
Hurry up and wait: Funding limbo for floods buyback plan
Major decisions are being put on hold in the wake of Queensland’s flood disaster because a multi-million dollar relief package is dependant on federal support.
Major decisions are being put on hold in the wake of Queensland’s flood disaster because a multi-million dollar relief package is dependant on federal support.
G8 Education has produced a big profit turnaround and announced an on-market buyback of 10 per cent of its shares.
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Telstra claims it has reached a turning point with a $1.9 billion net profit and a forecast of growth as it added to the shower of cash for Australian ASX investors with a $1.35 billion buyback.