Santos' $3.6b Narrabri gas project hit with fresh lawsuit
The case, which was filed by the Gomeroi people of northern NSW on June 16, comes just a month after the Native Title Tribunal ruled that the project's importance to Australia's energy reliability outweighed potential environmental and cultural heritage concerns.

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ABC News
11 hours ago
- ABC News
Santos $36bn takeover bid hits huddles
ABC's chief business correspondent, Ian Verrender, says even if the due diligence gets across the line and and Santos strike a deal, it's going to take another four weeks to get approvals from within XRG Consortium, led by Abu Dhabi National Oil Company.

AU Financial Review
16 hours ago
- AU Financial Review
Indigenous businesses generate $42.6b in social value a year
Supply Nation was founded on the premise that self-determination and improved social outcomes can be achieved by supporting Indigenous-owned businesses through procurement. Economic empowerment is a catalyst for social empowerment, improving financial security, standards of living, health, education and overall wellbeing. This is a model that promotes inclusion over exclusion and prosperity over dependence. Our latest research report The Sleeping Giant Rises confirms that Indigenous-owned businesses are generating significant economic and social value for Australia. This pioneering study reveals that Indigenous businesses generate $42.6 billion in social value each year – value that benefits Indigenous business owners, Indigenous employees and their households. Social value refers to the positive changes measured through an Indigenous lens of wellbeing. This includes increased agency, expanded aspirations, financial security, pride, health, as well as stronger connections to community, culture and country. While many Indigenous businesses do give back, through formal or informal means, there should not be an expectation or assumption that they are all philanthropic. Our research demonstrates that even without social or community elements, these businesses are creating economic and social value purely by being in business. The outcomes are powerful: 95 per cent of respondents feel proud of who they are, 89 per cent are more able to express their culture, and 86 per cent say young people in their family have more pride in their culture. Of the survey respondents 78 per cent confirmed that as a result of running a business young people in their family are more positive about their future career options. Research by the University of Melbourne found that the Indigenous business sector contributes around $16 billion to the economy, employs 116,000 people, and pays $4.2 billion in wages. Supply Nation's research reinforces these figures and provides evidence that for every $1 generated by an Indigenous business, $3.66 in social and economic value flows back into the Australian economy. This is powerful empirical evidence that can't be ignored. Supporting Indigenous-owned businesses leads to measurable outcomes that close gaps. Additionally, Indigenous corporations, organisations and traditional owners are contributing real and quantifiable value to the health of our economy through land and sea management, carbon farming, habitat renewal, fire abatement and renewable energy projects. We welcome Prime Minister Albanese's recent announcement at Garma Festival committing to an economic partnership agreement with the First Nations Economic Empowerment Alliance and the Coalition of Peaks. But to realise the full potential of this agreement, we need the support of business. Tomorrow marks the beginning of Connect 2025 Australia's largest and longest running event showcasing the Indigenous business sector. Held at ICC Sydney, this two-day event will feature more than 270 Indigenous exhibitors and welcome over 4000 corporate and government representatives, international delegates and community leaders seeking commercial, cultural and trade opportunities. Opening with the Knowledge Forum, business owners, procurement experts, entrepreneurs, academics, and advocates will engage in essential conversations on the current state of the sector, its successes and challenges. These discussions will explore proposed changes to the federal government's Indigenous Procurement Policy (IPP) and the definition of an Indigenous business. Supply Nation has long advocated for the definition of an Indigenous business to be 51 per cent or more Indigenous owned, managed and controlled. Panel sessions will also focus on traditional knowledge systems, disruptive and innovative technologies, structuring long-term partnerships, and access to capital and financial services. Supply Nation now has more than 850 corporate, government and non-profit members committed to supporting the growth of Indigenous businesses through procurement. Our national database, Indigenous Business Direct, now lists over 5800 verified Aboriginal and Torres Strait Islander suppliers, representing every sector of the economy. These commercial partnerships between our members and suppliers deliver economic empowerment and real progress in closing gaps. This year's Connect theme is Beyond the Horizon. Thousands of us will gather on Gadigal Land to celebrate the progress of a premise, chart bold new pathways and elevate pride in country, community and culture. I invite all Australians to look beyond the negative narratives, beyond the myths and support the rising Indigenous economy. Corporate Australia has played a significant role, but there is still so much opportunity for partnerships and sustainable growth.


7NEWS
2 days ago
- 7NEWS
Inside St Kilda star Nasiah Wanganeen-Milera's re-signing announcement as Bradley Hill's daughter plays adorable role
The breakout star becomes the first AFL player to earn $2 million per year in signing through to the end of 2027. A membership offer released to celebrate the news generated so much interest it crashed the club website on Monday afternoon. Teammate Bradley Hill's daughter baby daughter Harriet broke the news at a Saints players' meeting, sparking raucous scenes. 'We love Harriet and we love Nas,' yelled coach Ross Lyon. The 22-year-old had been cagey about his future, the most hotly anticipated contract call this year, amid his breakout season, but has ultimately turned his back on monster long-term offers from Adelaide and Port Adelaide. 'I know how special it is to pull on the red, white and black. Every time I run out, I'm representing my family, my culture and this club. That means everything to me,' the Indigenous young gun said in a club statement.'I've still got so much I want to improve in my game, and I know this is the right place for me to keep growing. I've got great people around me who push me to be better every day.'I want to help create something long-lasting here.' The South Australian was the major target for both Adelaide and Port, though neither realistically had the draft capital to appease the Saints in a trade this year. The short-term contract means the two Adelaide clubs will circle again with fresh attempts to lure Wanganeen-Milera back to his home state, and with time to amass better trade capital. But the deal also gives St Kilda the opportunity to show their young star, pivotal to their on-field fortunes, that Moorabbin is the place to be long term. 'Nasiah's commitment to the club is a strong vote of confidence in not only the culture we've built, but in the future we're creating both on and off the field,' Saints football boss David Misson said. 'Nas is a well-loved and deeply connected member of our team. His decision to stay is brilliant news for the entire footy club, from the playing group to our loyal supporters.' Had Wanganeen-Milera chosen to walk, it would have been a devastating blow for the Saints, whose fans had carried signs saying 'we love you Nas' to recent home games. Instead, it is the best news for long-suffering Saints fans since their team was in premiership contention in 2009-10. Wanganeen-Milera, who was pick No.11 in the 2022 draft, has been moved from half-back into the midfield with devastating effect this season. The silky-skilled star with a scintillating turn of pace has averaged 30.2 disposals, three clearances and 6.4 score involvements per game while kicking 17 goals, emerging as a genuine matchwinner. That included a breathtaking four-goal performance against Melbourne, including the final two majors at the death to deliver a six-point victory. Port Adelaide captain Connor Rozee was among Power players who made direct pitches to Wanganeen-Milera. 'Congrats to him really, he's an amazing player,' Rozee told reporters on Monday. 'Not only us, but I think every side in the competition would love to have a player like him. 'He has earnt every part of what is coming his way.' With their main man locked in, St Kilda will continue to attempt to bolster their list around him. The Saints have a huge seven-year contract in front of Carlton free agent Tom De Koning, with the ruckman expected to walk for close to $1.7 million per year, and are also after GWS defender Leek Aleer. Midfielder Marcus Windhager is yet to re-sign, while popular ruckman Rowan Marshall appears no certainty to stay. St Kilda won't play finals this season but are on a four-game winning streak ahead of facing the Giants away on Sunday.