Too late to avert a gas crisis in Victoria, says Woodside
Woodside Energy says it’s too late to avoid an economically damaging gas shortfall in Victoria thanks to a decade of political opposition to the fossil fuel industry.
Victoria Business
Whyalla steelworks would be better off under a new owner
Sanjeev Gupta’s parting gift to South Australia should be gracefully finding a new owner for the Whyalla steelworks.
Private hospitals need $450m-a-year ‘bailout’
Private hospitals need a $450m leg up from the federal government to avoid an industry collapse while a sustainable model for the sector is devised, a peak lobby group says.
Gupta empire stung for $US53m in UK court judgment
A $US100m debt package to help pay GFG Alliance’s creditors at Whyalla is yet to eventuate, while another company in Sanjeev Gupta’s empire has been hit by a $US53m court judgment.
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Founders first: Geoff Wilson bets on market leaders
The stock picker will put to test the notion that smarter investing is about backing the ones with skin in the game.
ASX, dollar to dip as shock Trump tariff move unsettles markets
The Australian share market is expected to fall from near-record highs following President Donald Trump’s shock move to immediately forge ahead with tariffs.
‘Awkward and weird’: Barefoot’s summer love affair with AI
An AI chatbot named Lucy has become Barefoot’s go-to for advice, insights, and road trip conversations. Is this the beginning of a beautiful relationship or will it end in tears?
Lendlease offloads infrastructure investor to Japanese buyer
Property giant Lendlease has revealed it’s selling its interest in Capella Capital, a name behind major infrastructure projects such as Melbourne Metro tunnel, to the Sojitz Corporation.
Four million Aussies to benefit as Bupa and Healthscope end war
More than four million Bupa customers can continue to use Healthscope hospitals with no gap fee after the companies ended a months-long stand off. But others aren’t so lucky.
US tariffs could be a tailwind for ResMed
ResMed’s competitors might be hamstrung by potential tariffs imposed by the US, boss Mick Farrell says, but adds the company, which delivered a strong quarterly, doesn’t need the help.
How big tech is recalibrating around the DeepSeek threat
Silicon Valley owes its longevity to its ability to pivot and China’s new AI start-up could set it moving in a new direction.
Faltering coal and record gas exports drive energy price rises
The challenges faced by the electricity grid have been thrown into sharp relief as record solar output fails to offset coal outages and a lack of interconnection, driving spot prices higher.
Return of Aussie wine to China fires up exports in sluggish market
Australian winemakers are sitting on a glut of mainly red but the reopening of the post-tariff Chinese market has helped ease the pressure by lifting exports 34 per cent in 2024.
Sigma shareholders wave through $34bn Chemist Warehouse deal
There’s no reason Chemist Warehouse’s strong growth won’t continue, the Sigma Healthcare chair says, as the $34bn merger of the two companies passes a crucial vote.
Original URL: https://www.dailytelegraph.com.au/business/victoria-business/page/2