Australia Proposes New Crypto Tax Reporting Legislation
Australia has introduced draft legislation to implement the OECD's Crypto-Asset Reporting Framework, aiming to begin international tax data exchanges by 2028.

Australia has introduced draft legislation to implement the OECD's Crypto-Asset Reporting Framework, aiming to begin international tax data exchanges by 2028.

Australia's renewable energy sector faces a capital crunch as investors pivot toward an AUD 150 billion pipeline of AI data center projects.

Australia’s securities regulator has opened a consultation on new capital, custody, and trading rules for crypto platforms ahead of the 2027 legislative rollout.

Volt has pivoted its solar tile business to the Australian market, offering an integrated home energy ecosystem that includes EV charging, battery storage, and heat pumps.

NASA satellite imagery reveals the structure of Australia's Spider Crater, a geological formation created by a meteorite impact between 900 million and 600 million years ago.

Anthropic has signed its first data center lease in Australia as part of a massive project in Queensland valued at up to AUD 32 billion.

Melbourne-based broker Stormrake reports $8 million in blocked payments as Australian banks continue to restrict access for Bitcoin businesses.

ASIC proposes extending CFD regulations until 2037, introducing stricter margin rules and explicitly covering contracts settled in digital assets.

Australia’s securities regulator has proposed extending leverage caps and investor protections to derivatives settled in digital assets.

Xpeng has expanded its presence in Australia and New Zealand with the launch of the Mona L03 SUV, offering both BEV and EREV powertrains starting from AUD 41,900.

Australia is moving toward a risk-management-based regulatory model for advanced AI, shifting the focus from static threat lists to internal developer safety processes.

Nvidia-backed data center operator Firmus Grid has shelved its AUD 7 billion IPO plans due to weak investor demand and is now exploring private funding alternatives.

Firmus Grid Ltd. has closed its institutional bookbuild for an IPO targeting up to AUD 7.7 billion, despite waning demand and concerns over debt levels.

Nissan has opened its first Nismo Performance Center outside of Japan, establishing a dedicated restoration and parts facility in Melbourne to support Australian owners of classic GT-R and Z models.

Hyundai has scrapped its plans to launch the IONIQ 3 in Australia, citing high import costs and intense competition from lower-priced Chinese electric vehicles.

Google, Microsoft, OpenAI, and Anthropic are lobbying the Australian government to bypass copyright laws, citing the necessity of unrestricted data access for AI development.

The Reserve Bank of Australia warns that a 20% drop in AI stock prices could reduce domestic household consumption by up to 2.4% due to significant exposure to US tech markets.

Leapmotor has opened pre-orders for the B03X electric crossover in Australia, with prices starting at AUD 29,990.

Anthropic told Australian lawmakers that its AI agents did not breach government systems and expressed support for mandatory data breach disclosure laws.

OpenAI and Anthropic have backed new Australian regulations requiring mandatory disclosure of AI-related data breaches following recent security incidents.