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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Bluescope Steel lowers earnings guidance on back of weaker US steel margins

Bluescope Steel lowers earnings guidance on back of weaker US steel margins

18 Jun 2019 - BlueScope Steel (ASX:BSL) has lowered its FY19 underlying earnings (EBIT) guidance to $1.35B, which is 6 per cent higher than the year earlier period but is below previous guidance of a 10 per cent increase versus FY18.
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Wall St makes modest gains, investors await Federal Reserve meeting: Aus shares to open flat

Wall St makes modest gains, investors await Federal Reserve meeting: Aus shares to open flat

18 Jun 2019 - Australian shares are poised for a lacklustre start following modest gains on Wall Street overnight. Independence Group (ASX:IGO) subsidiary, Independence Newsearch has inked an Earn in and Joint Venture Agreement with Classic Minera...
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WHSP's co-owned Palla Pharma settles codeine poppy dispute: ASX closes 0.4% lower

WHSP's co-owned Palla Pharma settles codeine poppy dispute: ASX closes 0.4% lower

17 Jun 2019 - Aus shares start week with loss of 0.4%. AUD nears month-lows. Iron ore multi-year highs. WHSP's co-owned Palla Pharma (ASX:TPE) settles codeine poppy dispute. Vocus Group (ASX:VOC) gives up 2019's gains on AGL (ASX:AGL) washing hand...
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Vocus loses 2nd potential takeover, falls 30%: Aus shares 0.2% lower at noon

Vocus loses 2nd potential takeover, falls 30%: Aus shares 0.2% lower at noon

17 Jun 2019 - Aus shares dropped at open, remaining in the red while AUD trades at 68.83 US. Vocus (ASX:VOC) loses 2019 gains on AGL (ASX:AGL) axing takeover plans. Fiducian (ASX:FID) to buy MyState's (ASX:MYS) financial planning book for $3.5m. K...
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St Barbara hits annual production record, Atlantic shareholders to vote on takeover

St Barbara hits annual production record, Atlantic shareholders to vote on takeover

17 Jun 2019 - St Barbara (ASX:SBM) has hit an annual production record at its PNG Simberi site after exceeding the previous record of 134,661 ounces of gold. The gold miner now expects to produce close to 140,000 ounces for FY19 beating the prior ...
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Pilbara Minerals Pilgangoora production and sales update

Pilbara Minerals Pilgangoora production and sales update

17 Jun 2019 - Pilbara Minerals (ASX:PLS) has announced record production at its Pilgangoora Lithium-Tantalum Project in Western Australia.
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Cochlear receives FDA tick of approval for Nucleus Profile Plus Series

Cochlear receives FDA tick of approval for Nucleus Profile Plus Series

17 Jun 2019 - Cochlear (ASX:COH) has today announced that it has received US Food and Drug Administration approval for its new Nucleus Profile Plus Series implant.
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AGL abandons due diligence on Vocus

AGL abandons due diligence on Vocus

17 Jun 2019 - AGL (ASX:AGL) has abandoned its $3 billion bid for telecommunications company Vocus just days after entering into due diligence.
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McMillanShakespeare’s UK asset and broking businesses hit by soft market conditions

McMillanShakespeare’s UK asset and broking businesses hit by soft market conditions

17 Jun 2019 - McMillanShakespeare (ASX:MMS) has today announced its UK asset management and broking businesses have been impacted by soft market conditions and increased competition which has reduced margins.
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ANZ NZ CEO departs following Board concerns about personal expenses

ANZ NZ CEO departs following Board concerns about personal expenses

17 Jun 2019 - ANZ (ASX:ANZ) New Zealand CEO David Hisco will leave the after an internal review raised concerns about certain expenses.
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PARKD (ASX:PKD) - modular car parking systems

PARKD (ASX:PKD) - modular car parking systems

17 Jun 2019 - PARKD Limited (ASX:PKD) Managing Director & COO, Peter McUtchen, discusses the company's modular car parking systems' advantages over conventional car parks, contract wins and 2H19 outlook.
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Chipmakers weigh on Wall Street: Aus shares to defy leads open slightly higher

Chipmakers weigh on Wall Street: Aus shares to defy leads open slightly higher

17 Jun 2019 - Australian shares are set to open the week slightly higher despite weak leads from Wall Street. US sharemarkets eased on Friday, stocks fell after a sharp decline in Broadcom shares put the broader tech sector under pressure. Afterpa...
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Iron ore price surges: ASX closes 0.2% higher

Iron ore price surges: ASX closes 0.2% higher

14 June 2019 - It has been a positive day of trade for the ASX, closing 0.2% higher. Afterpay's (ASX:APT) shares continue to take a dip after reporting their compliance with anti-money laundering laws under AUSTRAC scrutiny earlier this week. The ...
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Cashwerkz (ASX:CWZ) now over $2b on its platform

Cashwerkz (ASX:CWZ) now over $2b on its platform

14 Jun 2019 - Cashwerkz (ASX:CWZ) Director, John Nantes talks about its platform that allows easy access to cash and term deposits from over 40 banks and credit unions.
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Fortescue Metals Group on the up: ASX tracking 0.1% higher at noon

Fortescue Metals Group on the up: ASX tracking 0.1% higher at noon

14 Jun 2019 - The ASX opened higher yet took a dip as the morning progressed and is now tracking 0.1% higher at noon. Fortescue Metals Group (ASX:FMG) shares shot up almost 5%. Subsidiary, FMG Resources along with the Tasman Group (ASX:TAS) announ...
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Newman Manion to become Collins Foods new Executive Director

Newman Manion to become Collins Foods new Executive Director

14 Jun 2019 - Collins Foods (ASX:CKF) is pleased to announce the transition of Newman Manion to the role of Executive Director of the Company.
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DomaCom poised for expansion with capital raise

DomaCom poised for expansion with capital raise

14 Jun 2019 - Fractional property ownership company DomaCom (ASX:DCL) has completed a capital raise, to expand its property platform.
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Meridian Energy sees lower electricity demand in May

Meridian Energy sees lower electricity demand in May

14 June 2019 - New Zealand's Meridian Energy (ASX:MEZ) have released their monthly operating report for the month of May 2019 showing that June saw national hydro storage increased from 107 per cent to 122 per cent of historical average.
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McGrath hires NASDAQ-experienced CFO

McGrath hires NASDAQ-experienced CFO

14 Jun 2019 - McGrath (ASX:MEA) has bolstered its management team, and hired an ASX listed experienced chief financial officer, Howard Herman, with the appointment to take effect from 24 June 2019.
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Hazer Group (ASX:HZR) - hydrogen & graphite from hydrocarbons

Hazer Group (ASX:HZR) - hydrogen & graphite from hydrocarbons

11 Jun 2019 - Hazer Group Limited (ASX:HZR) Managing Director & CEO Geoff Ward discusses the company's hydrogen and graphite production technology, progress towards first commercial scale plant and the market opportunity.
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AMP responds to APRA’s compliance orders

AMP responds to APRA’s compliance orders

14 Jun 2019 - AMP (ASX:AMP) released a statement to the ASX this morning saying they would fully implement the directions and conditions set out by Australian Prudential Regulation Authority (APRA) regarding compliance orders on AMP Super.
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Tasman Resources and FMG Resources sign a JV over Vulcan in SA

Tasman Resources and FMG Resources sign a JV over Vulcan in SA

14 Jun 2019 - Tasman Resources (ASX:TAS) and FMG Resources, a subsidiary of Fortescue Metals Group (ASX:FMG) have executed a conditional, formal Farm-in and Joint Venture Agreement over Tasman’s wholly owned Exploration Licence that hosts the Vulc...
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Oil jumps after tanker attacks: ASX poised to open higher

Oil jumps after tanker attacks: ASX poised to open higher

14 Jun 2019 - ASX is set to open higher. Wall Street had late rises after a two day slide. The price of oil is on the rise after attacks on tanker ships near the world's busiest sea lane for oil shipments. The price of iron ore has surged. And Pal...
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ASX closes in red for 2nd day but holds 11.5yr highs: Aus shares close 0.02% lower

ASX closes in red for 2nd day but holds 11.5yr highs: Aus shares close 0.02% lower

13 Jun 2019 - The Australian share market opened higher, before closing marginally lower for the 2nd day. Tech sector sheds 3% on Afterpay (ASX:APT) AML fear selling. Harvey Norman (ASX:HVN) loses about 4 wks of gains. Australia's employment parti...
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Lake Resources (ASX:LKE) cap raising to progress proven project

Lake Resources (ASX:LKE) cap raising to progress proven project

13 Jun 2019 - Lake Resources Limited (ASX:LKE) Managing Director Steve Promnitz discusses raising $2.7 million after being presented with positive drill results from the company's Cauchari Lithium Brine Project in Argentina, which adjoins Orocobre...
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Aus participation rate hits all time high: Aus shares steady at noon, holding fresh highs

Aus participation rate hits all time high: Aus shares steady at noon, holding fresh highs

13 Jun 2019 - The Australian share market opened higher and is holding steady at Midday with gains being capped by falls in Afterpay Touch Group (ASX:APT) and Challenger (ASX:CGF). Trend participation rate hits all-time high, beating expectations....
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ACCC flags concerns about proposed takeover of Ruralco

ACCC flags concerns about proposed takeover of Ruralco

13 Jun 2019 - Australia's antitrust regulator has raised concerns over whether the proposed takeover of Ruralco Holdings (ASX:RHL) by Nutrien could reduce wholesale competition and lead to discrimination against some independent retail stores.
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AUSTRAC orders external audit of Afterpay

AUSTRAC orders external audit of Afterpay

13 Jun 2019 - Financial crime watchdog, AUSTRAC has ordered Afterpay (ASX:APT) to appoint an external auditor to investigate it's compliance with money laundering and terrorism financing laws.
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CBA announces divestment of financial advice business

CBA announces divestment of financial advice business

13 Jun 2019 - The Commonwealth Bank (ASX:CBA) has today entered into an agreement to sell its financial advice businsess Count Financial to ASX-listed accounting firm CountPlus for $2.5 million.
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Carsales pursuing sale of it’s 501% stake in Stratton Finance

Carsales pursuing sale of it’s 501% stake in Stratton Finance

13 Jun 2019 - Online automotive marketplace, carsales (ASX:CAR) is pursuing the sale of it 50.1 per cent interest in vehicle finance broking business Stratton Finance.
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Wesfarmers flags slowing sales growth for Kmart

Wesfarmers flags slowing sales growth for Kmart

13 Jun 2019 - Wesfarmers (ASX:WES) retailer Kmart has experienced slowing sales growth over the second half of the 2019 financial year.
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Northern Star Resources announces two new board appointments

Northern Star Resources announces two new board appointments

13 Jun 2019 - ern Star Resources (ASX:NST) has today announced the appointment of Mary Hackett and Nick Cernotta as Non-Executive Directors, effective from 1 July 2019.
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Tech puts the brakes on Wall Street’s June rally: Aus shares set for flat start

Tech puts the brakes on Wall Street’s June rally: Aus shares set for flat start

13 Jun 2019 - Rio Tinto (ASX:RIO) has released an audit of its global tailings dams around the world identifying dozens of sites that would generate a “high” hazard if they were to fail.
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APRA to lift capital requirements for investor and interest only loans: Aus shares close 0.04% lower

APRA to lift capital requirements for investor and interest only loans: Aus shares close 0.04% lower

12 Jun 2019 - The ASX200 dropped after APRA confirmed that it would increase capital requirements for investor and interest only loans. Following this news the big 4 banks took a hit which weighed on the market causing the market to close 0.04 per...
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Another fresh record for the ASX, iron ore lifts 5%: Aus shares 0.2% higher at midday

Another fresh record for the ASX, iron ore lifts 5%: Aus shares 0.2% higher at midday

12 Jun 2019 - Aus shares set record highs for 2nd day in a row. Materials shine with Fortescue Metals (ASX:FMG) shares up 4.5% Emeco Group (ASX:EHL) up 13.6% after lifting guidance earnings 40%. Afterpay (ASX:APT) shares up 5.6% on raising $317.2m...
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Afterpay raises $317.2m, directors sell $103.5m to US investors

Afterpay raises $317.2m, directors sell $103.5m to US investors

12 Jun 2019 - Afterpay Touch Group Limited (ASX:APT) announced it raised $317.2 million via a fully underwritten institutional placement, initially planning to raise $300 million.
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Wesfarmers catches Catch Group for $230 million

Wesfarmers catches Catch Group for $230 million

12 Jun 2019 - Wesfarmers (ASX:WES) inked to deal to snap up Australian online retailer Catch Group Holdings $230 million cash.
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Netlinkz (ASX:NET) - virtual networking specialist

Netlinkz (ASX:NET) - virtual networking specialist

12 Jun 2019 - Netlinkz Limited (ASX:NET) Executive Chairman, James Tsiolis, discusses the company's software to enable organisations to quickly connect sites, devices and staff over the internet through a unique network solution.
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Macmahon in talks with Newcrest, pre-empts provision $25-35m

Macmahon in talks with Newcrest, pre-empts provision $25-35m

12 Jun 2019 - Macmahon (ASX:MAH) and gold major, Newcrest Mining (ASX:NCM) have entered into good faith negotiations regarding Macmahon’s life of mine mining contract at the Telfer project.
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Emeco earnings to lift 40% & EBIT margin to be up to 47%

Emeco earnings to lift 40% & EBIT margin to be up to 47%

12 Jun 2019 - Emeco (ASX:EHL) expects its FY19 earnings to be about 40 per cent higher than FY18 and to be between $211 million and $213 million, while its outlook for FY20 remains strong.
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Management expert hired to Sky Network TV as CFO

Management expert hired to Sky Network TV as CFO

12 Jun 2019 - Sky Network Television (ASX:SKT) appoints Blair Woodbury, who helped spin out Chorus (ASX:CNU) from Spark NZ (ASX:SPK), as its Chief Financial Officer.
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