Coal industry blasts ‘intolerable lawfare’
Coal industry leaders have demanded to know why taxpayer money was used to help fund court cases that cost New Hope Corporation more than $100m to defend.
Companies
Bosses baulk at Dutton’s January 26 election vow
Some of Australia’s largest businesses will avoid celebrating Australia Day and allow staff to work the national day for another day off as flexibility around public holidays takes hold.
Aussie oil and gas ‘sheltered’ from Trump’s drill ambitions
Donald Trump wants to increase fossil fuel production which has the potential to trigger a global oversupply, however analysts say the big Aussie producers should be insulated for a while.
Sydney’s NYE hotel room rates skyrocket to record
Sydney’s hotel room rates reached an all-time high on New Year’s Eve as patrons on average paid a massive $855 per room and the occupancy rate was at 95 per cent.
Aussie workers love AI but their employers don’t
Almost two thirds of Australians are using AI at work and 96 per cent say they’re confident with the technology but employers are failing to see a return on their investment, survey results show.
Viva’s ‘incomplete’ LNG work puts question mark over Geelong plan
Ports Victoria says Viva Energy hasn’t adhered to requests it complete works that will ascertain risks to other vessels from a planned LNG import facility at Geelong.
Minerals 260 beats larger rivals to Chinese-owned mining project
Minerals 260 has sealed a deal to buy a gold project in Western Australia from Norton Gold Fields, a wholly owned subsidiary of China’s Zijin Mining.
More mergers on horizon as small banks contemplate survival
Small banks must get bigger to compete against the majors and the head of one challenger believes the mutual sector could be reduced to just 10 contenders in a decade.
Confidence back in Brisbane, says veteran developer
Property tycoon Kevin Seymour feels an ‘air of confidence’ has returned to Brisbane’s property market and he expects to start construction on a riverside apartment project within months.
Where the smart money is for institutional investors
Data centres, airports and commercial property are sectors which could prosper for institutional investors in a world of political uncertainty, a report by IFM says.
Star investors prep for break-up as mysterious Macau man lifts stake
A mystery Macau-based businessman is continuing to lift his stake in Star Entertainment Group, increasing speculation investors are preparing for a break-up of the casino operator.
Why Star’s secretive Macau backer is betting big
A secretive investor is friends with Star’s two Hong Kong-based partners, sources say, which could give gaming regulators a new headache if he keeps buying up shares.
Wine giant boss’s China dream takes shape
Tim Ford doesn’t just want to pack product off to China never to be seen again; he believes his Treasury Wine Estates and Penfolds brand can be a driving force in that country’s wine community.
Viva outage as LNG decision looms
The outage has seen the energy player take a hit before it learns the fate of a proposed project which could help with the looming gas shortfall.
Are Qantas Classic Rewards being made harder to find?
Qantas frequent flyers question whether the airline is withholding Classic Reward seats as none are available in business class on flights to London and Paris in 2025.
The changes needed to bring relief for small businesses
Small businesses are struggling and ACCI’s July small business survey demonstrated this beyond doubt whereby 45 per cent of respondents said they considered closing in the past 12 months.
For Myer, Lew merger now hinges on fairness test
Myer shareholders will now be asking what they are really buying in the $800m-plus merger with Solomon Lew’s retail brands.
Empty tables deepen Star’s cash crisis
The crowds are sparse at Star Entertainment’s flagship casino adding urgency to the cash-strapped group’s negotiations with lenders and governments as it fights for survival.
Cosmetics operator delays bourse listing
Cosmetic injectables clinic operator Stormeur has pushed back its ASX listing as it looks to raise more capital.
Firms on cusp of collapse beg for help as ATO chases $35bn
As the ATO chases down $35bn in debts, an increasing number of small businesses at risk of collapse are calling in liquidators to prepare restructuring plans.
Original URL: https://www.theaustralian.com.au/business/companies/page/14