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Indian Auto Giant Mahindra Officially Closed Its $175 Million Australian Aircraft Business — Here's Why

The News: Mahindra Aerospace Australia (MAAPL) has been officially liquidated after going into voluntary liquidation in July 2024. The Indian...

12.11.2025 1

International Business Times

Michael Lee

Barnaby Joyce Just Lost It On Live TV Over $150 Power Rebates — And It Got Really Weird

The Rant: Barnaby Joyce called the government's potential extension of $150 power bill rebates a "total swindle" and "Band-Aid on an amputated leg"...

11.11.2025 1

International Business Times

Michael Lee

Understanding Australia's New Financial Licensing Framework for Digital Asset Operators

Australia's digital asset sector enters a defining regulatory phase as Treasury's draft legislation mandates Australian Financial Services Licence...

11.11.2025 10

International Business Times

William Jones

NAB Just Posted $7.1 Billion Profit — But Here's Why Investors Should Be Worried

The Results: NAB reported FY25 cash earnings of $7.091 billion (down 0.2%) and statutory net profit of $6.759 billion (down 2.9%), both missing...

09.11.2025 2

International Business Times

Michael Lee

AUKUS Just Got Real: Australia Made 11 Major Announcements In 3 Days — Here's What's Actually Happening

The Event: Indo Pacific 2025 (November 4-6 in Sydney) brought 25,000 attendees, 900 defense exhibitors, and 200 naval delegates from 50 nations...

07.11.2025 5

International Business Times

Michael Lee

World's Strictest Social Media Law: 9 Platforms Must Block Everyone Under 16 or Pay $33M

Australia Just Banned 9 Social Media Platforms for Everyone Under 16 — And It Starts in 35 Days The Platforms Affected: Reddit and Kick were just...

07.11.2025 1

International Business Times

Michael Lee

CommBank Just Got Shamed For Refusing $270 Million Refund To Poorest Customers — While Celebrating $10 Billion Profit

The Award: Commonwealth Bank won its fourth CHOICE Shonky Award — making it the most "shonky" company in the award's 20-year history. This year's...

06.11.2025 2

International Business Times

Michael Lee

Australia Just Built the World's First Quantum Diamond Factory — Here's Why It Matters

That growth depends on establishing sovereign manufacturing capabilities—exactly what this foundry provides. Rather than importing quantum...

06.11.2025 1

International Business Times

Michael Lee