This has put a significant dent in Toll's expansion and growth plans. This has put an end to the bidding process for the time being.

For Patrick, it's great for shareholders because it should see them garner a higher price.

In the mining sector, we do see consolidation going ahead. Some of the zinc producers, given the supply and dynamics may look attractive.

The cost of the expansion is higher than we expected, but diamond prices and demand have been buoyant, which means the project will meet returns targets.

Their earnings are more defensive than much of the discretionary retail sector and they manage it better. It's helping them in this period and will keep helping them in the future.

Around A$800 million would be a good price to achieve for Myer, given its recent disappointing sales data and the expectation that margins have also been squeezed.

The volatility of international equity, interest rate and currency markets has the potential to significantly alter the value of the funds' assets.

It's an excellent outcome for Toll even though they had to make a significant number of concessions.

It's certainly a real positive for Toll in terms of achieving its strategic plans in transport.

It looks like a good deal and it highlights the international plans and opportunities that Macquarie Media has.