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SBS Filipino Radio Program, Tuesday 24 June 2025

SBS Filipino Radio Program, Tuesday 24 June 2025

SBS Australia24-06-2025
How changes to policies to limit international student numbers, including higher visa fees and slower processing, have hit independent education providers.
How to enter names when filling out forms in Australia, and know the process for changinga surname in Australia.
In May, Peraan, hear the story of a Melbourne plantita who went from selling one plant on Facebook to now owning a store and an event space. SBS Filipino
24/06/2025 44:21 📢 Where to Catch SBS Filipino
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Double Bay waterfront sale falls over, then sells for $2m less
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News.com.au

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  • News.com.au

Double Bay waterfront sale falls over, then sells for $2m less

A historic sandstone waterfront mansion in Double Bay exchanged at $22m more than a year ago but the sale fell through ... now, a new deal has just been done. The five-bedroom estate on a 978sqm block at 21 Gladswood Gardens, which was the coach house of the Gladswood Estate, has been owned by the MacMahon family since it was bought for $782,000 in 1983. The sold sticker went up last May, and sources say the expat purchaser back then couldn't sell their Hong Kong property so couldn't proceed. Enter Cohen Handler buyer's agent, Tom Penfold, who's scooped it up for his eastern suburbs lady client at $2m less than the original agreed price. 'A waterfront in Double Bay for $20m — it's a beautiful old sandstone building,' Penfold said. 'My client fell in love with it straight away and we secured it very quickly. 'She love the rawness and the potential.' He says she will do a sympathetic reno — 'she's not going to go crazy' — and move in. The Double Bay case mirrors another in Vaucluse involving one of multi-millionaire William Wu's properties investment properties. The 32-year-old investor and his property developer mother Jing Wang amassed a $100m portfolio of houses from Bellevue Hill to Vaucluse in 2021, including a six-bedroom, seven-bathroom mansion with eight-car garage at 31 Vaucluse Rd, Vaucluse bought for $13.32m. The home, on an 879sqm block and with sweeping iconic views, went up for sale with a $23.8m guide in 2023 and later exchanged for about $24m. But local sources say that deal, too, fell through. That's just exchanged again via Bradfield BadgerFox Double Bay agents Alexander George and Peter Leipnik for about $21m to a local buyer.

Criterion: Don't horse around with the Magnificent Seven dividend stocks this reporting season
Criterion: Don't horse around with the Magnificent Seven dividend stocks this reporting season

News.com.au

timean hour ago

  • News.com.au

Criterion: Don't horse around with the Magnificent Seven dividend stocks this reporting season

• Dwindling yields from the dividend favourites mean investors should saddle up elsewhere • Led by the CBA, the 'Magnificent Seven' account for half of all dividends paid • Investors should avoid swapping growth thoroughbreds for high-yielding donkeys that won't last the distance On the cusp of the August profit reporting season, dividend yield chasers are mulling the top stocks likely to impress with their payouts. This year, they will need to look harder. Combined with elevated share valuations, subdued earnings are likely to diminish the appeal of the dividend faves. Historically, Australian investors have not looked too far in their quest for income. Of the ASX200 stocks, a mere seven account for half of all ASX dividends in 2024. For the record, they are the Big Four banks, BHP (ASX:BHP), Fortescue (ASX:FMG) and Woodside Energy Group (ASX:WDS). (This Magnificent Seven shouldn't be confused with the top US tech stocks which share the same nomenclature). The top dividend payer, the Commonwealth Bank (ASX:CBA) yields a sub-par 2.5% after its monstrous share run. The top 100 stocks account for 97% of the ASX200 index dividends. The average pre-tax yield has fallen to 3.2%. This compares to the historic run rate of 4.5% over the last ten years and 4-6% over the last five decades. "Airbag" protection The manager of Ausbil's active dividend income fund, Michael Price cautions that chasing dividends should not come at the cost of losing capital. With that in mind, the fund positions itself to capture the best dividends from events such as the upcoming reporting season, 'rather than passively buying and holding for a long time'. Atlas Funds Management's Hugh Dive counsels investors to pay close attention to capex requirements: companies needing to replace or upgrade assets won't be going on a dividend spree. Companies exposed to the US are likely to be preserving funds, given the 'what will Donald do next?' uncertainties. 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Sonic booms on pathology demand Atlas's Dive nominates Sonic Healthcare (ASX:SHL), the world's biggest pathology provider trading on an approximate 4.5% yield. Sonic benefits from an older population and one of the few companies genuinely likely to benefit from AI. Unlike other health companies, pathology providers don't have to spend a poultice on R&D. At the smaller end, Plato Investment Management's Peter Gardner likes Ventia Services (ASX:VNT), which manages infrastructure and public assets. In December the competition regulator took the company to task over defence contracts, but the company seems to have weathered the storm. Ventia yields round 5%. Digging up dividend delights Despite their earnings being subject to volatile commodity prices, the miners are cementing a new reputation for reliable dividends. Given the resilient iron price, the payouts from BHP, Rio Tinto (ASX:RIO) and Fortescue could pleasantly surprise. 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