6+ hour, 5+ min ago   (110+ words) AFR Ashurst Perkins Coie has plucked seasoned corporate lawyer Ben Plotnik from rival Herbert Smith Freehills Kramer as the former seeks to expand its global private capital team following a high-profile transatlantic merger. Freehills’ special counsel Ben Plotnik is heading…...

8+ hour, 52+ min ago   (86+ words) Australian house auction clearance rate hits 19-week high as buyers hunt bargains AFR The national auction clearance rate has reached its highest level in 19 weeks with almost 60 per cent of homes cleared based on early numbers, as more buyers are…...

2+ hour, 37+ min ago   (115+ words) AFR Toronto-listed Element Fleet Management Corporation has pulled out of the auction for FleetPartners, one of Australia’s largest providers of leased cars which was put into play in July. Element, advised by JPMorgan, is the only FleetPartners’ suitor to not…...

2+ hour, 45+ min ago   (105+ words) AFR It’s the biggest shake-up in the market for more than 20 years, and if current trends persist, big banks are facing hefty declines in credit card balances. The big four banks are already feeling the squeeze from the upending of…...

2+ hour, 55+ min ago   (99+ words) AFR Two super funds, an asset consultant and four fund managers debate whether Australia’s public equity markets and its biggest players are working as they should. Big superannuation funds have built in-house equities teams and shifted huge amounts of money…...

7+ hour, 37+ min ago   (72+ words) AFR If you told a room full of cautious fund managers in early 2024 that the trade of the year would involve an ugly-cute, teeth-baring monster doll from Beijing, they’d have politely shown you the door. Sentiment towards China then wasn’t…...

13+ hour, 32+ min ago   (99+ words) Data centres lack of popular licence is new territory for big tech AFR Global technology giants like MO have used consumer popularity to shield their activities from national governments. The problem now is that the public mood of concern about…...

4+ hour, 11+ min ago   (95+ words) AFR Stock pickers must keep believing that the forces reshaping the ASX and smashing their performance are going to turn, eventually. TV’s most famous coach, Ted Lasso, had a sign that simply said “Believe” in his change rooms. Maybe it’s…...

9+ hour, 25+ min ago   (88+ words) AFR A little-known energy start-up backed by Japanese giant Sumitomo and Australia’s biggest maker of transformers has unveiled a plan for a $1.5 billion green manufacturing hub in Tasmania with the claim it will be able to supply clean power at…...

9+ hour, 46+ min ago   (90+ words) AFR Melbourne-based builder Kapitol plans to import up to 10,000 modular units from China each year for affordable housing, student accommodation and hotels as local players ramp up their use of prefabrication to reduce high construction costs. Kapitol estimates it can…...