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ASX 200 higher as Federal Government brings forward lifeline for oil refineries – ABC News
The Australian share market is higher, led by the banks, as NAB gets the green light to offload MLC. The Federal Government pushes forward a subsidy for the country’s…
The Australian share market is on the rise, led by the major banks, after NAB’s sale of MLC was cleared by the competition watchdog.
Key points:
- Healthcare stocks fell for a third straight session to their lowest in two months
- Shares in NAB were higher after the competition regulator gave the green light to IOOF’s $1.4b purchase of NAB’s wealth division
- Crown Resorts shares rose despite Maurice Blackburn launching a second class-action lawsuit against the casino giant
By 12:30pm (AEDT), the ASX 200…
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