Australia news live: ex-NSW premier Nick Greiner to chair new committee overseeing state Liberal branch as federal intervention extended

Follow today’s news liveDonald Trump leaving G7 summit early, snubbing planned meeting with Anthony AlbaneseGet our breaking news email, free app or daily news podcastSouth Australia says support for Santos takeover bid will be contingent on ‘the state’s best interest’Santos, Australia’s second-largest gas producer, has early backing from its board for a $30bn takeover bid by a consortium led by the Abu Dhabi National Oil Company. Shares in the oil and gas giant have soared on the news, but the deal may depend on winning over a state government, AAP reports.Any judgments we make regarding this process will be made in the state’s best interests. Continue reading...

Australia news live: ex-NSW premier Nick Greiner to chair new committee overseeing state Liberal branch as federal intervention extended

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South Australia says support for Santos takeover bid will be contingent on ‘the state’s best interest’

Santos, Australia’s second-largest gas producer, has early backing from its board for a $30bn takeover bid by a consortium led by the Abu Dhabi National Oil Company. Shares in the oil and gas giant have soared on the news, but the deal may depend on winning over a state government, AAP reports.

Any judgments we make regarding this process will be made in the state’s best interests. Continue reading...