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

2019 Benchmark Report positions Australia as ideal investment destination

8 Apr 2019

Produced by the Australian Trade and Investment Commission (Austrade), the annual report presents economic, financial and demographic data to highlight Australia’s competitive strengths in global trad ...

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Boeing to launch Australia’s first locally built combat aircraft since 1942

29 Mar 2019

The Boeing Company is set to design and build a large, military unmanned air vehicle (UAV) in Australia, with the first flight set for 2020. The Australian government will invest A$40 million in the p ...

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Monash medical tie-up to stem post-natal fatalities

28 Mar 2019

Belgium-based Janssen Pharmaceutica N.V. is sponsoring a research program at the Monash Institute of Pharmaceutical Sciences (MIPS) that may dramatically reduce the incidence of post-natal fatalities ...

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Artificial intelligence expert selects Sydney for Asia-Pacific launch pad

27 Mar 2019

New York-based artificial intelligence (AI) specialist, Dataiku, is expanding in the Asia-Pacific region with a major new office in Sydney. The company will be hiring dozens of local employees, from c ...

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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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