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Corporates: Macquarie, IPL
Macquarie Group Ltd says it has begun legal action against tollroad company BrisConnections, the company it helped create and float, to ensure its contractual obligations are fulfilled.
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RBA Says Housing To Resist Implosion
The Australian housing market is in better condition than many people think according to the Reserve Bank’s head of economic analysis, Anthony Richards in a speech in Sydney yesterday and the bank’s latest financial stability report, also released yesterday.
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