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Santos cuts its losses

Adelaide headquartered oil and gas producer Santos has reported a full-year loss of $US360 million ($A456.8 million) due to impairments on its Gladstone LNG project in Queensland and other assets recorded in the first half of 2017.

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“Brothers Anton and Carlo Andreacchio's exploration of the world of virtual reality - including projects with the ASO, AFL and film company Closer Productions - has led to a burgeoning national business.”
Joshua Fanning / CityMag comments in

Building a business in virtual reality

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Murdoch insists Disney deal is a "pivot", not a retreat

UPDATED | Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox for $US52.4 billion ($A73.4 billion) in stock, giving the world's largest entertainment company an arsenal of shows and movies to combat digital rivals Netflix and Amazon.

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Australian homes are shrinking - but not in SA

New homes built in South Australia in the past year were the second largest in the country, driven by a nation-leading increase in the size of apartments, according to a new analysis of housing data.