Sydney Airport Holdings Pty Ltd (ASX:SYD) is the company that operates the Kingsford Smith Airport, it currently has a 99-year lease on the airport but it will revert back to government ownership at the end of this century. According to Sydney Airport, as of 2019, it generates around $31 billion in economic activity for Australia each year. That’s equivalent to more than 6% of the NSW economy.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.70% at lunch.
Sydney Airport Holdings Pty Ltd (ASX:SYD) has released its monthly traffic performance for June 2019, is it a buy for income?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.36% on Thursday.
Retirees are faced with a difficult decision of what to do with their money after the Reserve Bank of Australia (RBA) decided to cut interest rates again to 1%.
With the Reserve Bank of Australia (RBA) cutting interest rates to an all-time low and the expectation of more cuts to come, I take a look at two ASX shares, Stockland Group (ASX:SGP) and Sydney Airport Ltd (ASX:SYD).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.23% at lunch.
The Sydney Airport Holdings Pty Ltd (ASX:SYD) share price is rising, here’s why.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.30% on Wednesday.
Sydney Airport Holdings Pty Ltd (ASX:SYD), Commonwealth Bank Of Australia (ASX:CBA) and Insurance Australia Group Limited (ASX:IAG) are three high-quality ASX shares that provide an alternative to falling interest rates.
