Sale of Australian dairy production assets risks further consolidation in an industry that farmers say already has too many unfair market pressures.
The new system will consider not just the size of the merger, but its competitive impact.
Business continues to have a concerned outlook even as conditions improve, according to NAB. Elsewhere, Westpac found that consumer sentiment has fallen sharply.
Australia has stopped Chinese takeovers in lithium and rare earth miners, so Chinese investors are looking elsewhere.
The Australian industry super fund is a €80m cornerstone investor and has earmarked another €120m to go into Fidelity International’s new real estate fund.
AMP's chief economist and head of investment strategy Shane Oliver on the week ahead.
The Government rejected the ‘big stick’ of asset sales, and now a former Labor minister is recommending stiff fines of up to A$4b for anti-competitive behaviour.
Rules to promote independence of auditors were introduced 20 years ago.
Australian legislation is pending, but a Westpac NZ senior exec says volume of work to become compliant should not be underestimated.
The New Zealand company entered the Australian market with its Botswana Butchery and White + Wong branded restaurants.