Santos $11bn bid approach seen too low

Producers are already doing everything they can to sell into the higher-priced domestic market.

A reported looming $11b takeover bid for Santos from a heavyweight US private equity firm has taken the market by surprise and drawn reaction that it undervalues the local player.

Energy shares are gearing up for a big day after an OPEC deal.

Big US oil makes $11b play for Santos

A consortium of powerful global energy investors, led by a former executive director of Royal Dutch Shell, Linda Cook, is said to have recently approached the Santos board.

Marriage equality within weeks

Hardline conservatives have dumped plans for a rival bill on same-sex marriage after Australians voted emphatically to change the Marriage Act.

Quadrant bets big on fitness

Quadrant Private Equity has bet big on gyms and wellness trends, spending nearly $750m in the past 12 months bulking up its Fitness & Lifestyle Group.

$A losses could accelerate

The tumble in the Australian dollar could accelerate if today's October job data misses expectations.

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'Irrational exuberance' is back

A record-high number of fund managers think stocks are overvalued right now, and a record-high number of managers keep on buying those stocks anyway.

Opinion

Tony Boyd

Love is in the air

It is a long time since Chanticleer has heard the word love used so freely by chief executives when describing the pathway to success in business.

It's a "yes".

Find out how your electorate voted

Same-sex marriage should be legal by Christmas after 61.6 per cent of Australians voted Yes in the historic voluntary postal survey, and only 38.4 per cent voted No.

Personal Finance

Don't waste SMSF tax savings

If you're likely to withdraw more than the minimum annual pension from your DIY fund, it will pay off to plan ahead.