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The Australian
 

Good afternoon,

Australia's benchmark index, the ASX 200, reached a 100-day high on Friday , closing up 0.8 per cent at 7954.4 points, which is less than 0.2 per cent off its 52-week peak. The broader All Ordinaries was similarly buoyant, also closing 0.8 per cent higher at 8200.10.

It's taken a long time but the owner of Dreamworld­, the theme park which was the scene of four horrifying ride fatalities, has flagged its first positive full-year group earnings since the accident eight years ago.

Meanwhile, Rex Airlines' former executive chairman, Lim Kim Hai, is making moves to reclaim the position he was dumped from just last month. 

And, The Australian's Eric Johnston speaks with Professor Mark Kendall who, with retired F1 driver Mark Webber, is taking an Australian-developed wearable medical technology to the world.


Perry Williams
Business editor
The markets


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By JOHN DURIE
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Rex’s former executive chairman is seeking revenge on the directors who ousted him from the role, calling a general meeting to vote on their removal.
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