Australian Vanadium signs MOU with Westgold Resources for water supply

Australian Vanadium signs MOU with Westgold Resources for water supply

25 Jun 2019 - Australian Vanadium (ASX:AVL) has signed a Memorandum of Understanding with Gold miner Westgold Resources (ASX:WGX) to access water for their Vanadium Project south of Meekatharra, in Western Australia.
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Althea MMJ to supply first UK medical cannabis pilot

Althea MMJ to supply first UK medical cannabis pilot

25 Jun 2019 - Australian medicinal cannabis company Althea Group Holdings (ASX:AGH) through its wholly-owned subsidiary Althea MMJ has moved forward with plans to increase the number of patients prescribed medical cannabis in the UK.
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Markets await G20 summit meetings: ASX poised to open lower

Markets await G20 summit meetings: ASX poised to open lower

25 Jun 2019 - Following soft leads from US markets, the Australian share market looks set to open lower. President Trump has signed an executive order imposing “hard-hitting” new sanctions on Iran. Investors are waiting anxiously for outcome of a ...
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Back into record territory on Ausdrill rally, rates cut in July: ASX 0.2% higher

Back into record territory on Ausdrill rally, rates cut in July: ASX 0.2% higher

24 Jun 2019 - Aussie shares back close 0.2% higher after spending most of the day in the red. Westpac (ASX:WBC) expects rates to be cut in July. Navitas’ (ASX:NVT) BGH takeover now legally effective & it ceases trading on the ASX after gaining 28%...
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Aveo Group and Metcash selling weigh on Monday: Aus shares 0.3% lower at noon

Aveo Group and Metcash selling weigh on Monday: Aus shares 0.3% lower at noon

24 Jun 2019 - Aussie share market pairs back from fresh highs and remains in red for 2nd day. Metcash is tracking 9.5 per cent lower despite swinging to profit. Domino’s Pizza Enterprises (ASX: DMP) upgraded to buy on 2.5x Euro scale up. Aveo Grou...
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ACCC concerned over AP Eager acquisition of AHG

ACCC concerned over AP Eager acquisition of AHG

24 Jun 2019 - ACCC raised concerned over AP Eagers(ASX:APE) potentially taking over Automotive Holdings Group (AHG) (ASX:AHG).
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City Chic Collective FY19 EBITDA $24-25m, sales ‘in their favour’

City Chic Collective FY19 EBITDA $24-25m, sales ‘in their favour’

24 Jun 2019 - Australian retailer, City Chic (ASX:CCX) is eyeing FY19 full-year underlying earnings before interest, taxation, depreciation and amortisation from continuing operations of between $24 and $25 million, which is in line with analyst c...
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Metcash back to black, $192.8m profit FY19 on supermarkets

Metcash back to black, $192.8m profit FY19 on supermarkets

24 Jun 2019 - Owner of IGA, Mitre 10 and Home Timber & Hardware, Metcash (ASX:MTS) has swung back into profit territory, reporting a $192.8 million profit for the year ending 30 April 2019. It was a surge from the prior year’s $148.2 million loss ...
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Murray Goulburn settles $42 million class action

Murray Goulburn settles $42 million class action

24 Jun 2019 - Murray Goulburn Co-operative (ASX:MGC) has settled the $42 million Endeavour River class action in the Federal Court of Australia.
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ANZ NZ welcomes independent reviews

ANZ NZ welcomes independent reviews

24 Jun 2019 - ANZ New Zealand (ASX:ANZ) says it’s willing to work with the Reserve Bank of New Zealand (RBNZ) on independent reviews of its capital models and attestation process.
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Ausdrill’s Barminco wins 5-year, $800m Botswana contract

Ausdrill’s Barminco wins 5-year, $800m Botswana contract

24 June 2019 - Ausdrill’s (ASX:ASL) hard-rock underground miner Barminco, has been awarded a 5-year mining services contract worth $800 million.
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Income tax cuts on PMs agenda: ASX set to open lower

Income tax cuts on PMs agenda: ASX set to open lower

24 Jun 2019 - Following weak leads from US markets on Friday the ASX looks set to open lower. Prime Minister Scott Morrison is set to speak at the West Australian Chamber of Commerce, his first major speech on the economy since the election. Incom...
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Oil and gold climb throughout the week: ASX closed 0.6% lower

Oil and gold climb throughout the week: ASX closed 0.6% lower

21 Jun 2019 - The ASX dropped at the open and slipped throughout the day. The Energy sector led the way as the price of oil climbed. Meanwhile, the healthcare sector fell behind. Gold miners did well this week, as central bank warnings of a weaker...
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Energy sector leading the way: ASX 0.3% lower at noon

Energy sector leading the way: ASX 0.3% lower at noon

21 Jun 2019 - The ASX opened higher following positive leads from Wall Street and is now tracking 0.3% higher at noon. Shares in CSL (ASX:CSL) have seen a drop this morning after updating the ASX on the process to its own Good Supply Practice lice...
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The a2 Milk Company welcomes measures to protect consumers in China

The a2 Milk Company welcomes measures to protect consumers in China

21 Jun 2019 - The a2 Milk Company (ASX:A2M) says they welcome measures that protect the rights and safety of consumers and the overall integrity of ecommerce channels.
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CSL transition to own distributor model in China

CSL transition to own distributor model in China

21 Jun 2019 - This morning CSL (ASX:CSL) provided an update on the process of the transition to its own Good Supply Practice license in China in FY 2020.
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Domino’s Pizza Enterprises addresses speculation on MD succession

Domino’s Pizza Enterprises addresses speculation on MD succession

21 Jun 2019 - Domino’s Pizza Enterprises (ASX:DMP) has had some speculation in the UK media that its CEO Europe, Andrew Rennie, has been identified as a leading candidate to replace the outgoing Managing Director of Domino’s Pizza Group.
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Extension for Wattle Health Australia for proposed acquisition for B&P

Extension for Wattle Health Australia for proposed acquisition for B&P

21 Jun 2019 - Wattle Health Australia (ASX:WHA) has signed an extension till the end of July with Mason Group Holdings to complete the proposed acquisition for Blend and Pack.
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Boral signs Scoresby property agreement with Mirvac

Boral signs Scoresby property agreement with Mirvac

21 Jun 2019 - Construction company Boral (ASX:BLD) has entered into a property development management deed with Mirvac (ASX:MGR).
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Vicinity prices $400m of medium term notes

Vicinity prices $400m of medium term notes

21 Jun 2019 - Vicinity Centres (ASX:VCX) today announced that it has priced $400 million of six-year medium term notes, comprising $225 million of fixed rate notes and $175 million of floating rate notes.
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MLC's approach to fixed income

MLC's approach to fixed income

21 Jun 2019 - MLC Portfolio Manager Nicholas Hofmeyr speaks to MLC Research Manager Rebecca Collins about the record low interest rate environment and why active management in fixed income portfolios is important.
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Trump plays down Iran tensions: ASX poised to open flat

Trump plays down Iran tensions: ASX poised to open flat

21 Jun 2019 - Following positive leads from US markets, the ASX looks set to open higher. The S&P 500 saw record highs – their best June since 1955. Commodity prices saw a surge as tensions bubble between the US and Iran. Beyond International (ASX...
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Stellar session: Aus shares close 0.6% higher, 140 pts off all time high

Stellar session: Aus shares close 0.6% higher, 140 pts off all time high

20 Jun 2019 - The local bourse pushed higher throughout the day, closing at another fresh high of 6,687pts, 140pts off the all-time high. GPT Group (ASX:GPT) inks commitments to raise $800m, Citi Research ups 12-month price target to $5.73 from $5...
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New 11.5yr ASX high, while Caltex & Rio cap gains: Aus shares 0.2% higher at noon

New 11.5yr ASX high, while Caltex & Rio cap gains: Aus shares 0.2% higher at noon

20 Jun 2019 - Aus shares hit new fresh high & the ASX200 is now 165pts off the all-time high. Caltex (ASX:CTX) loses 18%, 5-yrs of gains on profit/earnings downgrade. Resolute Mining (ASX:RSG) to have world’s first fully automated underground gold...
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Villa World plans on recommend AVID $293.5m takeover offer

Villa World plans on recommend AVID $293.5m takeover offer

20 Jun 2019 - Property developer Villa World (ASX:VLW) plans to recommend that shareholders vote in favour of the revised $293.5 million takeover offer from AVID Property Group Australia.
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Caltex slashes NPAT by $156m & EBIT by $173m

Caltex slashes NPAT by $156m & EBIT by $173m

20 Jun 2019 - Caltex (ASX:CTX) expects its half-year 30 June 2019 replacement cost operating profit (RCOP) NPAT to be $156 million less, than the same time last year’s result.
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Sydney Airport overseas passengers soars 6.3% in May, boosted by US & Asia

Sydney Airport overseas passengers soars 6.3% in May, boosted by US & Asia

20 Jun 2019 - Sydney Airport (ASX:SYD) saw the number of passengers last through its Airport grow 2.4 per cent in May, compared to the same month last year (2018), fuelled by US and Asian travellers.
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FNP enters supply agreement with global pharma co for Lactoferrin

FNP enters supply agreement with global pharma co for Lactoferrin

20 Jun 2019 - Freedom Foods Group (ASX:FNP) enters into long-term supply agreement with a major global pharmaceutical company for key ingredient Lactoferrin & has commitments to sell FY2020 capacity.
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BOQ chief financial officer to step down following FY19 results

BOQ chief financial officer to step down following FY19 results

20 Jun 2019 - The Bank of Queensland (ASX:BOQ) chief financial officer, Matt Baxby to stand down following the group full-year results in October 2019.
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Rio Tinto drops iron ore guidance by ~13 million tonnes

Rio Tinto drops iron ore guidance by ~13 million tonnes

20 Jun 2019 - Rio Tinto (ASX:RIO) drops iron ore Pilbara shipments guidance for 2019 by about 13 million tonnes, amid mine operational challenges.
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MLC talks trade tension and market opportunity

MLC talks trade tension and market opportunity

20 Jun 2019 - MLC Portfolio Manager Dr Ben McCaw talks to MLC Research Manager Rebecca Collins about US-China trade tensions, the upcoming G20 meeting, North Korea and implications for Australia.
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Aus shares 180pts from all time high, ASX eyes a rise of 0.1% as Fed hints at rate cut

Aus shares 180pts from all time high, ASX eyes a rise of 0.1% as Fed hints at rate cut

20 Jun 2019 - US stocks closed higher with the Fed Reserve hinting that a rate could be close with eight FOMC members in favour of a cut this year. RBA Gov' Lowe speech at 11.15am at CEDA. BWP Trust (ASX:BWP) releasing profits from 4 property sale...
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On the heels of a new all-time high: Aus shares close 1.2% higher

On the heels of a new all-time high: Aus shares close 1.2% higher

19 June 2019 - Australian share market eyes all-time highs after closing at 6,648, not far from the 6,828.7 pts high hit on 1 November 2007. Bluescope Steel (ASX:BSL) rises EBIT guidance 6%, increased buy-back by $250m.
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Aus shares hit another new fresh high 6,644pts: ASX 1% up at noon

Aus shares hit another new fresh high 6,644pts: ASX 1% up at noon

19 Jun 2019 - Most sectors rise up on ASX with ASX200 hitting a new fresh high of 6,644pts. Nanosonics (ASX:NAN) shares hit all-time high on France support. Orthocell (ASX:OCC) proves patients can regain oral function using its CelGro bone regener...
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Syrah Resources announces Gredmann as its graphite trader in China

Syrah Resources announces Gredmann as its graphite trader in China

19 Jun 2019 - Syrah Resources (ASX:SYR) inks a binding agreement with Gredmann to sell its graphite in China, capped at 279,000 tonnes.
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People Infrastructure to snap up two QLD recruitment practices for $16.8m

People Infrastructure to snap up two QLD recruitment practices for $16.8m

19 Jun 2019 - People Infrastructure (ASX:PPE) plans to snap up two QLD healthcare staffing agencies, First Choice Care Pty Ltd, and Carestaff Nursing Services Pty Ltd for $16.8 million.
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GPT Group to up stake in Darling Park, Cockle Bay Wharf & raise $800m

GPT Group to up stake in Darling Park, Cockle Bay Wharf & raise $800m

19 June 2019 - The GPT Group (ASX:GPT) has launched a $850 million capital raise as part of ramping up its property purchases. It also plans to increase stake in Darling Park, Cockle Bay Wharf to 75%.
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Growthpoint Properties ups guidance & declares 11.6cps distribution

Growthpoint Properties ups guidance & declares 11.6cps distribution

19 Jun 2019 - Growthpoint Properties Australia (ASX:GOZ) has ups its funds from operations (FFO) per security guidance for FY19, and is now eyeing 25 cents per security. That’s a rise from 24.8 cents per stapled security or share.
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Bravura beefs up GBST takeover by 8% to $2.72p/s ($184.7m)

Bravura beefs up GBST takeover by 8% to $2.72p/s ($184.7m)

19 Jun 2019 - Bravura (ASX:BVS) has bumped up its takeover for fellow financial services tech company GBST (ASX:GBT) to $2.72 per share.
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WBC hires head of new business division, Guilherme Lima

WBC hires head of new business division, Guilherme Lima

19 Jun 2019 - Westpac (ASX:WBC) has hired Guilherme (Guil) Lima as chief executive of its business division. He is currently HSBC Hong Kong’s group head of wealth management.
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Aus shares to extend on yesterday’s highs, Wall St rallies on Fed optimism

Aus shares to extend on yesterday’s highs, Wall St rallies on Fed optimism

19 Jun 2019 - US stocks rally on Tuesday, as Trump is set to meet Xi Jinping at G-20, while Fed holds two day meeting. Iron ore priice new fresh high $112. ASX futrues eye rise of 0.6%, following yesterday's 0.6% lift and a close at 6,570pts. Xeni...
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ASX shrugs off weaker than expected property data, Fed meets: Aus shares close 0.6% higher

ASX shrugs off weaker than expected property data, Fed meets: Aus shares close 0.6% higher

18 Jun 2019 - Local share market muster ups, defying weaker than expected property price falls. All ASX sectors end higher with four sectors gaining over 1%. US Fed Reserve meets Tues ET (US) time. Charter Hall (ASX:CHC) declares 6% higher distrib...
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Property prices fall more than expected: Aus shares bounce back, 0.4% higher at noon

Property prices fall more than expected: Aus shares bounce back, 0.4% higher at noon

18 Jun 2019 - The local share market bounces back from yesterday’s fall, rising 0.4% at noon with most sectors charging higher. Property prices fall 3% in March Qtr, more than 2.5% drop expected. Citi drops McMillan Shakespeare (ASX:MMS) 12mnths p...
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Resolute Mining to list on London Stock Exchange, publishes prospectus

Resolute Mining to list on London Stock Exchange, publishes prospectus

18 Jun 2019 - Resolute Mining (ASX:RSG) has today announced the UK Financial Conduct Authority (FCA) has approved publication of the Company’s Prospectus in support of the intention to list on the London Stock Exchange (LSE).
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Webjet unveils blockchain innovations

Webjet unveils blockchain innovations

18 Jun 2019 - Digital travel business Webjet (ASX:WEB) has unveiled its two recent blockchain innovations, Rezchain and Rezpayments.
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Incitec Pivot Chairman to retire

Incitec Pivot Chairman to retire

18 Jun 2019 - Incitec Pivot (ASX:IPL) has today announced that Mr Paul Brasher will retire as Chairman and as a non-executive director at the end of the month.
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Macmahon to snap up underground contractor GBF Group

Macmahon to snap up underground contractor GBF Group

18 Jun 2019 - Mining services company Macmahon Holdings (ASX:MAH) has inked a deal to acquire 100 per cent of underground contractor GBF Group.
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Coles eyes $1b in cost cuts by 2023

Coles eyes $1b in cost cuts by 2023

18 Jun 2019 - Coles (ASX:COL) is set to cut costs, optimise its store network and increase sustainability in a structural overhaul following its $20 billion demerger from Wesfarmers.
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