Australian business conditions reach all-time highs in May
Australian business conditions continued to build in May according to National Australia Bank’s (NAB) index, in a sign that the economy has the momentum to cope with a COVID-19 lockdown in Victoria.
NAB’s index of business conditions climbed 5 points to...
Q1 Australian business investment sees biggest growth in a decade
The Australian economy has received a boost in the form of better-than-expected capital expenditure figures for the first quarter, as businesses took advantage of tax breaks to buy new machinery.
The Australian Bureau of Statistics revealed today that total business spending...
Australian government agrees to extend junior miners tax incentives programme
The Australian Government has announced that it will contribute A$100 million to extend the Junior Minerals Exploration Incentive four more years.
The programme seeks to assist eligible junior mining companies access tax incentives to attract new investors. To date, the Junior...
Aurora Healthcare and Australian Venue Co. preparing IPOs on ASX
Private hospital business Aurora Healthcare Australia and pub operator Australian Venue Co. are the two latest companies seeking to list on the ASX, as Sydney’s IPO market continues to gain traction.
Aurora Healthcare’s IPO could raise as much as A$414.8 million according...
Orocobre’s $1.78 billion deal for Galaxy Resources creates 5th largest global lithium miner
Australia’s Orocobre has announced an all-stock deal for smaller domestic peer Galaxy Resources worth A$1.78 billion, creating the world’s fifth most valuable lithium producer by market capitalisation.
The merger will also establish the most valuable lithium stock on the ASX, with...
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