Download IPFS Adani’s Australian mining operations have come under renewed scrutiny after revelations that the company has not paid any corporate tax since beginning coal production in Queensland over three years ago. Despite pledging more than $22 billion in taxes and royalties over the project’s lifespan, Adani’s Australian entities continue[Read More…]

Download IPFS Three major Australian banks, Westpac, ANZ, and Bendigo Bank, have agreed to refund nearly $60 million to customers who were unfairly charged account-keeping fees. The refunds come after an investigation by the Australian Securities and Investments Commission (ASIC), which found the banks failed to adequately support low-income customers,[Read More…]

Download IPFS Proposed reforms to New South Wales’ workers’ compensation scheme have sparked strong opposition from unions, educators, and legal organisations, who argue the changes could unfairly limit workers’ access to mental health claims. The Minns Labor government aims to tighten eligibility for psychological injury claims and reduce access to[Read More…]

Download IPFS Global payment processors Visa and Mastercard are facing scrutiny after independent gaming platforms Steam and Itch.io removed hundreds of adult-themed games from their services. The action followed pressure from financial providers in response to a campaign led by the Australian anti-porn advocacy group Collective Shout. Earlier this month,[Read More…]

Download IPFS New analysis from health directory Cleanbill forecasts a 55 percent rise in bulk billing clinics across Australia, with 740 new centres expected nationwide. Bulk billing (BB) refers to medical clinics that bill the government directly for patient visits, allowing patients to avoid out-of-pocket expenses. This growth comes as[Read More…]

Download IPFS Global investment firm Kohlberg Kravis Roberts (KKR) has made a bold move into Australia’s renewable energy sector with a $500 million investment in CleanPeak Energy, a Sydney-based company specialising in solar generation and battery storage. The deal marks a significant endorsement of the future of decentralised clean energy[Read More…]

Download IPFS The Australian Securities Exchange 200 Index (ASX 200) saw a significant boost this week, led by energy shares rallying on the back of renewed trade momentum with the United States. Investor sentiment surged as newly confirmed trade deals between the US and key Asia-Pacific partners signaled stronger demand[Read More…]

Download IPFS Australia’s government-owned green bank, the Clean Energy Finance Corporation (CEFC), posted a record year of investment in renewable projects and infrastructure. However, its leadership warns that the country remains behind the pace required to meet broader energy development goals, amid continued economic and regulatory hurdles. In the 2023–24[Read More…]