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The Australian - The Australian Business Review AM
| | | | | | DJIA | 25965 | +0.86% | | S&P 500 | 2855.12 | +1.08% | | Nasdaq | 7838.81 | +1.42% | | Brent Crude | $US67.64 | -1.26% | | Iron Ore | NA | NA | | AUD | US71.11c | -0.06% | | ASX Futures | 11925 | +38 | | | |
| Good morning, readers. Here’s what is shaping the business landscape: Australian shares are on track for their best quarterly performance since the global financial crisis. The number of people buying homes as investments has fallen to the lowest level ever seen by real estate major Ray White. Ten Network Holdings has relocated ownership of the No 3 television broadcaster to The Netherlands, writes Margin Call. What to watch for: Keep up with all the latest business news as it happens in our live blog, Trading Day. | | | Forrest warns against oil drill | | Perry Williams | | Andrew Forrest has implored Norway’s government to abandon planned oil drilling in the Great Australian Bight. |
| | | Will Glasgow, Christine Lacy | | Ten Network Holdings has relocated ownership of the No 3 television broadcaster to The Netherlands. | | | | Bunnings targets tradies | | John Durie | | Bunnings reckons every customer who walks into its their stores will spend $150,000 over their lifetime. |
| | | Navitas agrees to BGH deal | | Paul Garvey | | Ben Gray’s BGH Capital looks set to finally secure its long-awaited first deal after Navitas agreed to a $2.1 billion takeover. |
| | | Affinity sticks with Velocity | | Bridget Carter | | Affinity Equity Partners is believed to have shelved plans to sell its stake in Virgin Australia’s frequent flyers program. |
| | | River City a centre of innovation | | JARED OWENS | | Queensland’s Innovation Minister Kate Jones makes no apologies for “picking winners” in her quest to transform Brisbane. |
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| | JARED OWENS | | Queensland’s Innovation Minister Kate Jones makes no apologies for “picking winners” in her quest to transform Brisbane. | | | | More pain on way: Brickworks | | Perry Williams | | Brickworks has predicted more housing pain as tighter credit and proposed changes to negative gearing dampen investor demand. |
| | | Investors dumping homes | | TURI CONDON | | The number of people buying homes as investments has fallen to the lowest level ever seen by real estate major Ray White. |
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