Good morning, Woodside Energy boss Meg O'Neill says "wishful thinking" has guided nearly all of the federal government’s energy policy as global LNG players warn that Labor must deliver on its commitment to gas or risk seeing investment flow overseas. Inflation and rising energy costs have hit Telstra hard and affected its ability to meet financial targets, with the telco giant announcing plans to cut 2800 jobs from its global workforce in a bid to make $350m in savings. American aluminium giant Alcoa has altered its takeover deal for Australian bauxite and alumina group Alumina to allow a Chinese state-owned entity to convert future shares into non-voting rights to satisfy US regulations. |