ACCC raises concerns over Vic gas sale
THE consumer watchdog has raised competition concerns in the Victorian gas market if a proposed storage plant sale goes ahead.
ENERGY infrastructure owner APA Group is confident it can ease concerns raised by the competition watchdog over its bid for EnergyAustralia's Iona gas storage plant in Victoria.
THE Australian Competition and Consumer Commission says the proposed deal could reduce competition in the Victorian gas market and allow APA to raise its east coast supply chain charges.
Why 1 in 3 businesses have gone broke
The number of Aussie businesses that have collapsed due to this ballooning debt has soared, and unlike during Covid, there is no relief in sight.
ASX falls during Friday’s trading
A share sell-off in the banking and consumer staples sectors saw the Australian market trade heavily in the red on Friday.
What Aussies bought on Black Friday
Strong car sales, cinematic hits and Black Friday bargains contributed to Aussies spending up big in November.