Macarthurcook Limited

The Australian shares yesterday started the new financial year with a significant fall led by financial and resources stocks. The benchmark S&P/ASX200 index lost 80.9 points, or 2.05 per cent, to 3874 points, while the broader All Ordinaries index was 75.5 points, or 1.91 per cent lower, at 3872.3 points.

Yesterday the Australian market concluded the last day of the financial year higher, led by energy and retail sectors. The benchmark S&P/ASX200 index gained 68 points, or 1.75 per cent, to 3954.9 points, while the broader All Ordinaries index was up 65.1 points, or 1.68 per cent, to 3947.8 points. The ASX200 has posted four consecutive months of gains.

Life Therapeutics (ASX: LFE)(PNK: LFEFY) announced today that it has completed the sale of the Frenchs Forest building for A$9.25m to a fund controlled by MacarthurCook Ltd (ASX: MCK).

Life Therapeutics (ASX: LFE) announced today that it has exchanged contracts with MacarthurCook Ltd (ASX: MCK) for the sale of its Frenchs Forest building.