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NAB and BHP updates cement the economic cheer
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Australiaâs biggest companies are adding weight to growing optimism over the economic recovery, with National Australia Bank and BHP Group results underscoring that the rebound is gathering pace.
It s not just company profits that are looking robust: London-traded tin prices spiked 17 per cent on Monday in the biggest single-session surge for the metal on record.
BHPâs growth forecast is 1.5 percentage points better than six months ago due to the speed of recovery in the US and India.Â
BHP
âImproving economic trends have been a key driver of our first quarter 2021 result,â said NAB chief executive Ross McEwan. âImproving economic and health outcomes in Australia and New Zealand are encouraging.â
The Property Council of Australia is delighted to announce that Auxilium Property Director Andrew Hay, has been elected as the new Queensland President.