Articles

  • 6 days ago | news.bloombergtax.com | Ainslie Chandler

    Real estate analytics provider CoStar Group Inc. has entered a binding agreement to buy property portal Domain Holdings Australia Ltd. in a deal that values the target at A$3 billion ($1.92 billion). CoStar, which already holds almost 17% of the company, will pay A$4.43 per share for the remainder, Domain said Friday in a statement. The buyer had first offered A$4.20 per share in February, before boosting its bid to the current level on March 27.

  • 6 days ago | bloomberg.com | Ainslie Chandler

    Sydney Harbour and the skyline of the central business district (CBD) in Sydney, Australia, on Tuesday, April 29, 2025. Australian capital city house prices continue to rise, and hotly anticipated interest rate cuts later this year could add further fuel to the fire, leaving some buyers and renters struggling to keep roofs over their heads. Photographer: Brendon Thorne/Bloomberg(Bloomberg) -- Real estate analytics provider CoStar Group Inc.

  • 1 week ago | bloomberg.com | Ainslie Chandler

    Good morning, it’s Ainslie here on a crisp morning in Sydney. Trump is saying he won’t blink first in his tariff standoff with China ahead of talks in Europe this week. But first... Today’s must-reads:• ANZ profit beats estimates• ASIC targets Macquarie Bank • India-Pakistan latestANZ Bank’s profit topped estimates in the first half amid continued momentum across the bank’s divisions, according to results that landed this morning.

  • 1 week ago | bloomberg.com | Ben Westcott |Swati Pandey |Chris Bourke |Ainslie Chandler

    In Labor and Liberal headquarters tonight, all eyes will be on the southeastern state of Victoria. It has been a Labor stronghold for decades — in 2022, they won 24 out of 39 seats — but with the center-left party on the nose in the state, Victoria is now Dutton’s best hope of winning power. Labor is expected to lose some seats in the state on Saturday. Aston, a former blue-ribbon district, is believed to be among the first to fall.

  • 1 month ago | bloomberg.com | Ainslie Chandler

    Good morning, it’s Ainslie here in Sydney, with all the news about Katy Perry going to space. But first... Today’s must-reads:• Australian stocks to climb• Adelaide picked for potential climate talks• Wall Street traders’ biggest ever quarterAustralian stocks look set to open higher this morning, after a positive Monday in US markets. Stocks and bonds in the US notched twin rallies after a wild week in the grip of President Trump’s trade war. The S&P 500 gained almost 1%.

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Ainslie Chandler
Ainslie Chandler @AinslieChandler
13 May 25

RT @business: The UN’s aviation council ruled on Monday that Russia was responsible for the 2014 downing of Malaysia Airlines flight MH17 t…

Ainslie Chandler
Ainslie Chandler @AinslieChandler
13 May 25

RT @business: Australia’s consumer confidence rebounded in May following Prime Minister Anthony Albanese’s landslide election victory and a…

Ainslie Chandler
Ainslie Chandler @AinslieChandler
12 May 25

RT @business: Major miner South32 has appointed Matthew Daley to succeed long-serving Chief Executive Officer Graham Kerr from next year ht…