Australia Financial News

Decades old private correspondence between Lang Hancock and his daughter Gina Rinehart have shed new light on their bitter relationship breakdown, with the mining pioneer accusing his only child of prompting him to sign a legal document under duress.

World Cup 2023. Kohli, who was awarded as the World's Cup Player of the Tournament, has jumped from the fourth position to the third. The star batter shined with 765 runs and three centuries during the tournament.

Jeremy Hunt (pictured) prepares to deliver his Autumn Statement | Copyright: HM Treasury

Mukesh Kumar, who made his international debut across all formats earlier this year during the West Indies tour, has set his sights on a long stint with the Indian team starting with the upcoming T20I series against Australia. New-look India will clash against Australia in a five-match T20I series starting on Thursday here, which will give both these rivals a good run in the format given that the next T20 World Cup is about seven months away. The 30-year-old Mukesh is determined to make the opportunity count as he looks to build on his success earned in the domestic circuit and the Indian Premier League, which led to his national call-up.

Rajasthan Royals (RR) from Lucknow Super Giants (LSG), who has acquired the services of top-order left-handed batter Devdutt Padikkal in a direct swap ahead of next year's Indian Premier League. Avesh, who is part of the India squad for the T20I series against Australia beginning in Visakhapatnam on Thursday, has 55 wickets from 47 IPL matches so far. Avesh was purchased by LSG 2022 mega auction for Rs 10 crore.

Chancellor Jeremy Hunt (pictured) prepares for the Autumn Statement. Photo: HM Treasury

Failed cancer care provider GenesisCare, which entered Chapter 11 in June, says its lender group has extended up to $US68 million ($104 million) in new financing to help keep the business running as it aims to emerge from bankruptcy protection in January.

New Zealand-based crypto exchange Easy Crypto and Australian blockchain firm Labrys launched a new NZ dollar-pegged stablecoin on Wednesday.

Kayla Itsines and Tobi Pearce have sensationally bought back Sweat, the fitness app they founded in 2015 and sold at the height of the pandemic in a $US150 million deal.

Australia’s richest person Gina Rinehart has called on the mining sector to push its own workers and advocates into parliament, so they can tear up environmental regulation she warns is jeopardising the industry’s ability to maintain its current levels of production.

The Socceroos’ FIFA Men’s World Cup success and the rising popularity of the Matildas generated a 48 per cent increase in revenue during the last financial year for the governing body, Football Australia.

Australia's World Cup winners have been denied a full-scale heroes' welcome home by a packed cricket schedule that sees them face India on Thursday at the start of a Twenty20 series, four days after meeting in the one-day final. The stunning six-wicket victory on Sunday, against previously unbeaten India in front of nearly 100,000 partisan fans in Ahmedabad, saw Australia lift the ODI World Cup for the sixth time. But celebrations had to be scaled back by the demands of the international cricket calendar. Seven members of the triumphant ODI squad will remain for the five-match T20 series including Glenn Maxwell, Steve Smith and Travis Head, who scored a century in the final. That meant a low-key return for the rest of the one-day squad as they flew home in dribs and drabs, with smiling skipper Pat Cummins among those landing in Australia on Wednesday. It was a far cry from some of the raucous ticker-tape parades enjoyed by victorious Australian cricket teams of yesteryear. «We've all split off our own different ways, there's T20s coming up, some guys are on aeroplanes at the moment getting home as well,» wicketkeeper-batsman Alex Carey told reporters on arrival home in Adelaide. He added: «It's probably pretty odd scheduling now that you look at it, to win a World Cup and a few days later you're playing again.» India have named an almost completely different squad for the series, which starts in Visakhapatnam and then goes to four different venues, concluding in Bengaluru on December 3. Suryakumar Yadav will captain for the first time, in the absence of Rohit Sharma, and is one of only three players retained from India's World Cup squad. Former England skipper Michael Vaughan was much less diplomatic than Carey

Kyle Sandilands and Jackie Henderson have officially signed a 10-year extension to their contract with ASX-listed media company ARN Media, in a deal that gives them a percentage of extra revenue and millions of shares as a bonus.

Infant formula player Bubs Australia is trying to raise $28 million to fund its US market expansion to help meet growing demand for its products from retail shelves and Amazon.

Infant milk products business Bubs Australia is ready to put its boardroom drama behind it and focus on US growth.

Law firm clients want to see partners doing legal work on deals, not just “turning up for closing dinners”, says new Hamilton Locke partner hire Andrew Vincent.

Chris Ellison’s Mineral Resources will pay just $260 million to complete the acquisition of one of Australia’s few operating lithium mines in Western Australia’s exploration heartland.

Santos chief executive Kevin Gallagher says he is “very frustrated” at how undervalued the share price is by the market as he concedes legal delays at the $5.8 billion Barossa project in the Timor Sea are a big worry for investors.

A $3.75 billion deal for pharmaceutical and animal goods distributor EBOS to buy pet food and veterinary business Greencross has collapsed at the last minute after tepid investor support for funding the acquisition.

British hedge fund Bell Rock Capital Management did not meet the disclosure standards required by Australian investment laws during its activist campaign against Whitehaven Coal, according to the Takeovers Panel.

The corporate regulator stands ready to wield a new rule-making power over the ASX, to ensure its second attempt to rebuild CHESS is pro-competition by allowing new entrants seeking to offer similar post-trading services to directly plug into the new clearing and settlement system.