Last updated: October 12, 2017

Atlassian HQ goes rainbow

Supplied Editorial Atlassian HQ in rainbow colours: source : supplied

Local software giant Atlassian has reinforced its support for same-sex marriage with a grand display at its Sydney offices.

Propel launches $130m IPO

Propel launches $130m IPO

The second largest private provider of death care services in Australia and NZ has plans to list as a $265m firm.

Navitas taps CFO as Jones exits

Navitas co-founder and CEO Rod Jones photographed at the company offices at Mount Pleasant in Western Australia. Picture: Colin Murty

Long-serving Navitas chief Rod Jones is set to be replaced by CFO David Buckingham in a two-step process by mid-2018.

Transurban revs up, eyes assets

Artists impression of the westbound tunnel entry portals on completion on the new M5 motorway, which is part of Westconnex. Construction on the New M5 section of the $16.8 billion WestConnex project has reached a crucial milestone after one year of work on the countries' largest motorway project.

Toll road operator Transurban has ramped up revenue and pledged to remain “disciplined” in its pursuit of NSW assets.

VIP gamblers come rolling back

(FILES) A file photo taken on February 26, 2017, shows Crown Casino signs displayed on their Melbourne casino. Up to 18 staff from Australian billionaire James Packer's Crown Resorts have been charged with promoting gambling in China, eight months after being detained, the company said on June 13, 2017. / AFP PHOTO / WILLIAM WEST

The release of Crown staff in China has signalled a return of high rollers to Australia, boosting casinos’ outlook.

Godfreys flags flat profit

Picture of Godfreys CEO Tom Krulis

Godfreys has said falling franchise fees will lead to flat earnings for 2018, as chairman Rodney Walker prepares to exit.

ASX 200 TOP GAINERS & LOSERS

Company Name Price Change %Change
IPH Limited 5.60 +0.44 UP +8.5271%
Bapcor Limited 5.46 +0.21 UP +4.0%
Nine Entertainment Co. Holdings Limited 1.46 +0.04 UP +2.8269%
ALS Limited 8.47 +0.23 UP +2.7913%
Fairfax Media Limited 1.01 +0.03 UP +2.5381%
FlexiGroup Limited 1.56 -0.06 Down -3.4162%
Whitehaven Coal Limited 3.77 -0.11 Down -2.8351%
HT&E; Limited 1.80 -0.04 Down -1.9126%
Fortescue Metals Group Ltd 4.87 -0.09 Down -1.8145%
Breville Group Limited 11.61 -0.19 Down -1.6102%

12:00AM AEDT

SurfStitch sheds UK retailer

*** BESTPIX *** A Pro-surfer Waits For A Break In The Surge
The administrators of collapsed retailer SurfStitch have sold its UK subsidiary Surfdome for nearly $12m.

Bellamy’s upgrades forecasts

Bellamy's Organic infant formula. Pic taken from web
Bellamy’s has lifted full-year guidance for its core infant formula business, but a cannery remains a drag on finances.

Mantra backs Accor takeover bid

Supplied Travel SEPTEMBER 3 2017 DEALS Mantra Towers of Chevron on the Gold Coast, NSW. For use with Flight Centre
The board of accommodation provider Mantra has unanimously backed a $1.2bn takeover by French hotel giant Accor.

Centuria erects barriers

Centuria Capital
Under-pressure Centuria Capital Group has shored up its position in its listed industrial REIT.

Lederer swoops on Corrimal centre

Western Sydney Wanderers-NRMA new sponsorship announcement
Billionaire Paul Lederer has bought Stockland Corrimal in a play valuing the centre at $70 million.

‘Patience key when diving in’

My assignment
Scale, transparency and patience are the keys to developing Australia’s nascent residential build-to-rent sector.

Office leasing surges on confidence

The Sydney Opera House and Central Business District is seen on Sunday April 16, 2017. (AAP Image/Sam Mooy) NO ARCHIVING
Business conditions are at their highest level since before the GFC, spurring an increase in office leasing.

Heavy hitters voice regulatory fears

Australia-Israel Chamber of Commerce
Tough stands by regulators and lenders could drive up property prices, three industry heavyweights said yesterday.

Grocon’s leap into build-to-rent

Athlete's Village
Grocon is taking a keen interest in the build-to-rent sector, and is actively searching for suitable sites.

Westfield flags Stratford revamp

Westfield Corporation co-ceo Steven Lowy with the $1bn redevelopment of the Century City shopping centre in Los Angeles (supplied Sept 2017).
Westfield is working through partnerships for its pipeline of apartments, which will be retained, says ­Steven Lowy.

Sullivan to fight $70m ruling

Mr Phil Sullivan victim of a Home Invasion at his home at 227 Monaco street Broad Beach Waters .
Businessman Phil ­Sullivan has vowed to appeal a judgment that he owes former investors nearly $70 million.

Charter Hall adds Bunnings sites

The logo of Wesfarmers Ltd.'s Bunnings Warehouse is displayed on shopping trolleys at a store in Sydney, Australia, on Thursday, July 28, 2011. Revenue at Bunnings, Australia's largest home improvement chain, rose 6.1 percent to A$1.6 billion, Perth-based Wesfarmers said in a statement today. Photographer: Ian Waldie/Bloomberg
Charter Hall’s property funds empire has topped $20bn with further acquisitions announced yesterday.

Lingerie concept fits bill

Bendon Shoot
Ask any group of women where their underwear is kept and you can bet that the majority will say the top drawer.

Domestic Tasman flights backed

Domestic Tasman flights backed
Making travel between Australia and New Zealand more like domestic travel can spur business traffic, says Alan Joyce.

AMP throws in stock-pick towel

AMP throws in stock-pick towel
AMP Capital is shaking up its equities business to focus on low-cost investing through automated trading.

Energy firms ‘gaming system’

BlueScope AGM
BlueScope’s Paul O’Malley says prices will rise under a clean energy target if baseload sources like coal stations close.

Mirvac planning 30-storey towers

Mirvac
Mirvac Group is working up plans for a $2 billion residential estate in the inner Sydney suburb of Marrickville.

Banks keep Austrac on side

Banks
Risk assessments helped ANZ and Westpac avoid anti-money laundering breaches when rolling out smart ATMs, CEOs say.

Minimal fallout in KPMG scandal

KPMG
Fallout from the political scandal embroiling KPMG in South Africa is yet to be felt in Australia, its new chair says.

Westpac digs in on interest-only

Banks
Westpac has defended its exposure to interest-only home loans, with CEO Brian Hartzer comfortable with the risks.

Myer chair takes fight to Lew

Myer
Garry Hounsell is supportive of CEO Richard Umbers’ ‘New Myer’ strategy.

Bellamy’s pays fine over update

Bellamy's Organic Toddler Milk Drink
Formula firm Bellamy’s has paid $66,000 after ASIC alleged it breached disclosure rules, but denies any wrongdoing.

Chinese housing demand buoyant

Properties along the coastline in the Sydney suburb of Clovelly in 2015. PHOTO: REUTERS
A clampdown on Chinese capital outflows appears to be having little impact on local property demand, says Credit Suisse.

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