Latest news with #Stockland
The Age
15-05-2025
- Politics
- The Age
WA news LIVE: Police officers injured in chase through Perth's western suburbs; WA's milkshake man Go-Jo out of Eurovision
Latest posts Latest posts 9.31am Police officers injured in chase through Perth's western suburbs To crime news, and several WA Police officers have been injured after their car was rammed in a chase through Perth's western suburbs. A 29-year-old, with two kids in the back seat, allegedly slammed into parked cars as he tried to escape pursuit in Churchlands, as well as hitting the police vehicle. The police car has been written off and two officers have been left with whiplash and pain in the neck, back and shoulders. You can see the footage of the incident below. 9.31am What's happening across Australia Here's what's making news elsewhere today. Momentum is building in the Liberal Party to launch a special inquiry into its future, as Coalition leaders Sussan Ley and David Littleproud jostle over nuclear energy, risking a formal split. Ben Roberts-Smith will find out this morning if he has won his court bid to overturn a devastating defamation loss. Prime Minister Anthony Albanese has spoken about his views on religious faith as he prepares to travel to Rome for the inaugural mass of Pope Leo XIV and to hold meetings with world leaders. The vote count continues today, as Liberal Tim Wilson's lead over independent Zoe Daniel in the Melbourne seat of Goldstein narrows further. In Victoria, the state government is secretly mapping the infiltration of big infrastructure projects by firms with suspected underworld links and warning key contractors to cut ties with gangland figures. In NSW, the state's healthcare system risks being overwhelmed by an avalanche of ageing and chronically ill patients, a special commission report has found. The murder trial of alleged mushroom poisoner Erin Patterson continues today with evidence from expert toxicologists. A juror was discharged yesterday because they may have discussed the case outside court. 9.31am Today's weather Looks like we've got clear skies (and chilly mornings) ahead. 9.31am Welcome to our live blog Good morning readers, and welcome to our live blog for Friday, May 16. Making headlines this morning is the view from an outgoing Perth school principal, who has likened the job to that of a chief executive order – and delivered a warning on the back of revelations school teachers were shunning the leadership role. You can read all about it here. Meanwhile, Colin Dutton, the man at the helm of developer Stockland's WA arm, sits down with Jesinta Burton to talk about the career he almost had, what drew him to Perth – and why he's not a fan of the 's' word. And finally, for those looking for some lunch inspiration on a lazy Friday, food writer Max Veenhuyzen brings us the story of Riwayat, where three men walked into a former strip club and turned it into a buoyant Pakistani restaurant serving cooked-to-order karahi, roghni naan, and other lesser-seen dishes from home.
Sydney Morning Herald
15-05-2025
- Politics
- Sydney Morning Herald
WA news LIVE: Police officers injured in chase through Perth's western suburbs; WA's milkshake man Go-Jo out of Eurovision
Latest posts Latest posts 9.31am Police officers injured in chase through Perth's western suburbs To crime news, and several WA Police officers have been injured after their car was rammed in a chase through Perth's western suburbs. A 29-year-old, with two kids in the back seat, allegedly slammed into parked cars as he tried to escape pursuit in Churchlands, as well as hitting the police vehicle. The police car has been written off and two officers have been left with whiplash and pain in the neck, back and shoulders. You can see the footage of the incident below. 9.31am What's happening across Australia Here's what's making news elsewhere today. Momentum is building in the Liberal Party to launch a special inquiry into its future, as Coalition leaders Sussan Ley and David Littleproud jostle over nuclear energy, risking a formal split. Ben Roberts-Smith will find out this morning if he has won his court bid to overturn a devastating defamation loss. Prime Minister Anthony Albanese has spoken about his views on religious faith as he prepares to travel to Rome for the inaugural mass of Pope Leo XIV and to hold meetings with world leaders. The vote count continues today, as Liberal Tim Wilson's lead over independent Zoe Daniel in the Melbourne seat of Goldstein narrows further. In Victoria, the state government is secretly mapping the infiltration of big infrastructure projects by firms with suspected underworld links and warning key contractors to cut ties with gangland figures. In NSW, the state's healthcare system risks being overwhelmed by an avalanche of ageing and chronically ill patients, a special commission report has found. The murder trial of alleged mushroom poisoner Erin Patterson continues today with evidence from expert toxicologists. A juror was discharged yesterday because they may have discussed the case outside court. 9.31am Today's weather Looks like we've got clear skies (and chilly mornings) ahead. 9.31am Welcome to our live blog Good morning readers, and welcome to our live blog for Friday, May 16. Making headlines this morning is the view from an outgoing Perth school principal, who has likened the job to that of a chief executive order – and delivered a warning on the back of revelations school teachers were shunning the leadership role. You can read all about it here. Meanwhile, Colin Dutton, the man at the helm of developer Stockland's WA arm, sits down with Jesinta Burton to talk about the career he almost had, what drew him to Perth – and why he's not a fan of the 's' word. And finally, for those looking for some lunch inspiration on a lazy Friday, food writer Max Veenhuyzen brings us the story of Riwayat, where three men walked into a former strip club and turned it into a buoyant Pakistani restaurant serving cooked-to-order karahi, roghni naan, and other lesser-seen dishes from home.
Business Insider
05-05-2025
- Business
- Business Insider
Jarden Sticks to Its Buy Rating for Stockland (STKAF)
Jarden analyst Lou Pirenc maintained a Buy rating on Stockland (STKAF – Research Report) on May 1 and set a price target of A$5.95. The company's shares closed last Monday at $3.28. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Pirenc is a 4-star analyst with an average return of 3.6% and a 56.28% success rate. Pirenc covers the Real Estate sector, focusing on stocks such as Mirvac Group, Stockland, and Vicinity Centres. The word on The Street in general, suggests a Hold analyst consensus rating for Stockland with a $3.69 average price target, implying a 12.67% upside from current levels. In a report released on May 1, Citi also maintained a Buy rating on the stock with a A$6.00 price target. STKAF market cap is currently $8.57B and has a P/E ratio of 28.53. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of STKAF in relation to earlier this year.
News.com.au
04-05-2025
- Business
- News.com.au
Hot Money Monday: Albo has clinched it, here's where the smart money could be heading
Labor has won, which sectors will benefit? Property is in focus, so is climate and even gas Rare earths and green metals now in the national spotlight The sausage sizzles are cooling, the campaign signs are packed up, and Albo's back in The Lodge. Now comes the real question: What does it all mean for Australian investors? One thing's clear, we're not in for the U-turns you might get with a fresh face in charge. But with a new mandate, larger majority and some big-ticket promises, Labor's win could give investors a few clues on where the wind might blow next. What could benefit under Albanese's new term? Housing was a headline act on Labor's ticket, they pushed hard for more roofs over more heads. That could be good news for builders, developers and the companies flogging tiles and timber. This could include stocks like Stockland (ASX:SGP), Mirvac (ASX:MGR), and even back-end suppliers like Bunnings, which is owned by Wesfarmers (ASX:WES). And if rates start sliding in May and later this year, the housing pulse might just beat even stronger. That's good news for the banks too. More certainty and support for homebuyers means more confidence, more borrowing, and a smoother run for the big four. Elsewhere, climate and renewables will likely still be front and centre under Albo. Solar, wind, grid upgrades, green hydrogen, they'll stay on the agenda now that he'll be at the helm for another three years. But don't expect a smooth runway, experts said. If Labor has to cut deals in the Senate, those targets could be watered down. That means green stocks could still ride the wave, but there could be some chop. And despite the climate focus, Labor's still backing gas as a transition fuel, same as the Coalition. "...The support for gas output by both of the major parties will probably offer some support to providers like Woodside Energy Group (ASX:WDS) and Santos (ASX:STO)," said Bloomberg's Richard Henderson. Critical minerals With the US trying to cut its reliance on China (which controls the lion's share of global supply), it's leaning on friends like Australia to fill the gap. Labor has proposed a five-point plan to tackle Trump's tariffs, which Albo called "unjustified". Part of that plan includes establishing a national critical minerals reserve, a pretty clear signal that these resources are now seen as strategic, not just economic. So companies digging up this stuff, especially those with US links, could indeed find themselves in the spotlight. The government's Future Made in Australia Fund is also backing critical mineral players in a big way, $1.5 billion all up, with nearly half going to green metals. Another $2 billion has been set aside through the Green Aluminium Production Credit, and $1 billion is aimed at kickstarting a homegrown green iron industry. What about the ASX itself? Here's the thing. Historical data shows it barely matters who wins. Since 1980, stock market performance under Labor and the Coalition has been neck and neck. Labor's governments have returned an average of 45.2% per term, Coalition 32%. But median returns are nearly identical. Coalition governments presided over fewer GDP contractions, while Labor can claim stronger average GDP growth. Corrections and bear markets are pretty evenly split, mostly caused by global shocks anyway. Bottom line: watch the sectors, not the politicians.
AU Financial Review
30-04-2025
- Business
- AU Financial Review
Property developer buys Tania Buckley's Toorak mansion for $13.1m
Melbourne businessman Eli Goldfinger and his wife Kerry have purchased Tania Buckley's Toorak mansion for $13.1 million, property records reveal. Goldfinger is a director of property development firm Mount Atkinson Holdings, which is working with ASX-listed company Stockland to build a $2 billion industrial precinct in Melbourne's west. He is also a director at EGA Corporate Advisors.
