Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is up by 1.22% at lunch.
Vocus Group Ltd (ASX: VOC) is one of the biggest risers this morning, it’s up by 4.42% so far after appointing Mr Bob Mansfield as Chairman with immediate effect.
Retail Food Group Limited (ASX: RFG) has fallen by a further 10% today after coming out of its trading halt yesterday due to a myriad of issues.
The Qantas Airways Limited (ASX: QAN) share price is flying higher this morning, it’s up nearly 5%.
WiseTech Global Ltd (ASX: WTC) fell to its lowest price this year yesterday to $10.13, but it has recovered by 4.34% so far today.
Magellan Financial Group Ltd (ASX: MFG) has risen by 1.42% today after CEO Hamish Douglass said at the AFR business Summit that Australia should consider a 15% company tax rate. He says companies that opt out of imputation should get a 15 per cent tax rate. Those that want to keep it get a 25 per cent rate.
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