Australia Financial News

Octopus Investments Australia, a renewables player backed by superannuation big-wigs Hostplus and Rest Super, has acquired Queensland’s largest proposed battery project, which is expected to have an $800 million enterprise valuation when it is up and running.

The internal dissent within Airwallex was so intense that senior executives at the global payments giant had to acknowledge the issues in an all-staff meeting at its Melbourne office following an anonymous review that called it “the first company to make me believe suicide is the best course of action”.

Complementary medicines and dietary supplements are becoming more advanced and increasingly formulated to meet specific health goals, leading Australians to better recognise the role they can play in supporting wellbeing challenges and improving overall health.

Adani Wind, the wind energy solutions division of Adani New Industries (ANIL), plans to invest ₹2,000 crore in setting up 5 GW (giga watt) capacity in five years, a senior company official told ET. Thereafter, the capacity would be scaled up to 10 GW in another two years, by 2030. «We will be expanding our capacity in four phases.

Cryptocurrency assets experienced inflows for the first time in six weeks from Sept. 22 to 28, according to the latest Digital Asset Fund Flows Weekly Report from European digital assets management firm CoinShares.

cricket and a chance to show how the 50-over game has evolved since India last staged the tournament in 2011. One of the criticisms of ODIs, once the economic driving force of the global game, is that they are too often reduced to ‘meaningless’ bilateral series. The format is also viewed as too pedestrian in the slipstream of the high velocity, smash-and-grab T20 format. “The ODI has been reduced to virtually depending on a World Cup year for its importance,” wrote former Australia captain Ian Chappell in a recent ESPNCricinfo column. Meanwhile, India great Sachin Tendulkar, a 2011 World Cup winner, believes the format is now too formulaic.

The Treasurer’s office raised no objection to extending the competition watchdog’s monitoring of price gouging by airlines, but said Transport Minister Catherine King would need to determine it is a priority.

Mid-tier stockbroker Shaw and Partners is on a hiring spree, adding to its research and equity capital markets teams.

The chief executive of Racing Queensland suggested a bookmaker’s delay in processing the record payout on the NRL grand final could benefit the company because fewer people would likely withdraw from their accounts.

Palm Tree Music Festival 2024 is set to return to Aspen, Colorado, early next year. The line-up includes Kygo, David Guetta, The Chainsmokers, Labrinth, DRAMA, and Harry Hudson. This two-day event will take place on February 23-24, 2024, at Rio Grande Park in Aspen. Tickets for the festival will be available for purchase starting on October 5, 2023. The festival is organized by Belly Up Aspen, C3 Presents, and Kygo's Palm Tree Crew. Last February, the event marked its debut in Aspen, having previously been held in The Hamptons, Southern California, Egypt, and Australia. Kygo, one of the festival's co-founders, expressed his enthusiasm for returning to Aspen. He stated, «I am so excited to bring Palm Tree Festival back to Aspen for its second year. We are building something special in the city of Aspen, and I can't wait to continue year after year.» Myles Shear, Kygo's manager and co-founder of Palm Tree Crew, highlighted the success of the previous year's festival. He said, «We made history last year launching the Palm Tree Music Festival in Aspen during the peak of winter season. Now, here we are a second time, and we are stoked to bring this event back to downtown Aspen.» David and Danny Goldberg, the organizers behind Belly Up Aspen, expressed their gratitude for the support they received during the inaugural festival. They added, «We are proud and humbled by the incredible feedback and support we received from the inaugural festival. We are grateful to be working alongside our partners C3 Presents and Palm Tree Crew and are thrilled to bring this incredible event back to Aspen in 2024.»

By Rishav Chatterjee

world cup fame, Sachin Tendulkar to be the "ICC Global Ambassador for Men’s Cricket World Cup 2023." Tendulkar will walk out with the Men’s Cricket World Cup Trophy before the opening match at the Narendra Modi Stadium in Ahmedabad, declaring the tournament open, ICC said. «It’s a real honour to have Sachin as our Global Ambassador as we celebrate the one-day game and get set for what we know is going to be the biggest Men’s Cricket World Cup ever,» said Claire Furlong, ICC General Manager, Marketing & Communications. The Indian legend said that world cups have always held a special place in his heart and he hopes that this edition will inspire youngsters across country to pick up sports and represent their countries.

Champions League away game of the season, as Mikel Arteta's side travels to Lens on October 3. After a stellar 4-0 home victory against Dutch giants PSV Eindhoven last month, the Gunners aim to continue their impressive form in Europe's premier club competition. However, the busy match schedule poses a challenge for Arteta, as he strives to maintain a balanced squad for various competitions. Here's what you need to know ahead of this crucial match. Kickoff Time and Viewing Information The Lens vs. Arsenal clash will take place at the Stade Bollaert-Delelis in Lens, France, and is scheduled to kick off on Tuesday, October 3, at 9:00 p.m. local time. For viewers around the world, here are the corresponding kickoff times:

ALSO READ: India vs. Netherlands Warm Up Match: When and where to watch; Weather forecast, pitch report,The and more Usama Mir picked two wickets for Pakistan, and Mohammad Nawaz took one.

Gas producers warn the Albanese government is ignoring major Asian trading partners’ increasing demand for LNG, with a discussion paper that makes reducing demand faster than supply will fall the centrepiece of its strategy during the energy transition.

PwC Australia’s big four rivals KPMG, EY and Deloitte say they already have superior governance structures in place and do not need to emulate the sweeping reforms at the embattled firm following its tax leaks scandal.

Squadron Energy, the private renewable generation group controlled by the billionaire Forrest family, has recorded its first sales but slumped to a $220 million loss after the $4.2 billion purchase of CWP Renewables.

Here we go again!

PwC Australia has installed six new industry leaders via a merit-based appointment process, as its chief executive, Kevin Burrowes, moves to put an end to the previous practice where the CEO had almost complete authority to make key appointments.

An expert in the management of professional service firms says many of the recommendations of the governance report into PwC Australia are for practices that are already mandated in the UK for the big four consulting firms.

VHM Limited, a rare earths developer backed by mining billionaire Chris Ellison, has missed a third deadline to sign a deal for the sale of the majority of its products to Chinese giant Shenghe Resources.