The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCC) have officially unveiled the industry participants for their tokenised asset settlement research initiative, marking a significant step towards modernizing…
Chinese consumer goods retailer, Miniso, recently revealed its latest store in Melbourne, situated within the bustling Highpoint shopping complex, marking the brand’s largest outlet in the city. Prime Location & Product Variety Occupying a prime location on…
Umall, an Australian e-commerce platform, recently announced its acquisition of Asian Grocer Online (AGO) in a bid to expand its presence in the multicultural grocery sector. Strategic Acquisition This acquisition represents a significant development in…
Australia’s major banks, while reducing their project finance to fossil fuel companies, still maintain significant exposures in the billions, according to recent findings from the Institute for Energy Economics and Financial Analysis (IEEFA). The big…
The Commonwealth Bank of Australia (CBA) is leveraging the power of artificial intelligence to combat the rising tide of scams targeting unsuspecting Australians. In an innovative move, the bank has deployed “a fleet of thousands of AI-powered bot profiles”…
Bank Australia (BAL) has strengthened its foothold in the competitive banking landscape with its recent merger with Qudos Bank. The two entities joined forces on 1 July 2025, with Qudos transferring all its assets and liabilities to BAL, which will now…
Australian Mexican restaurant chain Mad Mex plans to expand into Asia, starting with its first Singapore restaurant this month. An inaugural Malaysian store is on track to open in December, and Indonesia and Thailand are also on the list. Mad Mex, which…
Grape Co Australia has been fined $34,920 by Australian Competition & Consumer Commission (ACCC) for making false and misleading representations on grape origins and breaching the Horticulture Code. In a statement on its website, Victorian table grape traders…
Aussie consumers are to get more non-alcoholic choices as New Zealand’s cocktails brand Finery launches alcohol-free cocktails in Australia. Created by The Fine People, The Finery zero percent cocktails range consists of four flavors, using a blend of…
Winemakers from Victoria’s King Valley traveled to Canberra on Tuesday to lobby parliamentarians to protect their use of the prosecco grape variety name. Australian winemakers are “not giving any ground” against the European Union, which does not want…
Key ingredients within the range include active medical grade Manuka honey – known for its healing properties – natural bee products (bee venom, Royal Jelly) and anti-oxidant botanicals from New Zealand. The products regenerate new skin cells by 80%,…
Customers on the Telstra network have complained about substantial delays in downloading Apple services for most of the week, with Telstra now acknowledging a subsea cable issue and claiming that it is working on resolving it. The issue, flagged on broadband…
Bega Cheese, an Australian dairy company, has indicated its intention to file an application with the Australia Competition and Consumer Commission (ACCC) seeking authorisation for its planned acquisition of Fonterra Oceania. Enhancing Outcomes through…
The Australian Securities and Investments Commission (ASIC) has made a significant move by canceling the license of Financial Services Group Australia Pty Ltd (FSGA), raising eyebrows across the financial sector. In a bold statement on its website, the…
Trade Minister Don Farrell has announced that Australia and the European Union (EU) are set to resume negotiations for a free trade agreement immediately. This comes two years after Australia withdrew from discussions due to an unsatisfactory market access…
The Melbourne-based Mexican fast-food chain, Hecho En Mexico, has made moves to broaden its horizons into the retail market by introducing two of its most popular dishes in ready-to-heat packs. The launch, resulting from a collaboration with cooked-protein…
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