Australia’s film industry needs tax rebates to remain competitive as the nation’s remoteness and strong currency discourage big budget foreign productions, said Baz Luhrmann, director of “The Great Gatsby.”
Challenger Energy Ltd. , an Australian oil and gas exploration and production company, jumped after drilling at its Triple Crown Prospect project intersected more than 1000 feet of potentially gas-charged zones, the Perth-based company said in a regulatory filing.
Yin Qiang, a technology manager from Beijing, traveled from Australia’s Gold Coast to Melbourne before climbing the Sydney Harbour Bridge with his wife. Next time, they might see a show at the city’s iconic Opera House.
Tatts Group Ltd. will cut the book carrying value of its investment in Talarius Ltd. by A$140 million. The company will be paying a dividend in October which isn’t expected to be less than the final dividend paid a year earlier. The company released the information in a statement to the Australian stock exchange today.
Slater & Gordon announced it has entered into an agreement to acquire Trilby Misso Lawyers Ltd. for A$57 million. The company released the information in a statement to the Australian stock exchange today.