Australian Shares Fall; Shareholders, Others Urge APA Group to Disclose Viability of Proposed Northern Territory Gas Pipeline

MT Newswires Live10-22 13:40

Australian shares closed lower on Thursday amid a broad-based sell-off in Asian shares.

The S&P/ASX 200 Index fell 0.43% or 38.10 points to close at 8,793.20.

The index was weighed down by the consumer durables sector, which fell more than 4% in the day.

In corporate news, over 115 shareholders, economists, and US and Norwegian pension funds called on APA Group (ASX:APA) to disclose the viability of its planned gas pipeline enabling Beetaloo Basin gas extraction in the Northern Territory amid declining gas demand.

CSL (ASX:CSL) appointed Deborah Waterhouse as chief executive, effective Feb. 1, 2027.

TPG Telecom-owned (ASX:TPG) Vodafone has accused rival Aussie Broadband (ASX:ABB), saying the carrier handled nearly every scam call that reached Vodafone customers over a 12-month period, according to a Thursday report by ABC.

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