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$13.6m in penalties handed down for false R&D claims

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The Federal Court of Australia has today handed down a judgement against Sydney business coach, Julian Bakarich, his company co-director and former tax agent Thi Cam Tu Nguyen, and their related entities, The Dream Consortium Pty Ltd (TDC) and The Dream Accountants Pty Ltd (TDA), ordering $13.6 million in penalties to be paid for breaches … Continued

Media release: Benzina Zero signs international partnership agreement with Beam Global

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Benzina Zero signs international partnership agreement with Beam Global   Key points: Benzina Zero’s rugged e-mopeds and scooters are integrated into Beam Global’s BeamWell™ desalination and delivery platform to provide clean water in regional and remote communities as well as global crisis zones Benzina Zero to market Beam Global’s products in Australia and Italy representing … Continued

Avoid tragedy before you back out these summer holidays

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Almost every week a child is seriously injured due to driveway run-over incidents every year in Australia, and tragically seven children are killed a year on average, prompting a reminder about the importance of driveway safety ahead of school holidays this summer. Taking an extra few minutes before you back out on your way to … Continued

Statement on Tim Pallas’ resignation

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The Victorian Chamber of Commerce and Industry extends our gratitude and appreciation to Tim Pallas MP for his contribution to Victoria’s business and economic landscape following the announcement of his retirement as Victorian Treasurer, Minister for Industrial Relations, Minister for Economic Growth and Member for Werribee. Mr Pallas has served as Treasurer for a decade … Continued

GLAS Completes Its Acquisition of Singaporean Corporate, Trust and Funds Service Provider, WATIGA

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SINGAPORE–BUSINESS WIRE– The Global Loan Agency Services Group (“GLAS”) is delighted to confirm the successful completion of its acquisition of Watiga Trust and Watiga Asia (collectively, “Watiga”). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241215004425/en/ GLAS completes its acquisition of Singaporean corporate, trust and funds service provider, WATIGA (Graphic: Business Wire) The … Continued

Weather worries weighs on Victoria’s farm sector

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Weather worries weighs on Victoria’s farm sector   Results at a glance: Victorian farmer sentiment edged down this quarter – the third consecutive reading in “negative territory”.   Drought conditions are increasingly weighing on confidence, with more than half of farmers surveyed expecting conditions to worsen. Confidence was strongest amongst the state’s sheep producers, albeit … Continued

Dry spring drives dip in NSW farmer sentiment

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Dry spring drives dip in NSW farmer sentiment     Results at a glance: Confidence levels amongst NSW farmers eased back this quarter, driven by increasing concerns about weather conditions off the back of a dry spring. South Coast/Southern Highlands-based farmers took the biggest hit in confidence, followed by Riverina-based farmers. Confidence was down across … Continued

ISPT JOINS IFM INVESTORS, ADDING REAL ESTATE ASSET CLASS TO IFM PLATFORM

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Leading Australian property funds manager ISPT has joined global private markets manager IFM Investors following the successful completion of a transaction to bring together the two Australian industry superannuation-owned businesses.   Following a process of detailed engagement with IFM Investors and ISPT shareholders, IFM Investors put forward a binding offer of transaction terms which was … Continued

Australian Venture Builder Hampton Capital Wins Coveted UNSW Innovation Funding

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SYDNEY, Australia, Dec. 15, 2024 (GLOBE NEWSWIRE) — Hampton Capital Asset Management is proud to announce its appointment and selection for the UNSW TRaCE (Translational Research and Commercialisation Experience) Venture Funding Programme, a pioneering initiative designed to accelerate high-potential startups from research labs to market. The $280 million TRaCE programme, established by the University of … Continued