News in Brief

News in Brief
Rising bond yields pull shares lower
News in Brief MARKET CLOSE

Rising bond yields pull shares lower

The sharp rise in bond yields has been weighing down share prices as investors start to anticipate inflation.  

Dan Brunskill 19 Feb 2021
PMG Funds sells half of business to 360 Capital for $17.5m
News in Brief

PMG Funds sells half of business to 360 Capital for $17.5m

PMG expects 360 Capital will bring more expertise to facilitate growth.

Staff reporters 19 Feb 2021
Augusta offers late-payment terms to Visy syndicate investors
News in Brief

Augusta offers late-payment terms to Visy syndicate investors

Augusta's Visy syndicate is due to close on Monday but it is offering investors deferred payment terms to boost interest.

BusinessDesk 19 Feb 2021
Covid tourists get visa extension
News in Brief

Covid tourists get visa extension

Covid tourists can stay a little longer, but Kris Faafoi says he won't keep dishing out visa extensions. 

Staff reporters 19 Feb 2021