Financial Services AU

  • April 10, 2026

    Australia Seeks Tighter Gains Tax On Foreign Residents

    Australia is looking to tighten its capital gains tax on taxpayers who reside abroad by expanding the base with regard to real property, the country's Treasury Department said in a consultation.

  • April 09, 2026

    Australian Court Affirms India's Immunity In $112M Award Suit

    Australia's highest court has upheld that India has sovereign immunity in an enforcement case involving a $112 million arbitral award issued in a dispute over a terminated deal to deliver communications services in the country.

  • April 09, 2026

    FanDuel's Former CLO Goes To Fintech Startup Airwallex

    Australia-based financial technology startup Airwallex will continue its expansion into the U.S. market next week as the company welcomes the former chief legal officer of FanDuel as its new compliance officer.

  • April 07, 2026

    Firmus Unveils $505M Deal To Fund Australia AI Projects

    Data center builder Firmus is anticipating a $505 million investment from technology investor Coatue and technology company NVIDIA for the funding of its AI projects in Australia, Firmus has announced.

  • March 24, 2026

    EU, Australia Reach Major Free Trade Deal, Cut Tariffs

    The European Union and Australia on Tuesday agreed to terms of a free trade deal that would nearly zero out tariffs on trade between them following eight years of negotiations.

  • March 17, 2026

    Australian Trust Anchors $330M For Nuveen Retail Fund

    Investment manager Nuveen Real Estate said Tuesday that it has raised $330 million for a fund targeting grocery-anchored neighborhood retail properties with an anchor commitment from three Australian superannuation funds.

  • March 16, 2026

    Australian Legal AI Startup MiAI Launches With Initial Capital

    A technology startup in Australia aiming to grow its legal artificial intelligence reasoning system officially launched Monday after what it described as successful beta tests with law firms.

  • March 16, 2026

    Gov't Warned Against Mirroring Australian Pensions System

    The government should think twice before trying to replicate the Australian model of pension funds investing heavily in domestic assets without allowing the market to develop, a report published Monday found.

  • February 26, 2026

    BlueScope Turns $11B Bid Down But Still Open To Talks

    Australia's BlueScope Steel Ltd. on Thursday said a revised roughly AU$15 billion ($11 billion) takeover proposal from SGH Ltd. and Steel Dynamics Inc. does not adequately reflect the company's valuation, but it remains open to further discussions.

  • February 24, 2026

    Zurich Insurance To Buy Australia's ClearView For $293M

    Australian life insurer ClearView Wealth Ltd. said Tuesday that it has agreed to be bought by Europe's Zurich Insurance Group Ltd. for 415 million Australian dollars ($293 million) in a deal that will consolidate the domestic sector.

  • February 20, 2026

    HSF Kramer-Led Swiss Re To Buy QBE Business Segment

    Swiss Re Group said Friday its commercial insurance division has agreed to acquire the global trade credit and surety business of Australia's QBE Insurance Group, to satisfy growing demand for its risk management services.

  • February 18, 2026

    BlueScope Gets $11B 'Final' Bid From SGH, Steel Dynamics

    Australia's BlueScope Steel Ltd. said Wednesday it is reviewing a revised, unsolicited buyout bid from SGH Ltd. and Steel Dynamics Inc. worth $11 billion. 

  • December 23, 2025

    Partnership Targets $9.4B Data Center Spend In Europe

    The Canada Pension Plan Investment Board and Australia-based infrastructure firm Goodman Group said they have struck a deal to develop data centers in Europe, beginning with a $2.6 billion plan to build projects in Amsterdam, Paris and Frankfurt.

  • December 12, 2025

    Reddit Fights Australia's Social Media Ban For Kids Under 16

    Global online discussion forum Reddit on Thursday launched a legal challenge to Australia's first-of-its-kind law prohibiting children under 16 from creating accounts on nearly a dozen popular social media platforms, telling the country's top court that the measure illegally restrains minors' political communications and that there are "less restrictive" ways to protect kids online.

  • December 11, 2025

    Sembcorp Entering Australia With $4.3B Alinta Energy Deal

    Singapore's Sembcorp Industries said Thursday it has agreed to acquire Alinta Energy, marking the company's entry into the Australian power market, through a deal valued at AU$6.5 billion, or about $4.3 billion, including debt. 

  • December 10, 2025

    Ventilation Biz Volution To Acquire Aussie Rival For $119M

    British ventilation business Volution Group PLC said Wednesday that it has agreed to acquire Australia-based underground ventilation specialist AC Industries for up to AU$178.9 million ($119 million).

  • December 09, 2025

    King & Wood Mallesons To Break Up 14 Years After Merger

    King & Wood Mallesons' partnerships in China and Australia said Tuesday that they are separating, after operating under the same banner for more than a decade.

  • June 24, 2025

    Australian Legal AI Co. Mary Technology Raises $1.7M

    Sydney-based Mary Technology, a company that provides artificial intelligence-powered legal document management software, recently wrapped up a AU$2.7 million ($1.7 million) round of pre-seed funding, following an extension backed entirely by existing investors, the startup's chief executive has announced.

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