The data is reflecting the improvement in consumer and business confidence, as shown by recent private sector surveys.Today in economic news, the Housing Industry Association publishes its affordability report for the September quarter.M&A NewsBrookfield Multiplex has made an undertaking to the Takeovers Panel to hold fire on a A$50million entitlement issue for its Multiplex Prime Property Fund
The Australian Bureau of Statistic releases labour force data for September on Thursday.M&A NewsIt is reported that US private equity firm Oaktree Capital Management and local developer Grocon have made a friendly bid for the debt-laden Multiplex Prime Property Fund
(ASX:MAFCA), with a A$109 million cash and hybrid security offer.
The Takeovers Panel has order Nicholas Bolton's Australian Style Investments to withdraw its takeover bid for the Multiplex Prime Property Fund
(ASX:MAFCA), saying that the A$700,000 bid was launched in unacceptable circumstances.