VENTURE CAPITAL POST

Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014.

Warburg Pincus sells off its shares in Transapacific Industries Group.

Glencore Xstrata and Sumitomo Corp purchase 50.1% shareholdings in Clermont mine amidst increasing Asian demand for coal.

The stocks of Australia and New Zealand fell as the deadline to settle debt for the United States looms near, said a report from Bloomberg.

A Federal Court in Australia ordered Li Ka-shing's companies to pay a total of AUD 776 million to the Australian Tax Office.

According to a data from SQM Research Pty, property prices in Sydney might increase to as much as 20% in 2014.

Linc Energy CEO Peter Bond said they were already talking with two groups who were interested in taking part in its shale exploration project.

According to a Reuters report, Freelancer.com would be planning a local IPO in Australia that would help boost Australia's fast-growing technology markets.

A settlement was reached between a consortium of banks and liquidators over the current legal dispute over the collapse of the Bell Group of Australia.

Reuters reported that that the ruling governments of Australia and Norway would face possible defeat in polls set for this month.

Wesfarmers Ltd was able to gather AUD 304 million through a lease securitization deal with a special purpose entity.

Australia's AGL Energy Ltd said that weakened demand prompted the company to delay the development of its power plants.

Australian manufacturers underwent change in level of operations.

Australian Coca Cola distributor announced disappointment in its profits for the first six months.

Nine Entertainment's ownership has decided to undertake an IPO.