Tagged: AFR

Concerns rise over Qld power mergers

By Staff Reporter According to the newspaper, Labor’s plan to merge state-owned generators CS Energy and ­Stanwell Corporation into one (which would hold 63% of generation, and which Labor says would generate $150m in annual savings),...

DataRoom AM: Stokes energised

By Alexander Liddington-Cox Meanwhile, Macquarie has already been drawn into the race for ASIC‘s registry business, even though a decision from the Department of Finance isn’t expected until next month.  Also, audits could complicate...

Woodside in China gas fight: report

By Staff Reporter The North West Shelf Gas consortium, which includes Australia’s Woodside Petroleum and BHP Billiton, is facing allegations that it has delayed gas shipments in a bid to negotiate a higher price...

Westpac’s Hartzer may cull old job

By Staff Reporter Mr Hartzer, who assumes the top job from long-serving chief executive Gail Kelly on Monday, joined the bank in 2012 in the newly created role of head of Australian Financial Services,...

Garnaut warns on China coal cuts

By Staff Reporter Professor Garnaut said China’s thermal coal consumption declined by about 3 per cent last year as its energy transition gathered momentum. “China is continuing to make progress on its energy transition,”...

DataRoom AM: Port of Melbourne push

By Daniel Palmer Elsewhere, funding issues raise doubt about a Bradken takeover, Independence Group eyes a bigger slice of the giant Tropicana gold mine and Queensland may kick off its privatisation program with a...

Banks press for activist protection

By Staff Reporter Commonwealth Bank and ANZ Bank are hoping the government will repeal the so-called ‘100-member rule’ as had originally been planned in its attack on red tape, but shareholder groups led by...

ANZ boss warns against rate cuts

By Staff Reporter Mr Smith said the RBA would be best served by taking a wait-and-see approach given the currency’s fall below US80c has yet to filter through the economy and the cash rate...

Telstra readies T-Box replacement

By Supratim Adhikari Telstra is edging closer to revealing the successor to its T-Box set-top box device, with the telco reportedly working on a low-cost unit that will stream free content from BigPond Movies,...

Sydney firm in forex firing line: report

By Staff Reporter IC Markets has reportedly rectified clients’ accounts to factor in the execution of trades at “prices they shouldn’t have”, but some investors believe this doesn’t factor in erroneous margin calls. “These...