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Showing 11 - 20 of 510 results for "Petroleum"

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... the inflation rate. Against this, while the government is making a big deal about its policy decision to increase the Petroleum Resources Rent Tax, it's still only collecting $2.4 billion in 2022-23. Worse still, even across the outyears the revenue ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... households and 50% of the revenues shared among the states; winding back tax fuel credits for businesses; and redesigning the Petroleum Resource Rent Tax. Grattan said that even by implementing all the tax-focused recommendations, Australia would still ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
... The increase was partly due to strong coal prices and occurred despite the full demerger of BHP's stake in Woodside Petroleum. The mining sector in Australia and around the world paid record dividends in 2021 but Janus Henderson said the price of many ...

KKR, Mubadala in $1.6bn APAC partnership

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... York, London and Beijing. It was created in 2017 out of the merger of Mubadala Development Company and International Petroleum Investment Company. According to its website, Mubadala only owns one asset in Australia currently, being biopharmaceutical ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... in getting prices under control." To do this Biden promised he'd continue the release of oil from the US's strategic petroleum reserve and persist with putting price caps on Russian oil. Biden also announced that'd he'd urge Congress to enact legislation ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... not worth $1.7 billion and so they were pledged against their future projected value in a deal with the International Petroleum Investment Company. IPIC agreed that PNG would have the rights to buy back the shares in 2014, if it could raise the money ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... traded stocks for its SMSF segment are heavily weighted towards blue chips, including: BHP, Westpac, CBA, NAB, Woodside Petroleum, CSL, ANZ, Fortescue Metals, Macquarie Bank, and Telstra. It also reported SMSF accounts are less invested in ETFs compared ...

Energy leads top stock picks: Morningstar

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
... overvalued, according to Morningstar. The research house's latest equity market outlook for Q4 2021 revealed Woodside Petroleum, Beach Energy and Santos as its picks from the sector. "Energy remains the only undervalued sector, with constituents trading ...

ASX 200 doubles down on net zero

ANNABELLE DICKSON  |  MONDAY, 23 AUG 2021
... BHP Group, Beach Energy, BlueScope Steel, Origin Energy, Orica, Oil Search, Rio Tinto, South32, Santos and Woodside Petroleum have incorporated weightings to climate change targets, defined hurdles in the corporate scorecard to climate change transition ...

IFM Investors named in class action

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... collectively doing business as the Colonial Pipeline Company. The Colonial Pipeline supplies the east coast of the US with petroleum and is a critical piece of infrastructure, transporting around 2.5 million barrels of gasoline, diesel fuel, heating ...