The house always wins, but sometimes not enough
The iron-clad rule of gambling is that the house always wins. But for Star Entertainment Group, sometimes it doesn't win enough.
The iron-clad rule of gambling is that the house always wins. But for Star Entertainment Group, sometimes it doesn't win enough.
Rising wind power and gas exports from Queensland will work to keep both electricity and gas prices high, Moody's Investors Service has warned, with the big energy utilities Origin Energy and AGL likely to benefit with power prices to remain volatile.
It is a problem many chief executives would love to have, but for Gilman Wong, the problem is getting worse.
As it holds its position in fuel sales, Caltex is looking to its convenience stores for growth ahead of any impact from electric vehicles, which it expects is more than a decade away.
Bluescope Steel has warned it needs to continue to squeeze costs to justify committing to necessary upgrades at its Port Kembla steelworks.
Biotech is to get some love from a new fund which could result in millions of dollars being invested in the sector.
AGL may have withheld power supplies, exacerbating the threat of electricity disruptions in South Australia, which forced the state government to intervene to avoid electricity shortages.
Less than three years after developing the giant Cadia mine at a cost of $2 billion, its owner Newcrest is finalising plans which could boost output by more than a quarter.
In a rare public display of support for Australian technology, Microsoft founder Bill Gates is putting money into a Sydney biotech start-up.
Energy group AGL has warned of a "soft" start to trading in the fiscal 2017 year following a warm July that hit demand for gas and electricity.
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