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BUSINESS22h agoAnthropic explores Australia expansion with focus on regional data center sites - reportAnthropic is reportedly considering expanding into Australia, focusing on establishing regional data center sites. This indicates potential growth for the company and investment in Australia's technology infrastructure.Seeking Alpha Tech
BUSINESS1d agoNot just about tax: why Australia’s tech entrepreneurs are moving to SingaporeInvestor Ben Lindsay relocated with his wife, dog in tow, from Sydney to Singapore in March, with his sights set on growing venture capital firm Investible from an Australian outfit into an Asia-Pacific one. Lindsay is among a growing number of investors, businessmen and tech founders from down under who are setting up bases and relocating to Singapore, Dubai and San Francisco to expand their company’s reach. Adrian Portelli, founder of savings and rewards platform LMCT+, announced on social...South China Morning Post
BUSINESS4d agoAdidas sues Australian label White Fox over ‘deceptively similar’ four stripes designAdidas alleges White Fox has ‘intention to trade off our reputation’The Independent World
BUSINESS5d agoAustralian data centre operator pulls $5bn IPONvidia-backed Firmus abandons plan to list in Sydney, blaming ‘recent market volatility and prevailing market conditions’Financial Times
BUSINESS5d agoNvidia-backed Firmus delaying planned Australia IPO - BloombergFirmus, a company backed by Nvidia, is reportedly delaying its planned IPO in Australia according to Bloomberg. This indicates a change in the company's financial strategy or market conditions.Seeking Alpha Tech
BUSINESS5d agoAdidas sues Australian label White Fox over four stripes designThe German sportswear brand wants the Sydney-based label to stop selling the clothes and pay damages.BBC World
BUSINESSOct 7BHP sells shuttered Kambalda nickel plant in Australia to Gold FieldsBHP has sold its closed Kambalda nickel plant in Australia to Gold Fields. This represents a notable business transaction in the mining industry.Seeking Alpha Tech
BUSINESSOct 6Canadian Solar to supply 100 MW battery system in AustraliaCanadian Solar will supply a 100 MW battery system in Australia. This indicates a business transaction involving renewable energy infrastructure.Seeking Alpha Tech
BUSINESSOct 5Japan, Australia boost economic security ties with finance dialogueJapan ⁠and Australia ⁠have agreed to establish an ⁠annual finance ministers’ dialogue aimed at deepening cooperation in financial and economic policy, as well as strengthening bilateral collaboration on economic security. Under ‌a memorandum of understanding signed on Monday that is effective for five years, the two countries’ finance ministers will meet regularly to promote cooperation across a broad range of economic themes. “Recognising ⁠that Japan and Australia’s economic and security...South China Morning Post
BUSINESSOct 5Australia’s private sector growth cools to 3-month low as inflation pressures easeAustralia's private sector growth has slowed to a three-month low, correlating with an easing of inflation pressures. This suggests a shift in the nation's economic conditions.Seeking Alpha Tech
BUSINESSOct 4Would slashing migration tank the economy or reset Australia’s living standards? Canada may offer cluesAnnual population growth for the North American nation has slowed to just 0.5% – and the economy is ‘adjusting’Get our breaking news email, free app or daily news podcastWould slashing net overseas migration “trash the economy” or deliver the necessary population “reset” to restore Australia’s stagnant living standards?Labor and an ascendant One Nation have presented starkly different visions of what a migration program in the national interest looks like. Continue reading...Guardian World
BUSINESSOct 2The 'fantasy' underpinning Australia's rosy power supply forecastsHistorically, forecasting power reliability was a sober task. Experts say Australia is now counting on projects that will never be built.nzcity · new zealand
BUSINESSOct 2Australia’s News Media Bargaining Code: Second Movement and AI CodaThe issue of large international internet platforms compensating Australian copyright holders for use of their copyrighted material has not gone away. The post Australia’s News Media Bargaining Code: Second Movement and AI Coda appeared first on American Enterprise Institute - AEI.AEI
BUSINESSOct 2Gas prices : The US - Iran war is making Australia gas industry richerThe ongoing conflict between the US and Iran is reportedly increasing the profitability of Australia's gas industry. This highlights the economic repercussions of international geopolitical tensions on global energy markets.smh.com.au · Australia
BUSINESSOct 1Wavemaker expands South Australian Tourism Commission partnership with Destination media winWavemaker is expanding its partnership with the South Australian Tourism Commission through a new media win. This indicates a business growth and collaboration in the tourism sector.campaignbrief.com · Australia
BUSINESSOct 1KPMG general counsel exits after Australia whistleblower scandalRetirement of Anne Collins comes as part of a wider leadership transition at the Big Four firm’s global headquartersFinancial Times
BUSINESSOct 1Asian markets trade mixed amid rebound in oil prices; Australian trade and PMI slumpSeeking Alpha Tech
BUSINESSOct 1Australia's manufacturing PMI contracts to 49.6 in September, sharpest fall in 21 monthsAustralia's manufacturing Purchasing Managers' Index (PMI) contracted to 49.6 in September, marking its sharpest fall in 21 months. This indicates a notable downturn in the manufacturing sector.Seeking Alpha Tech
BUSINESSOct 1Australia posts smallest trade surplus since May as import growth outpaces exportsAustralia has recorded its smallest trade surplus since May, as the growth of imports has exceeded that of exports. This indicates a shift in the country's trade balance.Seeking Alpha Tech
BUSINESSOct 1Australia’s card surcharge ban forces cafes, shops into price increasesRoss Surace is preparing to raise the price of a coffee by 50 Australian cents and a panini by A$1 (US$0.70) when the country bans credit card surcharge fees starting on Thursday. The co-owner of Lennox Street Deli in Melbourne’s Moonee Ponds neighbourhood said bank-imposed card fees already cost his business more than A$1,000 (US$690) a week, even after the cafe recoups some of the expense by adding a 1.9 per cent surcharge to customers’ card payments. Once that option disappears, Surace...South China Morning Post
BUSINESSSep 30Australia's August inflation rises to 4.0%, slightly below expectationsAustralia's inflation rate for August increased to 4.0%, which was slightly lower than anticipated.Seeking Alpha Tech
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BUSINESSSep 29Australia raises interest rates to 15-year highReserve Bank of Australia lifts benchmark rate to 4.6 percent amid stubborn inflation.Al Jazeera [en]
BUSINESSSep 29Laser Clinics Australia : Private equity giant KKR faces financial pressure as lenders mark down debtPrivate equity firm KKR is reportedly facing financial pressure related to its investment in Laser Clinics Australia, as lenders have marked down the associated debt. This highlights challenges in private equity investments and debt markets.afr.com · Australia
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