VENTURE CAPITAL POST

Australian supermarkets will soon be required to adhere to a code of conduct, and violators may face hefty penalties.

Seven West Media, one of Australia’s top media networks, announced that it would be laying off 150 of its staff due to weak advertising and as a way of preparing for the end of its commercial deal with social media giant Meta.

A recent report by the Australian National Audit Office found that the country’s Treasury department apparently spent over $22,000 on food, alcohol, and venues for its budget night functions, which allegedly breached its own probity laws and internal policies.

China and Australia will now offer each other's citizens multiple-entry visas valid for up to five years.

Peter Dutton's plan to introduce nuclear power across Australia met with strong resistance due to potential taxpayer burden, with critics citing similar international ventures costing billions.

Australian Mexican restaurant chain Guzman y Gomez went public on June 20, 2024 at the Australian Stock Exchange and traded over 30% north of its IPO of A$22 ($14.67) per share.

A poultry farm in the Greater Sydney basin in the Australian state of New South Wales is under quarantine after bird flu was detected in it.

Shareholders of Tesla approved the move to increase the pay package of CEO Elon Musk to $56 million.

Media Watch presenter Paul Barry announced he would host his final episode in December.

The influx of Chinese electric vehicles into the Australian car market, potentially reaching up to 50 brands by 2030.

Apple has announced the expansion of its Apple Vision Pro to new countries and regions.

Australian supermarket giant Coles announced that it was limiting the number of eggs that customers could buy after traces of avian influenza were detected in several poultry farms in the state of Victoria.

The Australian eSafety Commissioner is engaged in a legal dispute with Elon Musk's X Corp over the social media giant's allegedly inadequate response to a transparency notice concerning online safety expectations, resulting in a hefty fine and ongoing court battles initiated by both parties.

The Australian eSafety Commissioner Julie Inman-Grant announced that she was discontinuing the watchdog’s legal action against X over the graphic video footage of a stabbing incident at a church in Sydney last April.

The Australian Information Commissioner has filed a lawsuit against a Medibank for allegedly failing to protect data from being misused.