Good afternoon, Income-hungry investors are watching closely as CBA, the benchmark dividend stock, prepares to release its full-year results with the dividend set by the bank board effectively a guide to the wider market in the months ahead. The market for top-end office skyscrapers is set to again be tested, with Japanese company Mitsubishi Estate Asia looking to sell its stake in Sydney’s tallest building, the $2bn Salesforce Tower, as global investors chase local assets. Australia’s under-pressure construction sector is showing signs of stabilisation after rapidly increasing costs of acquiring materials and labour issues pushed many operators out due to the industry’s fixed-price contract method. |