Harry Brumpton

UBS Group AG is returning to wealth management in Australia after it exited almost a decade ago, tapping the Credit Suisse franchise it bought to make a renewed charge.

Good morning, it’s Harry here in Sydney with your Wednesday morning wrap...Today’s must-reads:• Australia to develop its own long-range strike arsenal• Covid response lost Australians billions and months under lockdown• Office downturn hints at value for AMP

Warburg Pincus has committed A$490 million ($327 million) to real estate credit investments in Australia through a fund run by MA Financial Group.

Good morning, it's Harry here in Sydney with Wednesday’s top news:Today’s must-reads:• AusSuper sees a different China• RBA alert to inflation expectations• Australia's pension ranking slips

Real estate is emerging as Australia’s most in-demand sector as investors seek out the biggest beneficiaries of what they expect to be the start of a central bank easing cycle, the head of Citigroup Inc.’s Australian unit said.

Happy Friday one and all, wishing you a productive end to the week. But first…Today’s must-reads:• China has agreed to lift restrictions on lobster imports• New Zealand government's books worsen• Whitehaven nabs an unexpected coal insurance windfall

Good morning, it's Harry here in Sydney. We're already halfway through a short week and the news is keeping pace.Today’s must-reads:• RBA signals rates are on hold for now• More tropical cyclones are on the way• Quantum tech startup nets investment

Australian funds manager Platinum Asset Management Ltd. has granted spurned bidder Regal Partners Ltd. a period of due diligence, opening the door to a potentially sweetened offer.

Good morning, it's Harry here in Sydney with Wednesday’s top news:Today’s must-reads:• Retail sales point to rate pause• Samsung, NAB to cut staff• Super fund pivots to property

National Australia Bank Ltd. has moved to shake up its markets division, with dozens of role changes that could result in at least three redundancies, a person familiar with the matter said.