ANZ in strife over claims customers dudded interest
ANZ is yet again in hot water with the Australian Securities and Investments Commission which is examining allegations it incorrectly calculated interest on thousands of savings accounts.
Companies
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.
Star’s luxury high-rise unit contracts cancelled
Hundreds of sale contracts for units in a luxury tower of Star’s new Brisbane casino precinct have been cancelled by its Hong Kong partners because of cost blowouts.
Santos defers $3bn WA oil project as it focuses on dividends
A deferred decision whether to proceed with the Dorado oil development in WA is likely to please shareholders who have pushed for Santos to trim capital expenditure.
Joint venture on cusp of huge gas well expansion for Surat project
A Shell and PetroChina joint venture is about to start drilling hundreds of new wells at its Surat Gas Project in Queensland, adding a total of 450 to the 275 it has online.
Copper earnings to underpin BHP’s hit from shrinking iron ore price
BHP’s copper-focused growth strategy is expected to offset the big hit to earnings it will take from soft iron ore prices, when the company releases its half-year results.
Terramin to appeal Bird in Hand gold mine knock back
Mining company Terramin Australia says it will appeal a court decision which reinforced the Mining Minister’s decision to block its proposed gold mine at Bird in Hand.
Union demands intervention over bank branch closures
The Finance Sector Union, which is preparing a new round of wage negotiations, says the government should intervene to stop banks closing their branches, particularly in regional areas.
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.
Major update for Catch mobile users
Here’s what the impending closure of online retailer Catch means for customers using the Catch Connect mobile network.
CEOs hunker down as Trump 2.0 presidency takes centre stage
Donald Trump has been talking up what he will do in his second presidency and Australian chief executives say they’re ready.
Cash burn: Star flags ‘going concern’ doubts
Star Entertainment has warned it may not have the funds to survive much longer, as it emerged it has received millions of dollars in tax deferrals from the Queensland government.
NSW can’t hide from the mess of Star
Even if Star gets through its current issues, NSW is playing with fire over the casino’s longer-term future.
Star cash crunch revealed as states refuse pleas for financial support
Star Entertainment has revealed plunging revenue amid doubts over its ability to stay afloat, after NSW Premier Chris Minns doubled down on his vow to not provide any more help.
Last-ditch bid for gold mine at Adelaide Hills winery fails
A proposed gold mine at Bird in Hand – next to a number of feted Adelaide Hills wineries – appears doomed after a last-ditch legal challenge failed.
Radio maker dials up workforce to meet rising demand for Aussie made
From its base in western Sydney, Australia’s largest manufacturer of handheld radios says the Future Made in Australia initiative is crucial for sovereign capability.
Cash-strapped Star edges closer to insolvency
For a business which makes its money through gambling, there have been no winners from Star Entertainment’s fall from grace and now it faces the real possibility of going bust.
Lendlease tax whistleblower triggers legal alarm
Former Greenwoods and Freehills tax adviser Tony Watson has raised the hackles of Lendlease and PwC over court claims lodged in his marathon whistleblower fight.
Major crackdown on dodgy landlords
Landlords looking to dodge their tax obligations have been put on notice by the ATO, thanks to new data matching technology.
Now or never: Steve McCann has one last chance to save Star
The new boss of Star is surviving on just a few hours of sleep a night trying to save the casino and thousands of jobs. Even if he gets through this, does it have a long-term future?
Original URL: https://www.theaustralian.com.au/business/companies/page/12