Origin Energy has bought the 30 per cent interest it doesn’t already own of Eden Energy’s Cooper Basin Geothermal Licence No. 185 for $700,000 cash. Eden will look for a partner or cornerstone investor for its other geothermal licences, after selling the stake and securing a 12 month suspension of financial commitments on them.Jackie Range

The Victorian government has approved 10 sites for Woolworths home improvement stores. Construction at the Coolaroo site begins next month and it is likely to be the first store to open. Carrie LaFrenz