Shares in energy provider Infigen have surged by more than 35 per cent after a $777 million takeover bid from investment group UAC Energy Holdings. UAC, majority-owned by AC Energy Group, is offering 80 cents […]
La Trobe University is talking with several banks about accessing more money so it can continue running in the short-term. The Victorian university has also asked its staff to take a pay cut to protect […]
Federal Treasurer Josh Frydenberg has confirmed Australia is now in a recession after 29 consecutive years of economic growth. The Australian economy shrank 0.3 per cent in the March quarter amid bushfires and the early […]
Australia will suffer its first recession in 29 years after the economy shrank by 0.3 per cent in the March quarter. New GDP figures have exposed the damage caused by the summer bushfires and the […]
The Reserve Bank could use regulatory powers to reduce the cost of electronic payments for merchants and consumers as the coronavirus pandemic makes people wary of using cash. The central bank is conducting a review […]
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