Origin Energy spins off oil, gas business
Origin Energy will sell its oil and gas business to focus on its energy markets and LNG business, a move that will cheer many investors.
Origin Energy will sell its oil and gas business to focus on its energy markets and LNG business, a move that will cheer many investors.
Investors responded positively to Origin Energy's decision to spin off its portfolio of conventional oil and gas assets pushing the company's share price up around 3.5 per cent in early Tuesday trading.
Shares rebound as investors take a relaxed view of Italy's no vote, ahead of the RBA's rates decision, while Origin shares jump.
A spike in demand for retail space in Flinders Lane has driven up rents and pushed retailers into upstairs premises where they are competing with IT and professional consulting firms for space.
Choice alleges one consumer was charged $861.72 when he decided to cancel two Qantas tickets to New York, following three separate changes to his flight time that were instigated by the airline.
Last week in front of 1400 people at a Fairfax Media subscriber event I was outed as a "pathological optimist" by an anonymous reader, who wanted to know how I got that way.
Passing on a family business to heirs, whether they are involved or not, can be a very knotty dilemma, rife with disagreements, lawsuit, jealousy, estrangements, you name it.
Acusations of 'hypocrisy' and 'unfairness as more federal high-earners get pay rises of up to $26,000.
Uber envisions a future in which a fleet of vehicles can make the most complex manoeuvres while carting passengers around without the help of a driver. To achieve that, cars will need to get a whole lot smarter.
It's sometimes hard to keep faith that good policy development is happening within government.
BHP Billiton has won the contest to partner with Pemex to develop a deep water oil field in untapped Gulf of Mexico waters.
Amazon has revealed that it will open a brick-and-mortar grocery store called Amazon Go, an ambitious bid by the once online-only retailer to gobble up more of Americans' shopping dollars by taking the fight more directly to traditional supermarkets.
You know that apartment oversupply that has been promised everywhere except for Sydney? It's happened. Michael Pascoe comments.
The local share market is set to open higher after gains overnight in the US and Europe.
The euro rose as investors bet the European Central Bank will extend its asset-purchase program by six months.
An Australian IT student's research into what his fellow engineers are being offered by Silicon Valley is illuminating.
New York Fed boss William Dudley says it's too early to reach firm conclusions on how fiscal policy will evolve.
Crude rose above $US55 a barrel to hit a 16-month high amid rising prospects of a tightening market.
Citigroup is bullish on oil, copper, zinc, and wheat; it's bearish on coal, iron ore, gold and soybeans.
Victoria has become Australia's most divided state as the economic fortunes of Melbourne soar while those in the rest of the state crumble faster than anywhere else in the nation.
Prestige carmaker BMW will pay back $72 million to ordinary Australian buyers who were misled into believing they could afford one of the luxury German cars.
Westpac and National Australia Bank have both raised interest rates for key groups of home loan customers, as banks look to protect their profit margins by passing on higher funding costs.
For once, the pollsters were right - and it's bad news for financial markets.
Another Samsung washing machine has caught on fire in Sydney, triggering the residents - including three children - to flee.
The number of incoming female chief executives in Australia remains low and has stagnated over the past year, according to a report examining tenure and makeup of CEOs by PwC.
All public schools around the state will provide minimal supervision for students when teachers take industrial action on Thursday morning over pay and conditions.
Hong Kong's Cheung Kong Infrastructure may need an Australian partner to win federal government approval for its $7.3 billion tilt for energy network and gas pipeline owner and operator DUET Group.
There could be an interesting moment during Tuesday's Reserve Bank board meeting: when the members consider that the bank's forecast of year-to gross domestic product growth dropping to about 2.5 per cent has arrived nine months early.
As our befuddling year comes to a close, it pays to remember which companies can rely on the magic pudding formula.
The final Reserve Bank board meeting of the year takes place at a magical time in Sydney, where the city gives itself over to sundry before Christmas. Michael Pascoe comments.
He is a scruffy 35-year-old named Moshe Hogeg.
What were the major tech trends for SMEs in 2016?
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.