The negative effects of ALP policies on housing, SMSFs and profit margins are already impacting certain sectors of the market, such as banks, residential property developers, homebuilders and retailers. Show More
Construction and maintenance firm, CIMIC Group Limited (CIM), formerly Leighton Holdings Limited posted a larger than expected profit after tax for 2016 up 11.5%. The result was helped by a steady stream of new acquisitions over the year and new contract wins adding to its solid pipeline of work For... Show More
The Australian quotes us this morning as being “angry” at CIMIC about its bid for mining contractor Macmahon (Forager's managed funds own 8.63% of Macmahon) . Quite the contrary, the bid is excellent news. Show More