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The push to allow IPOs to buy back shares to prop up prices

The push to allow IPOs to buy back shares to prop up prices

ASIC is keen to help Australia's listed markets along, which is good for the country.
Its first two changes – surprisingly made at only the halfway point of a broader review into public and private markets – were ideas straight from the top end of town, the investment banks and law firms present whenever an Australian company taps public markets.
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Australian News LIVE: Inside the mushroom murderer court case, new Trump tariffs; rate cut decision looms
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"Overall, the outlook for Australian agriculture is cautiously optimistic amidst the potential for improved seasonal conditions combined with rising consumer demand and lower interest rates," the report said. "While the heightened uncertainty within the global trade environment remains a headwind for producers, processors and exporters alike, favourable trade terms and strong demand is expected to provide ongoing support." With droughts on one side of the country, floods on the other, and political volatility overseas, Australia's agriculture industry has been right in the thick of it. But there is reason for "cautious optimism" in the $90.7 billion sector as uncertain conditions create both threats and opportunities for the nation's producers, according to Bendigo Bank's mid-year agriculture outlook. Cropping, horticulture and cattle were forecast to be on the up in the second half of 2025, while prices for sheep and wool would remain stable, the report released on Tuesday showed. 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With droughts on one side of the country, floods on the other, and political volatility overseas, Australia's agriculture industry has been right in the thick of it. But there is reason for "cautious optimism" in the $90.7 billion sector as uncertain conditions create both threats and opportunities for the nation's producers, according to Bendigo Bank's mid-year agriculture outlook. Cropping, horticulture and cattle were forecast to be on the up in the second half of 2025, while prices for sheep and wool would remain stable, the report released on Tuesday showed. Aussie beef will continue to be on the menu in the US, where herd numbers are in decline due to drought and increased costs of agricultural inputs "Demand for beef is set to remain firm as the US reduction in supply continues to favour Australian producers," Bendigo Bank executive Neil Burgess said. 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