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Kevin Gallagher avoids insider trading trial with settlement
Kevin Gallagher avoids insider trading trial with settlement

AU Financial Review

time12 hours ago

  • Business
  • AU Financial Review

Kevin Gallagher avoids insider trading trial with settlement

Santos boss Kevin Gallagher has settled a six-year legal battle brought by the liquidators of collapsed contractor Forge Group on the eve of the trial, avoiding the need to defend insider trading claims from the witness box. The trial, pitting Forge Group against Perth-based engineering firm Clough and two former directors, had been due to begin in Western Australia's Supreme Court on Tuesday.

Penny Wong heckled by environmental activists in Perth as backlash against North West Shelf gas extension escalates
Penny Wong heckled by environmental activists in Perth as backlash against North West Shelf gas extension escalates

Sky News AU

time17 hours ago

  • Politics
  • Sky News AU

Penny Wong heckled by environmental activists in Perth as backlash against North West Shelf gas extension escalates

Prime Minister Anthony Albanese's new-look cabinet's tour of Perth has been disrupted after Foreign Minister Penny Wong was blasted by climate demonstrators for the government's contentious North West Shelf gas extension. The Prime Minister spent the day in Perth alongside his cabinet colleagues, after securing a shock defection from Western Australian Greens-turned-Labor Senator Dorinda Cox. However, the PM's trip was overshadowed by a number of issues including a renewed push from NSW and Victoria for the government to reduce WA's GST share in addition to demonstrations from climate activists protesting Environment Minister Murray Watt's polarising decision to greenlight the North West Shelf gas extension. A Perth-based environmentalist group called 'Disrupt Burrup Hub', which aims to oppose Woodside's Burrup Hub gas processing facilities scorned the Foreign Minister for abandoning climate action in a tense confrontation. Ms Wong whilst strolling the streets of Perth was pursued by a male protester who questioned her as to why the Albanese government "was destroying our future'. 'Penny your government is destroying our future, how dare you, we relied on you,' the man shouted, with members of Ms Wong's staff and security team restraining the protester from advancing towards the Minister. The man continued and stated that the Albanese government would 'destroy the world's oldest rock air,' referencing the fact that the Karratha Gas Plant was located close to a 50,000-year-old Indigenous rock art gallery. The demonstrator said Ms Wong was a member of a government that 'pretends to take climate action,' and exclaimed, 'how could you do this to us?' The group, which has previously protested against the Albanese government's position on the conflict in Gaza opposes the entirety of Woodside's operations in the Burrup Hub in addition to new industrial expansions in the Scarborough and Browse gas fields. The group states it stands up for Woodside's 'crimes against humanity'. The Burrup Hub is a larger proposed expansion of gas infrastructure, and aims to link the existing Pluto LNG facility and the North West Shelf to create a regional LNP production centre on the Burrup Peninsula. The decision to extend the life of the project until 2070 enraged numerous environmental and Indigenous groups, with the Climate Council stating the move would release an additional four billion tonnes of fossil fuel emissions, of which is equivalent to a decade of Australia's annual emissions. Senator Cox also strongly condemned the decision last week and voiced her firm disapproval, despite stating that her values best align with the Labor Party and that being a member of the Labor government was the best way to enact change.

Tech company collapse sparks shareholder battle with $14b chipmaker
Tech company collapse sparks shareholder battle with $14b chipmaker

AU Financial Review

time2 days ago

  • Business
  • AU Financial Review

Tech company collapse sparks shareholder battle with $14b chipmaker

A group of shareholders in failed ASX-listed technology firm Nuheara are battling to resurrect the once-promising hearing device maker, but must first defeat a legal challenge from $14 billion Taiwanese semiconductor giant Realtek. Perth-based Nuheara collapsed into administration last August after it was unable to refinance a $2.5 million loan from Realtek, which was its largest shareholder, amid struggling sales and consistent losses.

Qantas announces direct flights between Newcastle and Perth, reinstates Perth-to-Hobart service
Qantas announces direct flights between Newcastle and Perth, reinstates Perth-to-Hobart service

Courier-Mail

time6 days ago

  • Business
  • Courier-Mail

Qantas announces direct flights between Newcastle and Perth, reinstates Perth-to-Hobart service

Don't miss out on the headlines from Breaking News. Followed categories will be added to My News. Qantas has announced its first direct flights between Perth and Newcastle, cutting out a lengthy drive for travellers commuting between the cities. The New QantasLink route launching on September 8 will make it easier for Aussies looking to travel to and from the east and west coast, with flights operating three times a week on Fridays, Sundays and Mondays. The five-hour direct flight is set to save commuters time, as a flight or lengthy drive between Newcastle and Sydney will no longer be required. The route will be chartered by a 150-seat Airbus A319, meaning that 900 seats are available per week and more than 45,000 annually to and from Western Australia. The new QantasLink route will launch in September. Picture: NewsWire / Christian Gilles Perth is the fifth most travelled-to destination for people in the Newcastle Airport catchment, and a Newcastle Airport survey in July last year revealed that an overwhelming 97 per cent of respondents said they would likely travel to Perth if direct flights were available. The new Perth service is forecast to inject about $21.7m into the Newcastle economy each year and create 74 new jobs. Newcastle Airport chief executive Linc Horton said the 'direct to Perth' service was necessary for the region. 'We've worked hard to secure this route because it's one our community and extended region needs,' Mr Horton said. Flights will operate three times a week on Fridays, Sundays and Mondays. Picture: NewsWire / James Gourley 'The five-hour service saves travellers a lengthy drive to Sydney and connects Newcastle and the Greater Hunter directly with WA's resources sector, creating enormous potential for business travel and fly-in fly-out operations. 'It also brings loved ones together and unlocks international one-stop connections via Perth to cities like London, Paris, Johannesburg and seasonal to Rome. 'Western Australia is a vital part of Australia's economy, and this service gives the Hunter's businesses and workers faster, easier access to it. It also supports our strategy to strengthen the airport's role as a key economic enabler for the region. 'The benefits aren't just outbound. With direct access to the Hunter, Perth-based travellers now have easier reach to a region known for wine, coastlines, defence and energy innovation.' Port Stephens Mayor and Newcastle Airport director Leah Anderson said the region deserved direct flights to Perth. Qantas will reinstate a direct Perth-to-Hobart service. Picture: NewsWire / Dylan Coker 'It's about time saved, convenience gained and opportunities unlocked. For the people of Newcastle, Port Stephens, the Greater Hunter and south through to the Central Coast, whether it's for FIFO work, family reunions or seeing more of Australia – this new route makes travel easier and more accessible,' she said. Qantas will also reinstate a direct Perth-to-Hobart service for the first time since 2023, operating three times a week most months of the year. Flights between Perth and Hobart will begin from September 26 and will be available year-round outside of May, June and August. The services will be available for booking on from Thursday morning. Picture: NewsWire / Andrew Henshaw The flights, also chartered by A319 aircraft, are available on Mondays, Fridays and Sundays and will add an additional 32,000 seats annually. The services will be available for booking on from Thursday morning, with economy launch fares starting from $299 Perth-Newcastle one-way and $299 Perth-Hobart one-way. The sale ends 11.59pm AEST on Monday, June 2, unless sold out prior. QantasLink chief executive Rachel Yangoyan said the company was proud to be supporting WA's resource and tourism sector. 'These direct services will not only boost inbound visitors to WA but offer more opportunities for those working in the resource sectors across the country with improved options for their travel,' she said. Originally published as Qantas announces direct flights between Newcastle and Perth

Qantas announces direct flights between Newcastle and Perth
Qantas announces direct flights between Newcastle and Perth

West Australian

time6 days ago

  • Business
  • West Australian

Qantas announces direct flights between Newcastle and Perth

Qantas has announced its first direct flights between Perth and Newcastle, cutting out a lengthy drive for travellers commuting between the cities. The New QantasLink route launching on September 8 will make it easier for Aussies looking to travel to and from the east and west coast, with flights operating three times a week on Fridays, Sundays and Mondays. The five-hour direct flight is set to save commuters time, as a flight or lengthy drive between Newcastle and Sydney will no longer be required. The route will be chartered by a 150-seat Airbus A319, meaning that 900 seats are available per week and more than 45,000 annually to and from Western Australia. Perth is the fifth most travelled-to destination for people in the Newcastle Airport catchment, and a Newcastle Airport survey in July last year revealed that an overwhelming 97 per cent of respondents said they would likely travel to Perth if direct flights were available. The new Perth service is forecast to inject about $21.7m into the Newcastle economy each year and create 74 new jobs. Newcastle Airport chief executive Linc Horton said the 'direct to Perth' service was necessary for the region. 'We've worked hard to secure this route because it's one our community and extended region needs,' Mr Horton said. 'The five-hour service saves travellers a lengthy drive to Sydney and connects Newcastle and the Greater Hunter directly with WA's resources sector, creating enormous potential for business travel and fly-in fly-out operations. 'It also brings loved ones together and unlocks international one-stop connections via Perth to cities like London, Paris, Johannesburg and seasonal to Rome. 'Western Australia is a vital part of Australia's economy, and this service gives the Hunter's businesses and workers faster, easier access to it. It also supports our strategy to strengthen the airport's role as a key economic enabler for the region. 'The benefits aren't just outbound. With direct access to the Hunter, Perth-based travellers now have easier reach to a region known for wine, coastlines, defence and energy innovation.' Port Stephens Mayor and Newcastle Airport director Leah Anderson said the region deserved direct flights to Perth. 'It's about time saved, convenience gained and opportunities unlocked. For the people of Newcastle, Port Stephens, the Greater Hunter and south through to the Central Coast, whether it's for FIFO work, family reunions or seeing more of Australia – this new route makes travel easier and more accessible,' she said. Qantas will also reinstate a direct Perth-to-Hobart service for the first time since 2023, operating three times a week most months of the year. Flights between Perth and Hobart will begin from September 26 and will be available year-round outside of May, June and August. The flights, also chartered by A319 aircraft, are available on Mondays, Fridays and Sundays and will add an additional 32,000 seats annually. The services will be available for booking on from Thursday morning, with economy launch fares starting from $299 Perth-Newcastle one-way and $299 Perth-Hobart one-way. The sale ends 11.59pm AEST on Monday, June 2, unless sold out prior. QantasLink chief executive Rachel Yangoyan said the company was proud to be supporting WA's resource and tourism sector. 'These direct services will not only boost inbound visitors to WA but offer more opportunities for those working in the resource sectors across the country with improved options for their travel,' she said.

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