News
David Teoh's $1. 5b Singapore telco expansion on ice due to regulator issues
3+ hour, 58+ min ago (68+ words) AFR TPG Telecom founder David Teoh's bid to build a mobile network juggernaut in Singapore by acquiring operator M1 for $1. 5 billion via ASX-listed Tuas has been dealt an embarrassing blow, after a regulator said the company's local mobile phone brand, Simba,…...
Australia's wrong turn: The economic funk and the way out
7+ hour, 1+ min ago (95+ words) AFR Any honest audit of Australia's current position should give serious pause to anyone who believes the country is on a sustainable path. Australia is an economy living on borrowed money, sustained by favourable external conditions that could just as…...
Master plan for 3000 more homes at Bondi Junction comes with a warning
24+ min ago (103+ words) AFR Mid-rise and high-rise apartments would deliver an extra 3000 homes around Bondi Junction station under a master plan to revitalise the transit and retail hub in Sydney's east. Waverley Council will vote on Tuesday to put the Bondi Beyond plan…...
The $795, 000 investment bought four minutes before rules changed
9+ hour, 22+ min ago (49+ words) AFR We speak to the team behind last week's most intriguing property sale. The property: A four-bedroom, two-bathroom house on 594 square metres at 19 Wallara Crescent, Bundoora, Victoria. Sold by private treaty for $795, 000....
Budget tax sting: SMEs face stamp duty hit
39+ min ago (74+ words) AFR Small businesses forced to restructure their financial affairs due to a tax increase on trusts in the federal budget could face state stamp duty bills costing hundreds of thousands of dollars. Small and medium enterprises in Queensland and Western…...
Savers short-changed on rate hikes as banks battle to protect margins
44+ min ago (76+ words) AFR Major banks are failing to pass on all the Reserve Bank of Australia's interest rate rises to deposit products, choosing to hold back some of the recent increases to protect their profit margins amid intensifying competition in the sector....
Woodside considers Browse gasfields pre-emptive rights as Inpex bid threatens North-West Shelf plans
46+ min ago (141+ words) Woodside mulls veto right to Inpex gas deal amid project design threat AFR Woodside Energy's multibillion-dollar plan to use gas from the remote Browse fields off Australia's far north-west coast to supply its North-West Shelf LNG plant could be under…...
Two-week strike threatens to shut down Inpex LNG operations
1+ hour, 4+ min ago (90+ words) AFR Unions will kickstart a wave of strikes and work bans at Inpex's Ichthys LNG facilities from next week in action that threatens to disrupt gas exports in the middle of an energy crisis. The Offshore Alliance, a partnership of…...
Fortescue Metals Group legal action challenges union push for first Pilbara iron ore agreement
1+ hour, 4+ min ago (106+ words) Forrest's Fortescue goes to court to fight union bargaining AFR Fortescue Metals Group is fighting a push for the first union agreement at its Pilbara iron ore operations by launching legal action that will test the limits of Labor's new…...