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ASX opens brighter as blue chips rally; Telstra plans cost-cutting – The Sydney Morning Herald

The ASX200 opened 0.3 per cent higher, as Myer and Telstra revealed detailed business updates.

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Under-fire department store Myer will keep its dividend suspended despite posting a $51 million return to profit for the 2021 financial year as current lockdowns weigh on sales.
The retailer told investors on Thursday morning it would continue to hold on…

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