KEY POINTS
Lendlease (ASX: LLC) shares rose about 4.6% to A$2.74 after it named a new CEO, even though the stock is still down about 53% over the past year.
The new boss, Nick O'Neil, joins from AustralianSuper and starts on 10 September, with Tony Lombardo stepping down by 30 June.
The…
Real Estate
Cedar Woods Properties (ASX:CWP) commits $63m to three new development sites on deferred terms while reaffirming top end FY26 earnings guidance.
HealthCo (ASX:HCW) has landed a WA Government-backed operator for the Mount Private Hospital, reshaping the risk profile of its Healthscope exposure.
Goodman Group (ASX:GMG) gave investors a fresh look at its business on Tuesday, and the numbers were solid. The company is racing to build data centres for the AI boom, and its update showed that the pipeline is getting bigger. Yet the shares barely moved, falling as much as 4% during the day before recovering…
Charter Hall (ASX:CHC) upgraded its FY26 OEPS guidance to $1.03 per share off the back of $6.5bn institutional inflows and FUM rising to $74.7 billion.
CPI Lands Wednesday: Why ASX Banks and REITs Are on Edge
Australia's April inflation figures land this Wednesday, 27 May, at 11:30 am, and for ASX investors, this is more than just another data point. Inflation hit 4.6% in March, up sharply from 3.7% in February and the highest reading since late 2023. The Reserve…
With the uproar about the CGT and Negative Gearing Changes outlined in last week's budget, you'd imagine the goalposts had been moved for good...and that's not inaccurate to say.
For years, the debate around negative gearing and the capital gains tax discount has been a no-go zone. But given the Albanese government's large majority and iron-hard…
Vicinity Centres Rises on Eastern Creek Deal
Vicinity Centres (ASX: VCX) shares jumped 1.62% to A$2.51 on Friday after the retail property giant announced a A$400 million deal to buy Eastern Creek Quarter (ECQ) from Frasers Property Australia. The site sits about 41 km from Sydney's CBD and packs more than 40,000 sqm of retail…
If you're a dividend investor, the idea of ditching big banks and miners for REITs (even high yielding ASX REITs) may sound preposterous.
After all, the big 4 banks and major miners (especially BHP and RIO) became shorthand for yield investing in Australia. And that's before you consider how REITs have been ditched in light of…
REA Group Rebounds as Margins and Growth Improve
REA Group (ASX:REA) released its Q3 FY26 update on Thursday, and the result clearly resonated with investors. On Friday, while the ASX 200 plunged 1.5% on renewed Middle East tensions, REA Group defied the sell-off to gain 1.38%, closing at A$176.89. The numbers behind the result were…
