$202 billion and 11% of Australia’s GDP: Meet the top 10 billionairesThe Australian Financial Review's 2025 Rich List reveals Australia's wealthiest, with the top 10 holding $202 billion, a 9.2% decrease from...
29 May, 2025, 01.13 PM IST
Meta, Australian banks tout progress on taking down 'celeb bait' scam adsThe U.S. social media giant said it took down the scam ads after receiving 102 reports since April from the Australian Financial Crimes Exc...
02 Oct, 2024, 05.08 PM IST
How 'deepfake Musk' became internet's biggest scammerThe scammers had edited a genuine interview with Musk, replacing his voice with a replica using AI tools. The AI was sophisticated enough t...
19 Aug, 2024, 09.39 AM IST
Australia to bring anti-scam law targeting internet giants this year, regulator saysThe Australian Competition and Consumer Commission (ACCC) and the treasury department are consulting internet, banking and telecommunicatio...
12 Jul, 2024, 10.21 AM IST
Meta says it may block news from Facebook in AustraliaMeta is considering blocking news content in Australia over licensing fees. The company awaits government decisions on fee regulations for ...
28 Jun, 2024, 10.57 AM IST
Meta must face Australian billionaire Forrest's US lawsuit over scam Facebook crypto adsIn a decision on Monday, US District Judge Casey Pitts in San Jose, California said Australia's second-richest person can try to prove that...
19 Jun, 2024, 11.11 AM IST
Australian prosecutors drop billionaire Andrew Forrest's case against MetaThe decision is a setback for Andrew Forrest, the 37% owner of iron ore producer Fortescue Metals Group and Australia's second-richest pers...
13 Apr, 2024, 10.22 AM IST
Australian prosecutors drop billionaire Andrew Forrest's case against MetaAustralian prosecutors discontinued Andrew Forrest's criminal case against Meta for scam cryptocurrency ads on Facebook. Forrest's civil su...
12 Apr, 2024, 01.44 PM IST
The world’s iron ore powerhouse is preparing to reinvent itselfLast year, iron ore shipments accounted for about 5% of the country’s gross domestic. But now China is cooling, while steel producers are u...
29 Oct, 2023, 10.19 AM IST
Gina Rinehart, Australia's richest woman, muscles in on one of the largest battery-metal deals leaving investors guessingGina Rinehart, the richest woman in Australia, has acquired a nearly 17% stake in Liontown Resources, threatening its takeover by Albemarle...
07 Oct, 2023, 10.43 AM IST
Billionaires' squabble stalls Australia-to-Asia solar power projectSingapore-based Sun Cable said it had appointed voluntary administrators less than a year after raising A$210 million from the two billiona...
11 Jan, 2023, 11.03 AM IST
Australia shares extend gains, Fortescue rallies on founder Forrest's returnFortescue jumped 2% after saying billionaire Andrew Forest would takeover the role of executive chairman to oversee its iron ore business f...
18 May, 2022, 02.51 PM IST
Australia shares end higher on energy stocks, miners boostThe S&P/ASX 200 index rose 0.35% to close at 7,379.3 points, rebounding from a 0.4% drop on Friday.
13 Dec, 2021, 02.26 PM IST
Australian billionaire to help small publishers strike content deals with Google, FacebookAndrew Forrest's Minderoo Foundation says it will submit an application with Australia’s competition regulator to allow small publishers to...
22 Nov, 2021, 09.33 AM IST
Australia chases green ammonia for power in near-term hydrogen pushIn its biggest bet so far on green ammonia, the Australian Renewable Energy Agency this month awarded a A$42.5 million grant to Norway's Ya...
13 May, 2021, 11.56 AM IST
Rohini Nilekani, Ajay Piramal on Forbes Asia philanthropy listThe list, comprising of 48 persons, also includes four each from Australia, China, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Sing...
26 Jun, 2014, 05.09 PM IST
- Australia may have a 'millionaires' tax' soon
The rich in Australia may soon be forced to pay "millionaires' tax" with the country's powerful trade union calling the govt to slap such a...
12 May, 2012, 02.07 PM IST