lithium stocks have had a strong run last year as the demand from the EV battery makers cranked up across the world, having said that the year 2018 has not been the best so far for the metals and mining stocks. Galaxy Resources Limited (ASX: GXY) -...

 Canada’s Massive LNG Project Gets A Go Ahead

Canada’s Massive LNG Project Gets A Go Ahead

October 03, 2018 01:43 PM AEST| By Team Kalkine Media

A C$40 billion liquified natural gas (LNG) project in Canada has received final approval from Anglo-Dutch giant and its stakeholders on Tuesday, thereby marking the first major victory in Canada?s energy sector over the past couple of years. The fir...

 Centuria Industrial REIT (ASX: CIP) Rejects Propertylink’s Acquisition Bid

Centuria Industrial REIT (ASX: CIP) Rejects Propertylink’s Acquisition Bid

October 03, 2018 01:36 PM AEST| By Team Kalkine Media

In an announcement to ASX, Centuria Industrial REIT said that the Independent Board Committee (IBC) of its entity Centuria Property Funds No. 2 Limited (CPF2L) has refused the takeover proposal of Propertylink Group (ASX: PLG). The offer was receive...

 Max Brenner Is Considering Recapitalization Of Its Business

Max Brenner Is Considering Recapitalization Of Its Business

October 03, 2018 01:25 PM AEST| By Team Kalkine Media

The luxury chocolate chain Max Brenner is currently dealing with an uncertain future as it is considering going into voluntary administration. This decision is being taken mainly due to the sluggish sales and rising costs which have made a tough reta...

 REST Facing Legal Battle Amidst Climate Risk

REST Facing Legal Battle Amidst Climate Risk

October 03, 2018 01:19 PM AEST| By Team Kalkine Media

Over claims breached in its trustee duties by failing to properly factor in the climate change-related risks into its investment decisions, industry super fund REST is facing a new federal court legal battle. For many retail workers REST is the defau...

 Review Of Lynas Corporation’s Tax Holiday

Review Of Lynas Corporation’s Tax Holiday

October 03, 2018 01:12 PM AEST| By Team Kalkine Media

Lynas Corporation (ASX: LYC) believes that the tax break which the company has been granted for the period of 12-years needs to review in regards to the earth refinery. For that matter, the top management of the company has published the letter to Ma...

 Market Updates: What’s Impacting The Global Markets?

Market Updates: What’s Impacting The Global Markets?

October 03, 2018 09:14 AM AEST| By Team Kalkine Media

The macro-economic indicators have been impacting the markets globally. The mixed sentiments as reflected in the global markets were witnessed because of the number of risk factors coupled with the fading optimism with regards to the USMCA (United St...

 The battle of 18-year Tampon Tax Has Finally Come To An End In Australia

The battle of 18-year Tampon Tax Has Finally Come To An End In Australia

October 03, 2018 09:04 AM AEST| By Team Kalkine Media

After being into controversies for last 18 years, ?tampon tax? has finally been knocked down today. The day marks the historical judgement by Australia?s treasurers who abolished one of the most hated tax applied on women?s sanitary products. In the...

 Global Construction Services Shares Uplifted After Securing A Four-Year Contract By Woodside Energy Ltd

Global Construction Services Shares Uplifted After Securing A Four-Year Contract By Woodside Energy Ltd

October 03, 2018 08:59 AM AEST| By Team Kalkine Media

On 3 October 2018, Global Construction Services Limited (ASX: GCS) announced that it has secured a four-year contract by Woodside Energy Ltd as operator of the North West Shelf gas. Following this news, the share price of the company uplifted by 4.16...

 Total Dwelling Approvals Falling Drastically

Total Dwelling Approvals Falling Drastically

October 03, 2018 08:44 AM AEST| By Team Kalkine Media

In almost two years, new dwelling approvals have fallen to their lowest level by 9.4 percent for August on seasonally adjusted terms, taking the annual fall to 13.6 per cent. Drooping by more than one-third were the building approvals for high-rise a...

 Spookfish Limited (ASX: SFI) Receives $5 Million Royalty Payment From EagleView

Spookfish Limited (ASX: SFI) Receives $5 Million Royalty Payment From EagleView

October 03, 2018 07:35 AM AEST| By Team Kalkine Media

Spookfish Limited announced the receipt of $5 million royalty payment from Eagle View Technologies on 28 September 2018. It is said to be in accordance with the Development, License and Royalty Agreement that Spookfish and EagleView have entered on 1...

 Corporatisation and Restructure Proposal Announced by Ardent Leisure Group

Corporatisation and Restructure Proposal Announced by Ardent Leisure Group

October 03, 2018 07:10 AM AEST| By Team Kalkine Media

On 3 October 2018, Ardent Leisure Group?s (ASX: AAD) made an announcement regarding a? proposal for the corporatisation of the Ardent Leisure Group which will involve a formation of the new company called Ardent Leisure Group Limited to replace the c...

 News - The Australian dollar on the brink

News - The Australian dollar on the brink

October 03, 2018 07:08 AM AEST| By Team Kalkine Media

Against the greenback, the Aussie has shed 7.9 percent so far this year. The RBA’s recent decision to hold the cash rate at 1.5 per cent has blurred the currency’s outlook. The AUD dropped to as low as US 71.62c overnight, and as a proxy...

 Apple Unable to Meet Customers’ Demand on New Version of iPhones

Apple Unable to Meet Customers’ Demand on New Version of iPhones

October 03, 2018 07:03 AM AEST| By Team Kalkine Media

Apple Inc. (NYSE: AAPL) failed to meet the huge demand of its new version (i.e., iPhone XS or XS Max)?of its flagship product in the retail stores. The customers have complained that even after ordering the product online, the retail stores were unab...

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