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.
Sydney Airport Holdings Pty Ltd (ASX:SYD) announced to the market this morning that the Sydney Gateway is going ahead.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.30% at lunch.
Sydney Airport Holdings Pty Ltd (ASX:SYD) released its 2018 half year to the market today revealing a 7.9% increase in revenue.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Wednesday morning.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Friday morning.
Gentrack Group Ltd (ASX:GTK) announced this morning that it has won, or is close to winning, several new contracts including two at American Airports.
Futures contracts for the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) index are pointing to a positive open on Wednesday morning with Telstra Corporation Ltd (ASX:TLS) releasing its “2022” strategy update.
The US Federal Reserve increased the US interest rate by 0.25%, marking the second increase in 2018.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.15% at lunch.