Adam Rollason

1 month ago | capitalbrief.com | Adam Rollason

The news: Shares in Seek jumped after the online jobs platform announced that FY25 revenue and profit are likely to be in the top half of guidance ranges. The numbers: In an investor day update, Seek said its expects revenue for the current financial year to be at the upper end of its $1.06 billion to $1.1 billion guidance, and adjusted profit is also likely to be within the top half of its $135 million to $160 million guidance.

1 month ago | capitalbrief.com | Jennifer Duke |Anthony Galloway |Adam Rollason

BriefingLeadership Battle10:23am on 13 May 2025The news: Sussan Ley is the new opposition leader after defeating Angus Taylor in a Liberal party room vote. Sources told Capital Brief the vote was won 29 to 25. The deputy position has been contested by Ted O'Brien and Phil Thompson. Our journalists are working to update this briefing and we will publish more shortly. By, and Let me know about offers and insider updates. Your email address will be stored in accordance with ourprivacy policy.

1 month ago | capitalbrief.com | Adam Rollason

The news: Donald Trump is reportedly set to announce overnight that the US will strike a trade agreement with the UK. The numbers: The US president imposed a 10% tariff on British goods — the lowest level globally — as part of his 'Liberation Day' announcement in early April. The UK is also subject to Trump's 25% tariff on import of steel, aluminium and automobiles. The context: The New York Times was first to report that a trade deal with the UK was imminent, citing unnamed sources.

1 month ago | capitalbrief.com | Adam Rollason

The news: Shares in Zip were more than 11% higher in afternoon trade after the buy now, pay later lender reaffirmed its earnings guidance and reported strong growth in US transactions. The numbers: In a presentation to the Macquarie Australia Conference, Zip reconfirmed guidance for cash EBTDA of at least $153 million in the 2025 fiscal year.

1 month ago | capitalbrief.com | Adam Rollason

12:20pm on 7 May 2025The news: China's central bank has cut its policy rate and reduced the amount of cash lenders must hold in reserve as it seeks to boost the country's economy amid a trade war with the US, news agencies reported. The numbers: Governor of the People’s Bank of China Pan Gongsheng announced on Wednesday that it will cut the seven-day reverse repurchase rate to 1.4% from 1.5%, which will bring down the main policy rate by around 10 basis points.