Charter Hall Retail REIT Snaps Up Four Bunnings Stores for A$151 m to Bolster Net-lease Portfolio
Charter Hall Retail REIT (ASX: CQR) has purchased four standalone Bunnings outlets across New South Wales and Queensland for A$151 million, expanding its net-lease hardware exposure and lifting its FY26 earnings guidance.
Australia Tables Historic Environmental Reform Legislation Promising Economic Boost and Conservation Balance
Australia's government introduces comprehensive environmental reform legislation promising A$6.9 billion annual economic benefits through faster project approvals while establishing a new National Environmental Protection Agency. The landmark bill faces political challenges requiring crossbench support.
Nvidia Becomes First Company to Reach $5 Trillion Valuation as AI Chip Demand Surges
Chip-maker Nvidia has become the first company in history to surpass a $5 trillion market value, driven by soaring artificial-intelligence chip demand, strategic partnerships and a strong keynote at its GTC event — but experts warn of a possible tech bubble.
Retail Safety Crisis: Wesfarmers Reveals Spike in Threats and Assaults on Employees
Wesfarmers discloses that its retail staff faced more than 13,500 threats and about 1,000 assaults in the past year, prompting plans for enhanced safety measures across its stores.
Melbourne Event Trifecta to Spark $110 Million Business Windfall
Melbourne's upcoming event trio—Oasis, Melbourne Cup Carnival and Metallica—could generate around A$110 million in economic activity, offering a major boost to local hospitality, accommodation and retail sectors.
Sweden's EQT Launches A$5.25 Billion Bid for AUB Group in Broking Sector Shake-Up
Sweden's EQT proposes A$45 per share cash bid for Australia's AUB Group, valuing the insurance broker at A$5.25 billion amid global consolidation in the broking industry.
WiseTech Global Offices Raided by Police, Regulators Over Chairman Richard White's Share Trading
WiseTech Global headquarters raided by Australian Federal Police and ASIC investigating chairman Richard White's alleged share trading violations. Stock plunges 17% as investigation unfolds.
