Russia will be given its highest profile platform since its sporting exile at the World Aquatics Water Polo World Cup finals in Sydney in July this year.
South Australia's government is confident the Whyalla steelworks sale process will remain intact despite Indian court summons for Jindal Steel's chair over a coal scam. Jindal Steel is a bidder for the steelworks.
Reserve Bank chief economist Sarah Hunter stated that global supply shocks are becoming more frequent, prompting the RBA to invest in new economic models and research to adapt to this "new reality" and manage policy trade-offs more often.
China-linked investors are defying a federal government order to sell their shares in Australian heavy rare earths company Northern Minerals. The investors hold 17% of the company, which is developing the Browns Range project, crucial for military hardware and EVs. The treasurer cited national security concerns.
The sale of Tasmania's largest farm, Rushy Lagoon, for over $100 million to UK's Gresham House has been approved by Federal Treasurer Jim Chalmers, deeming it in the national interest after FIRB vetting. The property was previously owned by New Zealand's Pye family.
Federal Treasurer Jim Chalmers approved the $100 million+ sale of Tasmania's largest farm, Rushy Lagoon, to UK's Gresham House for a new pine plantation. The decision faced criticism from farmers and a senator over transparency and market distortion concerns.
Federal Treasurer Jim Chalmers approved the $100M+ sale of Tasmania's Rushy Lagoon farm to UK's Gresham House. The deal, involving a large pine plantation, was deemed in the national interest after FIRB review, despite concerns over transparency and market distortion.
