Queensland’s state government is selling half its stake in Aurizon Holdings Ltd., Australia’s biggest transporter of coal by rail, for about A$806 million ($839 million) to pay down debt, the Treasurer said.
Infigen Energy’s decision to abandon a plan to sell its U.S. wind energy business after failing to attract high enough bids may weaken confidence in the power producer as it seeks to grow in Australia, analysts said.
Australian Prime Minister Julia Gillard’s government should keep out of disputes about wages and job security that have disrupted Qantas Airways Ltd. flights and BHP Billiton Ltd. mining, the nation’s top union leader said.
The following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed. All prices are from yesterday’s close unless otherwise stated.