Australian Financial News
  • News

    Cannabis firm Cronos launches $20m float

    Another medical cannabis company is looking to list on the ASX, joining about 20 other companies in the sector. Cronos Australia launched a $20 million IPO on Wednesday, underwritten by Bell Potter, with the goal [...]
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    Calls for rethink on ‘old tech’ Snowy 2.0

    Cost and time blowouts on the Snowy 2.0 hydro power project should prompt the Morrison government to take a new look at whether taxpayers should really be strapping themselves to an old-technology scheme, critics say. [...]
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    AGL makes $27.5m offer for regional telco

    AGL Energy has offered to buy telecommunications provider Southern Phone Company Limited for $27.5 million, four months after the power generator and retailer walked away from a second attempt to acquire Vocus. AGL on Wednesday [...]
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    CBA CEO at odds with RBA on tax cut impact

    Commonwealth Bank chief executive Matt Comyn believes federal government tax cuts are having a positive effect on the economy, potentially putting the boss of Australia’s biggest bank at odds with RBA. “There are signs that [...]
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    WorleyParsons aims to avoid Dar takeover

    WorleyParsons has asked the Foreign Investment Review Board to look at “possible creeping acquisitions” by Beirut-headquartered Dar Group as the ASX-listed engineering and consulting firm aims to fend off a possible takeover by its largest shareholder. [...]

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WorleyParsons aims to avoid Dar takeover

WorleyParsons has asked the Foreign Investment Review Board to look at “possible creeping acquisitions” by Beirut-headquartered Dar Group as the ASX-listed engineering and consulting firm aims to fend off a possible takeover by its largest shareholder. [...]