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Damien O'Carroll15:06, May 26 2021 Grays A 1985 Holden Commodore has become the most valuable Australian-built car to sell at auction. It is quite a special one though. A 1985 HDT Holden Commodore VK Group A SS once owned by racing legend Peter Brock has just become the most valuable Australian-built road-legal car, selling at auction for a remarkable AU$1,057,509 (NZ$1,133,814) with 7.5 per cent buyers premium of AU$79,313 on top, just beating the AU$1,050,000 record set by a rare HSV Maloo GTSR W1 that sold recently. The previous records for Australian-made road cars were AU$1.01 million f...

5/5 A body kit and 16-inch HDT Aero wheels with optional white finish were fitted, along with Scheel sports bucket seats inside, a Momo steering wheel and shifter, and a plaque displaying the build number on the glovebox. Designed as a homologation special, the late Peter Brock was assigned build #005 in line with his iconic racing number, which adorned nearly all of his vehicles throughout his esteemed career. Brock famously helped to develop the SS Group A, and drove this particular vehicle during the model's release. It is being sold by the family that purchased the car from him – and ...

IPO market freezes over, even though market on fire Save Share The Australian sharemarket is at a record high - but somehow the IPO window has just about spooked itself shut. The S&P/ASX 200 Index closed at a record high on Monday.  In an amazing confluence of events, fundies have all but downed tools on new listings, even though they’re struggling to put money to work in a market trading at 19-times forward profit. Fundies and bankers alike are blaming Nuix Ltd and Adore Beauty; the two companies that, only a few months ago, were the pin up for Australian initial public offerings ...

Bell Potter, Macquarie analysts start selling Best & Less Save Share Clothing retailer Best & Less Group will tell potential investors to expect $657.7 million revenue and $60.7 million EBITDA in the 2021 financial year. Brokers Bell Potter and Macquarie kicked off marketing for Best & Less’ run at the ASX-boards on Thursday morning, sending detailed pre-deal reports to fund managers. It’s about the kids: Best & Less Group is making its pitch to list on the ASX.   Louie Douvis Bell Potter analysts, headed by Sam Haddad, valued the group’s equity at up to $386 million and sai...