ACCC in fresh warning of winter gas shortfall
bestnews The competition watchdog has urged the federal government to work with Queensland’s three LNG exporters to ensure they free up more gas for the east coast market after it found…
March 2025
Rumourtrage aplenty at Bellevue Gold as price falls
Before it sank 40 per cent in a year (even as gold prices surged higher), ASX-listed gold producer Bellevue Gold made a lot of investors very wealthy. Ferrari driving stock…
Star’s Hong Kong saviour hid relationship with criminal junket king
One of Star Entertainment’s two major Hong Kong-based investors concealed its relationship with criminal junket operator Alvin Chau from the regulators, according to a long-secret Queensland government inquiry. Chow Tai…
Matt Comyn’s CBA steps ups competition for AI engineers by opening Seattle office
Commonwealth Bank will rotate up to 200 of its top technology engineers annually through the United States, as it seeks to bolster its artificial intelligence capability by embedding some of…
PwC spin-off Scyne loses one of its most senior executives
Scyne Advisory, the public sector consultancy spun out of PwC after the firm was revealed to have leaked confidential government information, has lost one of its most senior executives with…
Korea Electric Power fails to secure Hydrogen Headstart funding
Korea Electric Power Corporation has failed to win support from the federal government’s Hydrogen Headstart program for a large project proposed at Newcastle, marking another blow to Asia’s hopes of…
Mineral Resources faces Qantas-like negative hysteria, says L1’s Landau
A top Mineral Resources investor has rejected suggestions that the highly indebted miner will be forced into an equity raising, saying the 40 per cent collapse in the share price…
Brett Lee’s Sydney Beer Co, co-owned by the former Australian cricketer, owes creditors almost $10 million
Sydney Beer Co, a boutique brewer backed by former international cricketer Brett Lee, owes almost $10 million to creditors, including its chairman, the Australian Taxation Office and the McGrath Foundation.…
Pengana freezes fund redemptions as it braces for big Opthea loss
The failure of Opthea’s much-heralded eye treatment has already caused considerable pain for investors. The ASX-listed biotech counted Phil King’s Regal Partners as its biggest shareholder, with a 30 per…
EY proposes massive restructure, cutting divisions in bid to find growth
EY will make sweeping changes to its global structure to cut costs and address stagnant growth, slashing the number of regional divisions and ending the independence of its financial services…