NBN Co announces $700M package, Telstra and TPG criticise plan

" NBN Co announces $700M package, Telstra and TPG criticise plan

Government-operated NBN Co has announced a $700 million plan to bring free internet upgrades to over a million Australian businesses.
Qantas Airways (ASX:QAN) - Chief Financial Officer, Vanessa Hudson (left), and CEO, Alan Joyce - The Market Herald

" Qantas (ASX:QAN) may move its headquarters out of Sydney

Cost-cutting at Qantas (QAN) continues, with the Australian icon now announcing it may move its headquarters out of Sydney.
Perenti Global (ASX:PRN) - CEO, Mark Norwell - The Market Herald

" Perenti Global (ASX:PRN) subsidiary lands $200M nickel contract

Perenti Global (PRN) subsidiary, West Australian-based Barminco, has been awarded a mining contract valued at $200 million.
Virgin Australia (ASX:VAH)- CEO, Paul Scurrah (left) - The Market Herald

" Virgin Australia (ASX:VAH) to fly under Bain Capital in $3.5B sale

An overwhelming vote of support from creditors has approved Bain Capital as the new owner of Virgin Australia (VAH).
AMP (ASX:AMP) - Chairwoman, Debra Hazelton - The Market Herald

" AMP (ASX:AMP) to explore asset sale options

Wealth manager AMP (AMP) announced on Wednesday it will undergo a comprehensive review of its assets.
IOOF Holdings (ASX:IFL) - CEO, Renato Mota - The Market Herald

" IOOF (ASX:IFL) to buy competitor MLC for $1.4B

Wealth manager IOOF Holdings (IFL) has sealed the deal to buy a NAB (NAB) owned competitor for $1.4 billion.
Qantas Airways (ASX:QAN) - CEO, Alan Joyce - The Market Herald

" Qantas (ASX:QAN) to outsource ground handling, 2500 local jobs to disappear

The number of domestic jobs at Qantas Airways (QAN) continues to disappear as the airline announces 2500 jobs are to be outsourced.
Virgin Australia Holdings (ASX:VAH) - Chief Executive, Paul Scurrah - The Market Herald

" Bain Capital goes toe-to-toe with bondholders on Virgin Australia (ASX:VAH) sale

Virgin Australia’s (VAH) proposed buyer, Bain Capital, has pushed back at two major bondholders who are trying to sink the airline’s sale.
AMP (ASX:AMP) - Chief Executive, Francesco De Ferrari - The Market Herald

" ASIC criminal lawsuits against AMP (ASX:AMP) in the works

The Australian Securities and Investments Commission (ASIC) has revealed that at least five lawsuits against wealth manager AMP are currently in the works.
- Reserve Bank Governor, Philip Lowe - The Market Herald

" Reserve Bank of Australia will keep interest rates at record low 0.25pc

The Reserve Bank of Australia (RBA) says it will maintain the country’s official interest rate at the record low 0.25 per cent.