Eagers Automotive: Portfolio optimisation

By Scott Murdoch

31 March 2022, 8:30 AM

Eagers Automotive (ASX:APE) has announced the acquisition of a portfolio of Canberra dealerships and associated properties (10) for A$205m. The portfolio was acquired from WFM Motors (Nick Politis controlled) and therefore requires shareholder approval.

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Downsizing Incentive for Seniors

By Terri Bradford

24 March 2022, 9:30 AM

As part of its "housing affordability" theme in the 2017 Federal Budget, the Federal Government is incentivising older Australians to downsize their family home by allowing them to invest the proceeds into superannuation.

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