Austal disclosed today that the corporate regulator is investigating announcements in late 2015 and mid 2016 that triggered a sharp fall in the ship builder’s share price.
Caroline and John Wood no doubt have volumes of ‘war stories’ yet to be written about their decades at the centres of influence in academia and government.
Former advertising executive Al Taylor has been appointed chief executive of hospitality and brewing business Triple-1-Three, which was set up by former Sunset Events directors David Chitty and James Legge.
Primero Group has been selected as the preferred engineering, procurement and construction contractor for Adelaide-based Core Lithium’s $53 million Finniss project near Darwin.
Sumitomo Corporation has grown its presence in Western Australia’s retail power market with the acquisition of Infinite Energy, its first investment in a distributed grid business and a move beyond its local coal and gas-focused portfolio.
The State Training Board has today released a report on issues and barriers for Western Australian apprentices and employers, urging the state government not to hold back changes because of bureaucratic processes.
Coles will make a $146 million pre-tax provision in its first-half results as part of a distribution network overhaul that will cut both costs and jobs.
AVZ Minerals is seeking to raise up to $10 million via a share purchase plan, primarily to advance its Manono lithium and tin project in the Democratic Republic of Congo.
The Australian share market has inched higher thanks to a buoyant energy sector, although financial and mining stocks are keeping overall gains in check.
The Morrison government is considering pre-election cash handouts to pensioners and families in an effort to make sure the entire electorate will have a reason to vote for the Coalition, not just those who will benefit from already legislated tax cuts.
Gold prices have steadied, clawing back from losses made earlier in the session, as a recovery in stock markets fizzled out on concerns over geopolitical and economic uncertainty, triggering investors to seek safety in the metal.
Oil prices have fallen, following most US stock markets lower, on concerns about global economic weakness, forecasts for record US shale production and declining US gasoline prices.
US stocks have risen as strong earnings from IBM, United Technologies and Procter & Gamble led a rebound for Wall Street from its second biggest decline in 2019.
The descendants of iron ore pioneer Peter Wright have received total dividends of $702 million over the past three years, according to recently lodged financial statements that also reveal the big legal expenses they have paid.
Northern Star Resources’ full-year production guidance remains unchanged at a healthy 850,000-900,000 ounces, but its shares slumped today after it flagged a lift in all-in sustaining cost guidance.
The Australian Securities and Investments Commission has appointed Morgan Stanley Wealth Management to sell approximately 12 million ordinary shares in Tribune Resources.
Swift Networks has posted a strong performance update for the second half of last year, with its founders set to receive around $5 million in additional shares.
About 5,000 exploration, tenure and mining approvals were sitting in the Department of Mines, Industry Regulation And Safety’s pipeline at the end of the September quarter last year, according to the department’s latest approvals performance data.
Shares in Fenix Resources were up by as much as 150 per cent today before falling at the close of trade, after the company announced it had intersected substantial high-grade iron ore via a drilling program at its flasgship Iron Ridge project, located in the Murchison region.
A tech business that supports power provision in rural areas and a company developing a laser robot to remove damaged tissue and bones have won a combined $1.7 million of federal Accelerating Commercialisation grants.
Lithium miner Galaxy Resources has flagged a strong increase in its estimate of reserves and resource at its Mt Cattlin Project, located two kilometres north of Ravensthorpe, following its latest drilling activities.
Shadow treasurer Chris Bowen has said he is concerned about risks to Australia from the slowing world economy, so Labor must implement all its $200 billion-plus in pledged tax rises to arm the federal government with a bigger fiscal ‘‘buffer’’ to counteract any global downturn.
Oil prices dropped about two per cent overnight due to concerns the world's stumbling economy could pinch fuel demand as US shale fields surge and cuts by Russia come in below expectations.
Gold held firm overnight, propped by interest from investors seeking refuge from concerns over slowing global growth, while gains for the metal were limited as the dollar held near a multi-week peak.
