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Macquarie exits airport stake

Macquarie Bank will finally walk away from Sydney Airport after deciding to offload its cornerstone stake, ending an 11-year tie that has led to it reaping hundreds of millions of dollars in fees and dividends.

02 Nov 2013
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MacBank's open hand puts wings on stocks

Plans by Macquarie Bank to give shareholders its $1.4 billion stake in Sydney Airport pushed the bank's shares to four-year highs on Friday, with sentiment also buoyed by optimism of ongoing robust profit growth.

02 Nov 2013
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Disappointed Huawei breaks its NBN silence

Huawei has broken its silence after the Coalition government decided to uphold a ban on the Chinese telco participating in the national broadband network, saying the company is "extremely disappointed".

02 Nov 2013
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Warrnambool battle could end in a stalemate

To many investors, the stories of an Asia-led Australian agriculture boom are as ancient as our wide brown land. The relatively low valuations of ASX-listed agribusinesses compared with their international peers suggest Australian investors remain cautious about this long-promised bonanza.

02 Nov 2013
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Unknowns make HECS a risky investment

University students are out on the streets protesting about it, but the Abbott government is highly unlikely to sell its $20 billion-plus HECS student loan portfolio. Education Minister Christopher Pyne stirred up a hornets' nest last Monday when he said the government would consider it, but obstacles to a sale are probably insurmountable.

02 Nov 2013
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Printer cashes $13m of paper

Wayne Sidwell, the man behind Wellcom Group, took a prominent position on the directors' trades front with his disposal of $13 million of stock.

02 Nov 2013
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Focus on neighbourhood shopping centres

Melbourne-based MAB Funds Management has moved to take advantage of strong institutional and private-sector interest in non-discretionary retail assets and put a neighbourhood shopping centre on the market.

02 Nov 2013
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Office sales set for record

Commercial office transactions in Melbourne's CBD have reached $1.8 billion and may hit a record $2.25 billion peak by year's end, research from Jones Lang LaSalle shows.

02 Nov 2013
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