New Hope surges on buyback and teases more to come
Coal miner New Hope Corporation says it will buy back up to $100m of its own shares as they are trading below their true value, and has flagged the potential for more capital management.
Victoria Business
Gupta ‘stonewalling’ Whyalla steel probe
Administrators will turn their investigation to the ‘complex web’ of deals between the magnate and the collapsed steelmaker.
Don’t worry, the ASX’s ‘Trump slump’ won’t last
Barefoot has two tips for getting through the sharemarket downturn: don’t check your share prices and whatever you do, don’t listen to forecasters.
Agribusiness dishes out hard lessons from tariff pain
Throughout the history of food trade, tariffs have followed. That’s why its worth listening to the cooler heads at the farm gate.
More Stories
The final piece falls into place for Virgin listing
Conditions are booming in aviation, but Virgin Australia is gambling it can still land its multi-billion dollar IPO later this year.
How official economic statistics are lying to us
Wednesday’s improving GDP numbers will be spruiked by Labor in the looming election campaign, but they mask a darker truth.
Billionaire Adrian Portelli a no show in court to fight hooning charges
Adrian Portelli has used a doctor’s letter to avoid giving evidence in person as he fights careless driving charges and denies doing donuts around a Melbourne street in a Mercedes C63.
‘I have that smile on my face all the time’: Portelli versus police
Smiling at police after being allegedly caught ‘red handed’ hooning in Melbourne could have been nerves or just his trademark face, billionaire Adrian Portelli has told a court.
Domestic production never been more critical: DroneShield
Australia’s only maker of counter-drone equipment says domestic manufacturing has never been more important with global conflict entirely possible without much warning.
Wilson builds his own ‘hybrid-like’ fund with $510m IPO
The veteran stockbroker has an income solution for the looming end of Australia’s multi-billion hybrid securities market.
SA luxury island resort gets $20m expansion approval
The second stage of the luxury Rumi on Louth island has been approved, with construction of 26 villas and a Japanese-inspired day spa to start later this year. See the images.
ASIC probes links between First Guardian and Shield Master funds
The same group of advisers who spruiked now collapsed Shield Master Fund to superannuation investors, were also recommending now suspended First Guardian Master Fund.
GFG Alliance rejects notion it let Whyalla plant decline
The state of the Whyalla steelworks is “a lot worse” than administrators KordaMentha expected it would be, with disputed claims maintenance and repairs have been neglected.
Sanjeev Gupta’s deal-making days are over
The sorry state of the Whyalla steelworks represents beginning of the end for the British magnate. The bigger InfraBuild is next n line to fall.
Original URL: https://www.themercury.com.au/business/victoria-business/page/4