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Coles sells petrol stations to Viva Energy, FMG pledges $6.2b to go green and OZ Minerals invests in West Musgrave project
Sep 23, 2022 • 5:34 PM
ASX 200

Coles sells petrol stations to Viva Energy, FMG pledges $6.2b to go green and OZ Minerals invests in West Musgrave project

Australian retail giant Coles Group (ASX: COL) has announced it will sell its 710 Coles Express fuel sites to Viva Energy Group (ASX: VEA) to prioritise the group’s supermarket and liquor business moving forward. Viva Energy will assume ownership, as well as controlling and operating responsibilities of the petrol stations across the nation. As per […]

NAB offers workers pay rise, Mineral Resources responds to media speculation and Metcash continues sales momentum
Sep 09, 2022 • 7:33 PM
ASX 200

NAB offers workers pay rise, Mineral Resources responds to media speculation and Metcash continues sales momentum

National Australia Bank (ASX: NAB) has offered its staff an extra week of leave and a 5% pay rise, in the major bank’s latest attempt to bargain with employees on a new enterprise agreement. Workers earning less than $100,000 in total remuneration could receive the 5% pay rise initially, followed by a 4% wage increase […]

Rio Tinto pays historic tax settlement, Kelsian walks from deal with Go-Ahead and BHP accelerates potash project
Jul 22, 2022 • 4:31 PM
ASX 200

Rio Tinto pays historic tax settlement, Kelsian walks from deal with Go-Ahead and BHP accelerates potash project

Mining giant Rio Tinto (ASX: RIO) has agreed to hand over almost $1 billion in unpaid taxes in what is deemed to be one of the largest tax settlements in Australian history. Rio Tinto will pay the Australian Tax Office (ATO) an additional $613 million to settle disputes over its financing arrangements and marketing hubs […]

Qantas workers threaten strike, Chalice Mining breakthrough at Julimar and Incitec appoints CFO for fertiliser business
Jul 08, 2022 • 4:09 PM
ASX 200

Qantas workers threaten strike, Chalice Mining breakthrough at Julimar and Incitec appoints CFO for fertiliser business

Australia’s largest domestic and international airline Qantas (ASX: QAN) is facing troubled times ahead as 1,000 of its staff prepare to potentially go on strike in the midst of failed negotiations over a 12% pay rise. Engineers from Qantas, Jetstar and Network Aviation are set to vote on strike action next week, with two options […]

BHP to shut down NSW’s largest coal mine, Worley strikes deal with Chevron and Fortescue teams up with Liebherr
Jun 17, 2022 • 5:43 PM
ASX 200

BHP to shut down NSW’s largest coal mine, Worley strikes deal with Chevron and Fortescue teams up with Liebherr

BHP Group (ASX: BHP) has announced it will shut down its Mt Arthur coal mine in New South Wales after no buyers were sought for the state’s largest coal mine, which has been operating since 2002. The mine will continue to operate until at least 2026, with BHP expected to extend the operations until 2030 […]

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