Today
Shell, PetroChina to expand massive Surat coal seam gas project
The investment, expected to cost billions of dollars, will supply export customers and the domestic market, where regulators have warned of looming shortages.
- Angela Macdonald-Smith
Yesterday
Orora taps UBS as private capital lurks after $2.2b Saverglass buy
Should Orora’s share price pain attract a bidder, it would end the former Amcor unit’s 11-year stay on the ASX boards.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
Cannon-Brookes, Turnbull-backed solar maker cuts staff, replaces CEO
SunDrive, which also counts Blackbird as an investor, is restructuring its business at the same time as it courts global partners to expand its operations.
- Ben Potter
How the big bet on electric car gigafactories went badly wrong
A glut of batteries is good news for anyone buying an electric vehicle, but it’s slowing development of the capacity needed in the future.
- James Titcomb
Woodside punished as investors query ‘marginal’ green projects
The oil and gas producer had almost $2.6 billion wiped off its market value as investors struggled to accept projected returns on a large US acquisition.
- Updated
- Angela Macdonald-Smith
July
Why industry policies are no longer a ‘hidden’ trade war
The Productivity Commission’s deputy chairman has added to warnings that the federal government’s signature Made in Australia policy could fuel protectionism.
- James Hall
- Opinion
- Carbon challenge
Why east coast energy woes won’t hurt green industry plans
Many projects in the new industries can be located where they are welcomed, and away from the current grid.
- Rod Sims
Labor’s green subsidies a risk to living standards: PC
The Productivity Commission has warned Labor’s Made in Australia plan risks evolving into protectionism, undermining decades of reform aimed at creating a vibrant economy.
- Michael Read
- Updated
- South32
Environmental rules threaten survival of South32’s Worsley refinery
More than $1b was wiped off the value of South32 as it cut production guidance and warned forest protection rules threatened the future of a WA alumina refinery.
- Updated
- Peter Ker
Energy CEOs urge industry not to quit hydrogen dream
Australian businesses need to be smarter and work harder to overcome the cost hurdles in hydrogen, which has a strong future in some industries, CEOs insist.
- Angela Macdonald-Smith
- Analysis
- Building Bad
Years of wilful incuriosity have enabled the CFMEU
The latest expressions of shock and platitudes about “zero tolerance” by senior figures in the labour movement come across as utterly disingenuous.
- Phillip Coorey
June
- Exclusive
- Anthony Albanese
Future Made in Australia Act needs guardrails against waste: BCA
Peter Dutton’s nuclear plans will scuttle the green energy objectives of the Future Made in Australia Act, the PM warns.
- Ronald Mizen and Phillip Coorey
- Updated
- Gas crisis
Labor delivers all-clear for $1b Rinehart-backed Senex gas project
The decision to grant environmental clearance for the Atlas development brings to an end an approvals process that has lasted almost two years.
- Updated
- Angela Macdonald-Smith
Skyrocketing gas prices intensify fears of shortage this winter
There are growing fears the long-forecast shortage in supplies in the south-eastern states will emerge this winter, hitting manufacturers hard.
- Updated
- Angela Macdonald-Smith and Gus McCubbing
Gas shortage warning exposes deep energy mess
Low wind power amid a cold snap is threatening to create a gas shortfall – exposing the effect of supply restrictions and jeopardising the Coalition’s nuclear ambitions.
- Updated
- Angela Macdonald-Smith and Gus McCubbing
- Opinion
- Chanticleer
15 ASX stocks that can win from a new capex ‘supercycle’
The twin peaks of population growth and Baby Boomer spending have insulated sharemarket investors against rate hikes. Now a new tailwind is emerging.
- James Thomson
Azure Capital poaches KPMG PE co-lead to set up shop in Melbourne
Nick Combes, a dealmaker with almost two decades of experience, has joined Azure Capital’s partnership ranks.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Local bridge builders secure deal of a lifetime with US steel giant
The Mullaney family overcame tragedy to build InQuik into a thriving business in seven years, with CMC signing a deal to control the company’s US operations.
- Simon Evans
This Tasmanian mill survived world wars and doonas. Can it go global?
It was founded in 1874 when Australia was the largest producer of wool on the planet. Today the team at Waverley Mills has big plans for a sustainable future.
- Glynis Traill-Nash
May
AI minister: Cut company tax to boost robotics, automation
A call by Ed Husic to cut taxes on corporate profits to encourage investment in advanced manufacturing has been applauded by business but exposed a split in the cabinet.
- Phillip Coorey