VENTURE CAPITAL POST

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.

A newspaper reported that British bank Lloyds Banking Group received bids for its Australian businesses.

Telstra's mobile market share in Australia rose to 50% as its income beat analysts' projections.

A KKR executive revealed that his firm was keen on investing in structured debt and mezzanine deals in Australia.

Huawei planned a workshop in Australia for local ICT firms in an effort to absorb some of the country's ICT assets.

According to research, almost 64% of Australians owned a smartphone.

Microsoft announced that it already launched Bing Ads in Australia and New Zealand.

The New South Wales state government announced that bidders for Macquarie Generation will have until August 19 to file expressions of interest.

United Petroleum announced that they are considering offers for possible acquisition or joint venture deals.

According to an industry expert, the natural gas industry of Australia needs to have a policy revamp to stop possible losses and divestments.