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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Flooding rains halt Rio Tinto iron ore operation
A loader at Rio Tinto’s Pilbara iron ore operations is out of action following flooding rains brought by Tropical Cyclone Sean.
Myer can be a $5bn retail power: Inside Lew’s merger vision
The $800m merger represents an all or nothing bet on the longer term future of Myer. And the retail billionaire Solomon Lew has big ambitions.
Tim Cooper to hand over the reins at Coopers Brewery
Tim Cooper will step back from the top job at Coopers Brewery after more than two decades, as beer sales at the nation’s last major Australian-owned brewer continue to grow.
Trump launches AI into a new space race
The new Trump administration’s massive spending plan will certainly flow through to a handful of Australian companies already enabling artificial intelligence.
NAB has rails run in HSBC’s great Aussie bank sale
With everyone else too big or distracted, HSBC is NAB’s for the taking if the global giant decides to walk away from the local retail banking market.
Woodside at front line of Trump’s energy emergency
After a billion dollar bet, the Australian producer will deliver the first financial test of the new president’s pledge to ‘drill baby, drill’.
Thousands shut up shop as company collapses hit record
About 7480 businesses collapsed in the last six months – more than ever – as rising costs coupled with badly bruised households fuel a surge in hospitality failures.
Trump offers the best chance for business to reset
There’s plenty of volatility to come, but by playing under Donald Trump’s new world order, business is poised to thrive.
Sydney lending firm enters voluntary administration
Sydney-based BNPL company Procuret has gone into voluntary administration, with a sale or recapitalisation now being considered.
Trump and Melania crypto coins tank on inauguration day
The newly launched $Trump and $Melania “meme coins”, backed by the US President and his wife, tanked spectacularly on the day of his inauguration.
Original URL: https://www.ntnews.com.au/business/victoria-business/page/5