archive-au.com » AU » B » BUSINESSSPECTATOR.COM.AU

Total: 739

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • TPG eyes Shell assets: report | Business Spectator
    Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password A 3 billion sale of Royal Dutch Shell s petrol retail and refining business in Australia is nearing the concluding stages with three parties chasing the assets according to The Australian Financial Review The newspaper suggests that private equity firm TPG is facing off against an Asian energy firm and a consortium that includes Macquarie Group The retail assets are considered the major prize the AFR said with Shell s Geelong refinery facing significant challenges BP and Chevron which owns 50 per cent of Caltex Australia have both been rumoured to be mulling sales of their local petrol retail assets as well There s a serious appetite for these types of assets they are very high quality defensive pretty high visibility It s a competitive market but it s a rational market Credit Suisse analyst Mark Samter told the paper Print this page Related articles 13 Jan Aust LNG may be cheaper than US 13 Jan Whitehaven Asciano ink deal 13 Jan Glencore copper sale has ASX firms on alert 13 Jan Gas reservation is a pipe dream 13 Jan BHP faces buyback pressure More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy Bob Hope Thu 2014 01 09 11 20 Is this the same TPG that took a billion dollars of profit from the Myers scam float and quickly shuffled it out of Australia and subsequently paid no tax on a windfall profit How on earth is a Tax cheat ever allowed to step foot in Australia again and do business Ian Macallan Thu 2014 01 09 23 59 Bob Yes it is the same TPG PE arm of Tarrant Capital LLC that was party to that transaction Keep in mind they are no better or worse than the other internationals working the same space KKR Carlyle Group Blackstone Goldman Sachs Apollo Bain CVC Partners etc and most are international bank backed or owned Then you have mid market operators fund of funds operators financial brokers etc etc the list and subtle variances are long However your comment did triggered some thoughts though I know rare for this time of the year I wonder where the transactions are made such that if they are deals consummated in another country but the resulting change occurs in Australia is the tax due payable in Australia or in the country of origination or the country of settlement I suspect either way not in Australia Second part is the same principle but relates to fee income

    Original URL path: http://www.businessspectator.com.au/news/2014/1/8/resources-and-energy/tpg-eyes-shell-assets-report (2014-01-13)
    Open archived version from archive


  • Woodside nears Israel deal: report | Business Spectator
    knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Woodside nears Israel deal report 8 Jan 2 03 AM Industries Resources and Energy Australian firm seen likely to pay more for stake in Leviathan gas field You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Woodside Petroleum is nearing a final deal over the Leviathan gas field according to reports from Israel The Australian oil gas major signed a memorandum of understanding to acquire 30 per cent of the 8 billion plus offshore gas field in December 2012 but negotiations have since stalled on several occasions due to concerns about Israel s gas export policy and requests for more cash from the current Leviathan joint venture partners Noble Energy Ratio Oil and Exploration and Delek Group According to Israeli business news daily Globes Woodside may sign an agreement to buy 25 per cent of Leviathan within days at a higher price than it had planned to pay for a 30 per cent stake just over a year ago Woodside had initially agreed to a deal worth as much as US2 3 billion for the 30 per cent stake The report comes after the Australian group s chief executive Peter Coleman cast an element of doubt about a deal being reached last month We re not in it to do a deal for a deal we have other options that we re also pursuing and in this case we re ensuring that whatever we do if we do enter into this joint venture it s done in a way

    Original URL path: http://www.businessspectator.com.au/news/2014/1/8/resources-and-energy/woodside-nears-israel-deal-report (2014-01-13)
    Open archived version from archive

  • Resources and Energy | Business Spectator
    the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Resources and Energy China s shock and ore at the Australian way The massive cost blowouts for CITIC Pacific s mining project in WA will remind Chinese investors of the pitfalls of being ill prepared for Australia s luxurious work conditions environmental rules and native title demands by Peter Cai 7 18am January 09 26 comments Shell bidders revealed report Dust settles on suitors for Aust petrol assets deal may be sealed next week 6 46am January 09 Gas supply fears overhyped Little Envestra boss Ian Little suggests crisis talk is over the top report 5 03am January 09 2 comments TPG eyes Shell assets report Shell Australia auction in final stages with three parties vying for control 7 12am January 08 2 comments Woodside nears Israel deal report Australian firm seen likely to pay more for stake in Leviathan gas field 2 03am January 08 Woodside partners sign 1 2bn gas deal The Leviathan group in Israel inks long term deal with the Palestine Power Generation Company 4 06pm January 07 Coal juniors draw Chinese suitors China Kingho s 71m bid for Carabella Resources reveals a patient investor willing to make a strategic play for depressed assets by Amanda Saunders 11 54am January 07 Pilbara entitlements under fire Govt mining companies struggle to balance incentives and cost cutting 7 54am January 07 2 comments Shell BP mull asset sales Oil giants consider selling Australian petrol stations report 6 23am January 07 3 comments Point Henry decision in March Alcoa to make call on future of Vic aluminium smelter report 1 09am January 07 2 comments Iron ore coal still going strong study East Partners report finds iron ore coal exports continue to rise 2 13pm January 06 Chevron wins conditional EPA approval in WA Energy giant gets provisional go ahead to clear land on Barrow Island for gas project 1 20pm January 06 1 comment Altona Mining shares spike Shares in miner lift in afternoon trade following 11m early debt repayment 12 33pm January 06 Abnormal QLD power prices force smelter production cut Aluminium smelter to cut production blaming abnormally high Queensland prices relative to NSW and Vic 12 25pm January 06 Beach a focus for Cooper Basin M A SA region likely to be home to significant consolidation in 2014 by Paul Garvey The Australian 1 54am January 06 1 comment FIRB won t examine Newcrest project sale

    Original URL path: http://www.businessspectator.com.au/industries/resources-and-energy?page=1 (2014-01-13)
    Open archived version from archive

  • Resources and Energy | Business Spectator
    Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Resources and Energy Aust LNG may be cheaper than US Oil and gas consultancy expects local exports to Asia to remain competitive 9 34am January 13 Whitehaven Asciano ink deal Asciano s Pacific National Coal secures long term haulage agreement with miner 8 57am January 13 Glencore copper sale has ASX firms on alert PanAust Indophil Highlands Pacific watching Glencore Peru dealings closely by Barry Fitzgerald The Australian 8 38am January 13 Gas reservation is a pipe dream A federal study into eastern Australia s gas market flags a risk that domestic gas prices may overshoot export parity levels It delivers a clear message to the manufacturing sector forget about a national gas reservation policy by Keith Orchison 6 58am January 13 4 comments BHP faces buyback pressure Investors pushing miner for new capital management plans report 5 03am January 13 Indonesia ban no issue Palmer Jakarta plan to ban mineral exports won t hurt Clive Palmer s Yabulu refinery report 4 17am January 13 OM Holdings CEO resigns Peter Toth announces resignation will remain in position until April 4 5 20pm January 10 1 comment Korea China jostle for Aust resources Mining junior Rex Minerals among first to benefit from competition report 3 59pm January 10 1 comment Fed govt should support Alcoa ALP Shorten says Abbott government has given up on manufacturing in Australia 3 28pm January 10 9 comments Solar and wind competitive with fossil fuels Gov t economist Bureau of Resource and Energy Economics updates power costings suggesting wind and solar competitive without carbon price by 2030 11 46am January 10 2 comments Shares in Kimberley Diamonds shine The owner of the Ellendale Mine has seen its shares surge this week sparking talk that another acquisition may be on the cards by Amanda Saunders 10 51am January 10 1 comment Forge enters trading halt Mining services company set to update market on its current financial position 9 24am January 10 1 comment Alcoa swings to Q4 loss Aluminum maker s results weighed by US1 7bn impairment charge 8 36am January 10 1 comment Australia is not the key to China s resource prison CITIC Pacific executives played on China s fears of resource insecurity to justify the terrible performance of their Pilbara mine It s an argument that does more harm than good to both China and Australia by Peter Cai 7 12am January 10 8 comments Exxon 7 Eleven in branding deal Deal reaffirms ExxonMobil s commitment to Aust downstream operations by Barry Fitzgerald The Australian 6 57am January 10 Gas supply debate reignites AGL dismisses assertion that NSW gas supply

    Original URL path: http://www.businessspectator.com.au/industries/resources-and-energy?destination=taxonomy/term/3009 (2014-01-13)
    Open archived version from archive

  • ACCC clarifies Sims' comments on asset sales | Business Spectator
    the government relinquish control of long held assets to maximise productivity and create the greatest benefit to consumers Government ownership versus private ownership massively affects the incentives people have to drive productivity change he told The Australian Financial Review The Abbott government already has flagged the sale of health insurer Medibank Private The possibility Australia Post could be sold off as well follows the privatisation of Britain s Royal Mail Opposition frontbencher Anthony Albanese a former communications minister wants more detail from Mr Sims But he stressed the importance of post offices in regional locations especially small towns They can be key components of their communities he told reporters in Sydney adding there was a danger services could be lost if Australia Post was broken up and sold off to the private sector Mr Albanese said it was up to the government to explain its agenda for Australia Post and Medibank Private Rowlands urges guarantee from Turnbull However acting shadow communications minister Michelle Rowland has called on the Abbott Government to immediately reaffirm its promise to keep Australia Post in public hands In May last year Malcolm Turnbull gave a written undertaking that the Coalition had no plans to privatise Australia Post Ms Rowland said If the Coalition privatises Australia Post it will be another broken promise Australia Post provides vital services to communities around Australia and should remain in public hands Ms Rowland dismissed arguments that the company should be privatised Australia Post has proven to be a well run and innovative organisation that delivered a profit to the Australian people in 2012 13 Ms Rowland said These dividends should remain in the public s hands not those of a relatively few select shareholders Print this page Related articles 13 Jan Abbott eyes repeal of 8000 red tape laws 13 Jan Morgan to join financial inquiry 13 Jan Iran nuke deal to take effect 13 Jan Govt interest bills surging report 13 Jan Palmer wants to repeal Newman laws More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy Silvano Porcaro Mon 2014 01 06 16 51 Australia post currently operates across a number of different areas eg regular mail courier services foreign exchange general retail amongst others There is definitely opportunity to streamline these activities by selling off some of the activity to private enterprise Most obviously is the package delivery service which would remove a bunch of vehicles and their drivers from the public purse If Australia Post is to remain in public hands it should limit its activities to regular mail delivery sale of stamps and envelopes etc passport applications bill payment and banking agent where necessary F not available Mon 2014 01 06 18 02 Care to tell us why It seems a blatant case of privatise the profits and socialise the losses Why would the government sell

    Original URL path: http://www.businessspectator.com.au/news/2014/1/6/politics/accc-clarifies-sims-comments-asset-sales (2014-01-13)
    Open archived version from archive

  • Services sector contracts in December | Business Spectator
    rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Services sector contracts in December 6 Jan 9 48 AM Industries Professional Services Retail Australia Industry Group Performance of Services Index employment new orders and sales all contracted in month You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP Australia s services industry finished 2013 on a sour note with the sector contracting at a faster rate in December According to the Australia Industry Group Performance of Services Index PSI employment new orders and sales all contracted during the month The retail sector also continued to decline despite receiving a boost from Christmas sales The PSI declined 2 8 points to 46 1 in December A reading of less than 50 indicates a contraction in the sector and the lower the reading below that number the greater the rate of decline Ai Group chief executive Innes Willox said the sector had shown signs of improvement since the federal election but the latest figures showed the industry remained weak Continuing weakness in the important services sector underlines the fragility of the domestic economy at a time when a lift in non mining related activity is needed to meet the challenge of rebalancing in the wake of the mining investment boom he said He added that the Reserve Bank of Australia may need to consider cutting interest rates further if the sector does not begin to recovery in the next few months AIG PSI DEC pdf

    Original URL path: http://www.businessspectator.com.au/news/2014/1/6/professional-services/services-sector-contracts-december (2014-01-13)
    Open archived version from archive

  • Recall makes positive ASX debut | Business Spectator
    Telecommunication Latest stories REVIEW Nokia Lumia 1520 The Nokia 1520 sports a number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Recall makes positive ASX debut 10 Dec 2013 12 23 PM DataRoom Industries Professional Services Markets Brambles demerged document management business lifts above listing price You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP Brambles Ltd s demerged document management business Recall has made a positive debut as a separate entity on the Australian Securities Exchange ASX Shares in Recall had risen to 4 35 by 1210 AEDT on Tuesday after opening at 4 15 at noon Recall manages and stores documents and records Brambles which retains its pallets business announced the demerger of Recall in July 2013 after failing to sell the business Brambles earlier said the demerger enables Brambles to concentrate on growing its pooling solutions business which provides reusable CHEP and IFCO pallets crates and containers to industry Recall has about 312 million ordinary shares trading on the market Shares in Brambles were 59 cents lower at 8 69 at 1210 AEDT Print this page Related articles 06 Jan ACCC clarifies Sims comments on asset sales 06 Jan Buckley to quit as Cardno CEO 06 Jan Services sector contracts in December 19 Dec Cover More shares plunge 18 in early

    Original URL path: http://www.businessspectator.com.au/news/2013/12/10/professional-services/recall-makes-positive-asx-debut (2014-01-13)
    Open archived version from archive

  • WesTrac to buy Caterpillar's Chinese businesses | Business Spectator
    key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Is the EU about to abdicate climate leadership The rift over energy and climate policy is widening in Brussels as politicians feel the pressure from the continent s ongoing economic crisis The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu WesTrac to buy Caterpillar s Chinese businesses 10 Dec 2013 9 23 AM DataRoom Mergers Acquisitions Industries Construction and Engineering Professional Services Economy China Seven Group to fund US130m transaction through new debt facility You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password By a staff reporter WesTrac China Limited a subsidiary of Seven Group Holdings Ltd has reached a deal to acquire Caterpillar Global Mining s distribution and support business in provinces where WesTrac operates in north eastern China In a statement to the Australian Securities Exchange WesTrac said it expects to begin providing sales service and support for expanded mining products in these territories after closing the sale The transaction is valued around US130 million with Seven Group to fund the deal through a a new five year debt facility The acquisition is expected to be largely earnings per share neutral for the remainder of the financial year ending 30 June 2014 and accretive thereafter Seven Group said WesTrac estimates the annual revenues for the acquired distribution and support business to be in the range of US210 million to US250 million for the upcoming 2015 financial year Print this page Related articles 10 Jan New home sales lift in November 09 Jan Building approvals fall in

    Original URL path: http://www.businessspectator.com.au/news/2013/12/10/construction-and-engineering/westrac-buy-caterpillars-chinese-businesses (2014-01-13)
    Open archived version from archive