The Australian regulator says private credit is a positive for the economy, but ‘only if done well’.
Scheme gave residency to people prepared to invest at least A$5m in Australia but has been criticised for also enabling criminals to park money.
Production of lithium and nickel have ramped up in anticipation of EV demand, but EV industry growth is lagging behind.
Penta Capital’s website made false claims about its assets, affiliations, and history, according to ASIC.
Pure Asset Management sees a major opportunity in the UK, where the buy-now-pay-later market is not as mature as in Australasia.
Engineering company has made three ASX announcements on the issue since December 27 and ‘strongly disputes’ an adverse arbitration decision.
Strong performance in the core Australasian markets is funding international expansion which is weighing on the bottom line
Australia is at an early point in a decades-long programme to build up its Navy and is experiencing some unwelcome hiccups.
Monthly inflation has almost halved since December 2022.
Port operator DP World, rumoured to have ambitions on Ports of Auckland, is set to escalate its dispute with Australian unions.