The landscape of Australian mergers and acquisitions (M&A) is undergoing a significant transformation as the Albanese government unveils plans to tighten regulations. Treasurer Jim Chalmers is set to announce measures aimed at empowering the Australian Competition and Consumer Commission (ACCC) and enhancing oversight over proposed takeover deals. Under these new regulations, businesses could face fees of up to $100,000 and will be obligated to notify the ACCC of their M&A transactions. The proposed reforms signify a proactive effort by the government to fortify competition and produc ..read more

In today’s digital age, data is more than just a buzzword; it’s a fundamental asset driving businesses forward. Ali Noorani understands the importance of data analytics and is the driving force behind AMZ Consulting. With an interesting journey from mechanical engineering to becoming a Microsoft Certified Trainer and an esteemed figure in the field of data analytics, Ali Noorani’s expertise is one of the best in the field.  At AMZ Consulting, Ali brings over 13 years of experience in data analytics and training to the forefront. His tenure as the Business Intelligence Lead at Oil Search ..read more

Victorian Energy Minister Lily D’Ambrosio has ignited a political spat with her federal Labor counterpart, Resources Minister Madeleine King, following warnings of potential gas supply shortages and subsequent price hikes for households. The verbal clash unfolded in the wake of the Australian Competition and Consumer Commission’s (ACCC) recent gas report, which painted a concerning picture of looming shortages in LNG supplies across Australia’s eastern states during the colder months of July, August, and September. D’Ambrosio’s accusation that King’s remarks resembled those of a Coalition min ..read more

In a bid to promote a healthier lifestyle among Australians, AUSactive, a leading fitness body, has made a compelling recommendation: health-conscious Aussies should be entitled to claim a tax deduction for their gym memberships. The proposition, outlined in a pre-budget submission, aims to leverage the significant health benefits associated with increased physical activity while addressing the financial barriers that often deter individuals from pursuing regular exercise routines. The rationale behind this recommendation stems from compelling data indicating that a substantial proportion of ..read more

Victorian Energy Minister Lily D’Ambrosio has taken aim at her federal Labor colleague, Resources Minister Madeleine King, accusing her of adopting a stance more akin to that of a Coalition minister. This rebuke comes in response to King’s warning that households should brace themselves for higher gas bills due to supply shortages in the state. The clash of opinions between the two Labor ministers stems from the release of the Australian Competition and Consumer Commission’s (ACCC) latest gas report, which painted a picture of looming supply shortfalls in the eastern states, particularly duri ..read more

Former Australian foreign minister Julie Bishop has taken on a new role as the special envoy for Myanmar, appointed by the United Nations Secretary-General, Antonio Guterres. This appointment comes at a critical juncture for Myanmar, which has been grappling with escalating violence and unrest following a military coup three years ago. Julie Bishop brings with her a wealth of experience and diplomatic acumen, having served in various cabinet positions during her distinguished political career in Australia before retiring in 2019. Her appointment signals a significant effort by the internation ..read more

Australian shares closed the week on a somber note as the benchmark index, the S&P/ASX200, extended its losses on Friday, largely driven by a sell-off in technology and material stocks. The index slipped by 0.6 per cent to 7773.3 at the closing bell, marking a continuation of the downward trend witnessed throughout the week. In tandem with this decline, the broader All Ordinaries index also shed 0.6 per cent, reflecting the pervasive negative sentiment across the market. The sell-off was broad-based, with all 11 industry sectors dipping into the red. Particularly notable was the slump in ..read more

Renewable Energy Partners is poised to make a significant stride in Queensland’s renewable energy landscape with its ambitious plan to establish a new $800 million wind farm. The proposed Merrawindi wind farm, located approximately 230km west of Brisbane, is set to become a cornerstone in the state’s transition towards sustainable power generation. With a portfolio already boasting a range of wind, solar, and pumped hydro projects across Queensland, Renewable Energy Partners is primed to expand its green power footprint with the addition of 48 wind turbines in the Merrawindi wind farm. If gra ..read more

Shift workers in Melbourne and Ballarat have increasingly turned to e-scooters as a convenient means of transportation, especially during odd hours, as the state government extends its data-collecting trial. Since February 2022, the Victorian government has closely monitored e-scooter usage across three Melbourne council areas, as well as in the City of Ballarat, in collaboration with shared scooter companies Lime and Neuron. The surge in e-scooter usage among shift workers can be attributed to several factors. Firstly, e-scooters offer a flexible and efficient mode of transport, particularly ..read more

Telstra CEO Vicki Brady has offered a heartfelt apology in the wake of a series of distressing failures that led to the outage of triple-0 emergency services last month. The repercussions of this outage were deeply troubling, with over 100 callers left without access to vital assistance. Tragically, one of those affected was a man whose family was unable to connect with emergency services, ultimately resulting in his untimely death. In a candid address on Wednesday, Ms. Brady elucidated the root cause of the March 1st outage. She revealed that an exhaustive investigation had been conducted to ..read more