Despite macroeconomic conditions remaining mixed, BlueScope chief executive Mark Vassella noted positive signs in Australian construction markets and improved spreads in the US. He stated the ...

Business-related personal insolvencies represented 28.8 per cent of total cases but comprised 78.8 per cent of new debt. These were largely concentrated in the construction and other services sectors.

In company news, SRJ Technologies wins US$23.8m NOC contract via Middle East JV SRJ Technologies (ASX:SRJ) has executed a Joint Venture Agreement with CAPSA Engineering & Contracting to deliver a four ...

New research from Global X ETFs indicates that less than one per cent of Australian active equity funds have outperformed a “growth at a reasonable price” (GARP) benchmark over the past decade. The ...

BlueScope is eyeing the magnetite ore resource near the Whyalla steelworks, currently being sold by administrators KordaMentha. Chief executive Mark Vassella highlighted the ore’s potential role in ...

Small to medium-sized enterprises (SMEs) in Queensland, Western Australia, and South Australia spearheaded the credit growth, registering increases above 5 per cent. SME credit demand in Victoria, ...

Breaking down the components of the index, short-term economic confidence showed a positive trend, increasing by 2.1 percentage points. Medium-term confidence, reflecting expectations over the next ...

According to James Hardie chief executive Aaron Erter, the results align with the update provided earlier in October. He acknowledged the ongoing challenges in the market, emphasising the need for ...

Simultaneously, the RBA acknowledged mixed signals within the labour market, describing it as still “a little tight” while admitting uncertainty in that assessment. The board also considered the ...

According to Mayne Pharma, Cosette’s existing debt funding for the scheme will remain accessible if the scheme becomes effective by November 24. However, the company noted that one lender’s due ...

Franklin Templeton’s Fixed Income team suggests investors could re-enter the market and utilise cash holdings as the Federal Reserve contemplates a shift in policy. The team notes considerable ...

Oceania Capital Partners is a private equity firm controlled by BGH Capital. Under the terms of the extended agreement, Ariadne’s portfolio services had previously nominated Daniel Weiss and Andrew ...