Feb 22, 2017 Last Updated 9:59 AM, Feb 22, 2017

New Entry From the Editor :

Non-residential construction to boost economy by 2018

Non-residential construction t…

AusBN - The Reserve Bank of Australia (RBA) has predicted that construction...

Nexif Energy announces two new wind generation projects

Nexif Energy announces two new…

AusBN - Independent energy start-up Nexif Energy has lifted the lid on two ...

Santos posts full-year loss after billion-dollar impairment charge

Santos posts full-year loss af…

AusBN - Adelaide-based energy company Santos (ASX:STO) has reported an annu...

Just Published

Woolworths announce strong HY profit margin

credit card machineAusBNeditAusBN - Woolworths has announced it made a half year net profit of AUS$725.3 million, a huge improvement on the $793 million loss made in the same period of the previous year.

Read more ...

Non-residential construction to boost economy by 2018

construction brisbaneAusBNAusBN - The Reserve Bank of Australia (RBA) has predicted that construction of non-residential buildings will likely provide a timely boost to the country’s economic growth by the end of 2018.

Read more ...

Nexif Energy announces two new wind generation projects

wind farmAusBNAusBN - Independent energy start-up Nexif Energy has lifted the lid on two wind power projects which have attracted attention from German engineering firm Senvion.

Read more ...

Santos posts full-year loss after billion-dollar impairment charge

Jack up Drilling Rig Derrick on Sunny DayAusBNAusBN - Adelaide-based energy company Santos (ASX:STO) has reported an annual loss of US$1.047 billion for 2016, after it was hit with a $1.1 billion impairment charge on the company’s 30% stake in the Gladstone LNG project.

Read more ...

Westfield to list in UK or US

AusBN – Westfield Corporation (ASX: WDC) has announced plans to list in the US or UK early next year.

The move follows the company’s controversial A$70 billion spilt of its international and domestic units last year.

Following the spilt Westfield holds around 40 malls in the US and UK while the spin-off company Scentre Group holds Australasian assets.

The company has also hinted at moving its Sydney head offices overseas and the new location will depend on where it decides to list.

Chairman Frank Lowy said: “We have made it clear at the time of the restructure that we are intending to get listing elsewhere and the details have not been fully worked out, it’s a very complex issue.

“There will be no solution, until there is listing, as to where head office and administration will be.”

@AusBNOnline

This Month's Issue

AusBN Vol2 Iss3

Subscribe

rgn web banner

abn web banner

Recent Tweets