Energy Resources Applies to Takeovers Panel Regarding 'Unacceptable Behavior' From Shareholder
Uranium producer Energy Resources of Australia (ASX:ERA) applied to the Australian Takeovers Panel regarding the alleged "unacceptable conduct" by shareholder Zentree Investments about an expected cap
Federal Budget 2024: More Tax Reform on Top of $1,5000 Cost of Living Relief and Centrelink Cash Boost
Investing in Energy Resources of Australia (ASX:ERA) Five Years Ago Would Have Delivered You a 30% Gain
Australia's Export Price Index Falls 2.1%, Imports Index Falls 1.8% in March Quarter
Australia's export price index fell 2.1% and the import price index fell 1.8% in the March quarter, according to the Australian Bureau of Statistics' International Trade Price Indexes. Export prices,
Renewable Energy: Power Giants Fear Green Scheme Will Shut Out Crucial Projects
Pumped hydro projects are at risk of missing out on critical funding contracts being offered under the federal government’s plan to hasten the green energy rollout
Energy Resources of Australia Appoints Rio Tinto for Ranger Rehab Project's Management
Energy Resources of Australia has appointed Rio Tinto to manage the rehabilitation of its Ranger uranium project in the Northern Territory, Australia.
Rio Tinto to Take Over Rehabilitation of Closed Ranger Uranium Mine
By David Winning SYDNEY--Rio Tinto is to take over the rehabilitation of the closed Ranger uranium mine in Australia's Northern Territory from Energy Resources of Australia, which has struggled with
ASX Energy Shares Losing Charge Amid Fresh Warnings of Gas Supply Shortfalls
Most ASX energy shares are down on Friday with the S&P/ASX 200 Energy Index (ASX: XEJ) the worst-performing sector, slumping 1.4%.
Electrification Needs Gas to Bridge Shortfall: Operator
Australia is being urged to keep more of its gas for local use after official forecasts warned of shortages for homes and businesses.
Australian Power Bills Set to Fall, Easing Strains on Households
Energy bills for Australian households and small businesses may fall from July, in a fillip for the government that has been trying to relieve cost-of-living pressures driven by elevated inflation and high interest rates.
Australia's Trade Surplus Expands to A$11 Billion in January
The surplus on trade goods in Australia increased in January due to a boost in exports of farm products and gold
Australia's Manufacturing Sector Contracts in February
Australia's manufacturing sector deteriorated in February, owing to a decline in output and volumes of outstanding business in the month. The headline seasonally adjusted Judo Bank Australia Manufactu
Decarbonization Progress in Focus During Australia Earnings Season -- Market Talk
Updates from Australian companies on decarbonization progress and capex, safeguard mechanism impacts, modern slavery supply-chain impacts, and safety will be a focus of investors in the upcoming reporting season, says Macquarie.
Australia's Q4 Inflation Rate Eases to 0.6%, Falling Below Expectations
The CPI slowed to 0.6% in the December quarter, down from 1.2% in the previous quarter. Market consensus was 0.8%.
Surplus Supply Could Dent Australian Energy Stocks -- Market Talk
Being overweight on the Australian energy sector looks increasingly problematic given the potential for a significant surplus in global oil supplies in 2025, Citi analysts say.
Australian Inflation Slows in November to 4.3%, Below Forecast
The headline consumer price index increased by 4.3% over the 12 months to November, down from 4.9% in October. This figure came in just below the market forecast of 4.4%.
AU Morning Wrap: ASX Falls, Tracking Wall Street; Energy Stocks Rise
The benchmark S&P/ASX 200 index slipped 0.2%, weighed down by technology and real estate stocks.
When Can ASX 200 Investors Expect RBA Interest Rate Cuts?
Will interest rates go higher yet from here? Or can ASX 200 investors look forward to some rate-cutting relief from the RBA in 2024?
Australian Flash PMI Data Shows Economy on Track For a Soft Landing
Australian private sector business activity continued to contract in December as demand conditions remained soft, but the data still points to a soft landing for the commodity-
Australia's GDP Expands 0.2% in Q3, Below Forecasts
Australia’s gross domestic product grew 0.2% in the third quarter, from 0.4% in Q2, undershooting the market consensus of 0.4%.
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