Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.30% at lunch.
The Wesfarmers Ltd (ASX: WES) share price is currently down 2.5%, the retail conglomerate reported that Kmart & Target sales barely increased, but its balance sheet is in a good position going into 2019.
Shares of Australia and New Zealand Banking Group (ASX: ANZ) have risen the most among the big banks, it’s up 0.9% on news that the major banks are lobbying APRA to reconsider forcing them to raise money through Tier II bonds.
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Retail Food Group Limited (ASX: RFG) shares are up 11.9% after the under-pressure fast food franchisor confirmed it is considering selling Crust Gourmet Pizzas to reduce its debt.
The Capitol Health Ltd (ASX: CAJ) share price is down nearly 2% with the healthcare business acquiring a radiology network business in Melbourne for $8.1 million cash upfront. There are clinics located in Frankston, Dandenong, Boronia and Carlton.
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