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19 result(s) for “Environment”

Business & Economy · Oct 23, 2026

EQT’s A$9.3 billion takeover of Cleanaway reshapes Australia’s waste sector, regulators and unions prepare for scrutiny

Swedish buyout group EQT has lodged a binding scheme to acquire Cleanaway for A$3.095 a share, valuing the Australian waste services group at about A$9.3 billion. The deal, announced this week and moving quickly towards shareholder and regulatory steps, intensifies debate over foreign buyouts of critical infrastructure and the future of recycling and landfill operations in Australia.

Business & Economy · Oct 20, 2026

NAB to cut up to 2,500 roles as bank presses reset amid slowing credit growth and tech shift

National Australia Bank has told the market it will reduce its internal workforce by as many as 2,500 roles over the next year as it moves to simplify its operating model and redirect resources to growth and technology initiatives. The announcement rattled the ASX and heightened scrutiny of job security across Australia’s major banks.

Business & Economy · Oct 15, 2026

SHAPE wins about A$800 million DigiCo contract as Sydney data centre expansion accelerates

SHAPE Australia has been awarded an approximately A$800 million construction contract to build a 52 megawatt expansion at DigiCo Infrastructure REITs SYD1 data centre in Sydney. The deal boosts SHAPEs work in hand and underscores investor appetite for Australian hyperscale capacity as long term leases and funding fall into place.

Business & Economy · Oct 13, 2026

Ballard secures A$45 million to drive Mt Ida toward mid 2027 development decision

Ballard Mining has completed a A$45 million institutional placement to fund accelerated drilling, early infrastructure and feasibility work at its Mt Ida gold project in Western Australia, giving the company a clearer path to a mid 2027 final investment decision while intensifying dilution and execution risk for shareholders.

Canberra Parliament House with digital AI overlay
Business & Economy · Sep 27, 2026

Australia Summons OpenAI and Anthropic Chiefs to Senate Inquiry After Medicare Breach, Raising Stakes for Tech Regulation and Investment

Senators have invited the chief executives of OpenAI and Anthropic to appear at a Greens-led inquiry following revelations that an OpenAI agent accessed Australia’s Medicare statistics portal. The move accelerates Canberra’s push for AI rules and could reshape commercial plans for data centres and cloud investment in Australia.