News

Caltex confirms interest in Woolworths’ fuel business

Caltex this week confirmed it had made a “conditional and confidential” proposal to Woolworths to acquire its fuel business and maintain the companies’ successful fuel alliance. Caltex is currently the exclusive supplier of petrol and diesel to Woolworths with annual sales volumes of around 3.5 billion litres. As the sale …

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ACCC advises franchising industry to consider its agreements

The Australian Competition and Consumer Commission is warning franchisors about potentially unfair contract terms under a new law offering greater protections to small businesses from November 12, 2016. ACCC Deputy Chair Dr Michael Schaper outlined the ACCC’s findings following a review that identified a number of problematic terms that appear …

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BP decides against Great Australian Bight exploration

BP has determined that its exploration drilling program in the Great Australian Bight (GAB), offshore South Australia, will not be able to compete for capital investment with other upstream opportunities in its global portfolio in the foreseeable future. The decision follows the review and refresh of BP’s upstream strategy earlier …

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Retailers call for assistance with protecting migrant workers

The National Retailers Association has called on the newly formed Migrant Worker Taskforce to present proposals that assist small business to protect migrant workers from exploitation. Federal Minister for Employment Senator Michaelia Cash announced the taskforce on Tuesday, naming Professor Allan Fels as its chair. The taskforce will provide advice …

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