Investing

Australia’s electric car industry struggling to get around policy

It has long been noted that for an industry to be able to make waves in the energy industry, it cannot rely on policy alone. Successive Australian governments have been notorious for their inability to agree on proposals to create any launch pad for an energy revolution, and now it seems that the electric car…

Banking investors set for unsteady 2019 as uncertainty lingers

While 2018 was not exactly the easiest year for Australian banks, it seems clear that it was even harder for those looking to invest in them. With the Royal Commission inquiry’s findings spilling out into the press and the markets, there was little that the banks could do to prevent some of the scandals affecting…

Rio Tinto partners with Nespresso for sustainable coffee pods

Rio Tinto is set to supply Nespresso with sustainable aluminum for their coffee pods. Although both sides of this deal have been under fire this year for not looking like they are doing enough to help reduce the impact on climate change, this could be set to change. Angle-Australian mining giant Rio Tinto has found…

Business leaders call for capital provisions for small companies

Business leaders in Australia have called for better collaboration on how to increase capital flow and liquidity to small businesses that need it most to keep the supply chain flowing smoothly. Smaller companies are known to struggle most when there is a buffer on capital flow with less cash available to take the hit as…

IMF says UK and Portugal have “weakest” public finances

The International Monetary Fund (IMF) has released its twice-yearly fiscal monitor, revealing some startling figures about public finances in various countries, with the UK and Portugal rated as the worst. The countries that topped the list with the most secure allocation of public finances have assumed this position primarily due to a successful sovereign wealth…

India set to develop US and Russia infrastructure link

India is in talks on a deal with the US and Russia that is set to build infrastructure in its country and beyond to counter China’s Belt and Road Initiative (BRI). The move will also encompass working with Australia and Japan, among others. The partnership will span the Indo-Pacific region, and connectivity networks will be…

Coronado launches largest world mining IPO since last boom

Coronado Coal’s IPO float is the largest of any mining company in the world since the last mining boom earlier this decade. The coal mining company is looking to list itself on the stock exchange for $4.4bn as it aims to perform against expectations of fading coal giants. Coal prices have been struggling in the…

China and Australia to set up new blockchain deals

China and Australia have agreed to work together to strengthen ties through blockchain technology as the transactional transparency medium begins to progress further. With Australia already making a name for itself as one of the leading countries in blockchain technology, it may come as no surprise that China would look to its Pacific neighbor to…

Australia’s investor loans hit lowest point in five years

Australia’s housing market continues to struggle but is still managing to fend off signs of any looming credit crunches that have cropped up in talks in recent months. The value of investor loans, which has hit its lowest point in half a decade, received some support from a modest increase in new loans and new…

China announces three-year plan to invest $60bn in Africa

Beijing has announced a plan to invest $60bn across the African continent in the next three years as it presses ahead with its Belt and Road Initiative launched earlier this year. Chinese Premier Xi Jinping confirmed the news at the Forum on China-Africa Cooperation, which takes place every three years. Without offering full details at…