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Investor Update provides you with up to date and informative articles about the investment climate in Australia.

Strong Australian tourism spurs A$330m Olympic site hotel buy-in

18 Mar 2019

Paris-based insurance company, AXA, is purchasing four landmark Australian hotels in a deal worth A$330 million. In the largest hotels acquisition in Australia in 12 months, the French multinational i ...

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Californian startup swells Australia’s $4.6bn cloud revolution

8 Mar 2019

Cloud data-warehousing pioneer, Snowflake, is ramping up its Australian business just one year after opening its first office in Sydney.

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Vestas turns Geelong ex-car factory into wind turbine assembly

7 Mar 2019

Danish wind turbine manufacturer, Vestas, is rejuvenating the former Ford factory in Geelong, Victoria. A new 3,000 square metre turbine assembly and testing facility will form part of a Renewable Ene ...

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Colorado ski co. doubles down on $2bn-per year industry

4 Mar 2019

US-based Vail Resorts Inc. has purchased two Victoria ski fields – Falls Creek and Hotham – in a $174 million deal. Subject to regulatory approval, the purchase will include ski schools, retail establ ...

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Disused South Australia zinc mine to pilot clean-energy storage for grids

1 Mar 2019

Toronto-based Hydrostor Inc., a leader in advanced compressed-air energy storage (A-CAES), has announced a A$30 million technology demonstration project at the former Angas Zinc mine in Strathalbyn, A ...

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Clinical trials success showcases Korea–Australia pharma collaboration

27 Feb 2019

Korean biopharma company, PharmAbcine, is commencing full-scale clinical trials of a brain cancer treatment in the United States, following pioneering early phase trials in Australia.

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Korean collaboration brings gene-splicing genius to Melbourne cancer project

13 Feb 2019

Australia’s world-class Medtech research has received an overseas boost, with Korean gene-editing specialist, ToolGen, signing a collaborative partnership with Melbourne-based biotech company, Carther ...

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Trailblazing ride-sharing app builds physical presence in Sydney

12 Feb 2019

New York-based ride-sharing innovator, Via Transportation, is opening its first Australian office in Sydney. The company is building a local workforce to grow its footprint in Australia.

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Australia beats US as Chinese CEOs’ investment top spot

8 Feb 2019

A global survey of chief executive officers (CEOs) shows Australia overtaking the United States, Japan and Germany as an investment destination among CEOs based in China.

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Australian duty free business acquired by Korea’s Lotte

25 Jan 2019

South Korean retail travel giant Lotte Duty Free has acquired JR/Duty Free in Australia and New Zealand for an undisclosed sum.

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US investor acquires stake in luxury Australian lodge brand

23 Jan 2019

An affiliate of US-based private equity firm KSL Capital Partners has invested in Australian luxury hotel brand Baillie Lodges.

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Australian digital diagnostics firm partners with QIAGEN on TB testing solution

22 Jan 2019

Australian digital diagnostics firm Ellume has partnered with German-Dutch company QIAGEN to develop a new tuberculosis (TB) testing solution for developing nations with a high disease burden of TB

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ExxonMobil to develop West Barracouta gas project in Australia

16 Jan 2019

ExxonMobil is developing the West Barracouta gas field off Victoria’s Bass Strait to bring new gas supplies to Australia’s domestic market.

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Westin begins Australian growth phase with new Brisbane hotel

17 Dec 2018

US hotel chain Marriott International has opened a 299-room Westin hotel in Brisbane.

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Australia’s new Adelaide-based space agency welcomes investment

14 Dec 2018

The Australian Space Agency will be located in Adelaide by mid-2019 and is set to employ 20 full-time equivalent staff members.

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India’s HCL Technologies opens Adelaide office

12 Dec 2018

Global technology company HCL Technologies has opened a delivery centre and office in Adelaide to service Elders, a leading Australian agribusiness company.

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Hitachi signs ‘social innovation’ MoU with CSIRO

7 Dec 2018

Japanese technology multinational Hitachi has signed a memorandum of understanding (MoU) with Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organisation (CSI ...

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INPEX wins 2018 Investment Award

4 Dec 2018

Japanese resources company INPEX was awarded the 2018 Trade, Tourism and Investment Minister’s Investment Award.

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Japanese tech titan Hitachi joins Western Sydney precinct project

3 Dec 2018

Japanese technology conglomerate Hitachi has signed a memorandum of understanding (MoU) with the NSW Government to collaborate on the development of the Western Parkland City and Western Sydney Aerotr ...

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Global tech consultancy Infosys to create 1,200 jobs in Australia

30 Nov 2018

Infosys, an India-founded technology consultancy, has announced it is creating 1,200 IT jobs and opening three Innovation Hubs in Australia by 2020.

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