Finance News

FRV has Secured $164 Million Support from ARENA for a Solar Power Project

Solar Power Project

The construction of Moree Solar Farm has been started by by Fotowatio Renewable Ventures. After completion, the farm will produce 70 megawatt electricity. As per estimation, the farm will power 15000 homes in New South Wales. The setup cost is $164 million. Australian Renewable Energy Agency (ARENA) is pouring $101 million to Fotowatio Renewable Ventures, so the project could be ...

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Lower Australian Dollar Fails to Invigorate Business Confidence

Australian Financial News

A survey done in recent time indicates business confidence of the Australian companies has deteriorated. In the month of September, both business condition and confidence dropped to the lowest since election of the current Abbott government. The survey was done by National Australian Bank. It shows business confidence was +7 in August. In September it fell to +5. The average ...

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Arrium to Raise $754 Million Equity to Pay Debt

What Should You Do With The Money

The Australian Iron Ore and Steel company Arrium on Monday announced that it has plans to raise $754 million equity. New shares will be offered to investors at a 26% discount. Competition in the steel and mining industry is becoming intense and Iron Ore price is sharply falling. This has resulted in a debt. Arrium needs to raise money to ...

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11 Investment Tips to Be Borrowed From Australian Financial Industry

financial sector of Australia

Australia is developing as a strong competitor in the economic sector. The financial sector of Australia is highly organized and provides a wide gamut of services to businesses, governments and household people. A thorough research on the economic development of Australia shows a well defined linkage from augmentation of its financial sector to the fiscal growth. Other developing countries can ...

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What Overseas Entrepreneurs Need to Know Before Starting a Business in Australia?

Australian Financial News

Australia is a pro-business nation; opening a business in Australia is a smooth ride and comes with plenty of facilities. Australia is a lucrative destination for global investors for availability of skilled labors, tax remittances, road connectivity and industrialized environment. Australian government is more than willing to lay the red carpet for big corporations. Mid tier businesses might not expect ...

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How Overseas Customers Could Open Australian Bank Account

Australian Bank Account

Australia is a great country with lots of amazing places to see and exciting things to do. If you are visiting Australia as a tourist or have a plan of staying there for a while, you should open Australian bank account for convenience. In this article, we’ll give tips on how to open a bank account in Australia. The benefit ...

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