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11 August 2026

Australian Growth Business Fund doubles investment cap to target larger businesses

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Australian Growth Business Fund doubles investment cap to target larger businesses

Niche private equity player Australian Growth Business Fund has expanded its investment mandate in the small-to-medium business sector, as the fund takes its second stake in the defence ­industry.

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11 August 2026

Clover Moore unveils 4,500 sq metre Sydney plaza design after more than 40 years of planning

Lord mayor says Town Hall square will be ‘fantastic’ – but business advocate says project’s scale of demolition presents ‘unwanted disruption’ Follow our Australia news live blog for latest updates The City of Sydney on Tuesday released new renders of a plaza that will be built opposite Sydney town hall after the council began finalising discussions with the owners of the last of seven buildings that need to be acquired and bulldozed for the project.

Source: The Guardian WorldOriginal source

11 August 2026

Alan Jones trial: alleged victim told brother indecent assaults weren’t ‘too bad’ but involved broadcaster grabbing his penis, court hears

Former 2GB and 2UE radio host, now 85, has pleaded not guilty to 22 charges of indecent assault and sexual touching Follow our Australia news live blog for latest updates The witness on Tuesday was asked by the trial prosecutor Georgina Wright to describe what his younger brother, known as complainant J, told him during a meeting at a McDonald’s.

Source: The Guardian WorldOriginal source

11 August 2026

RBA interest rates: Reserve Bank holds cash rate at 4.35% as house prices continue to fall

In a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this year Follow our Australia news live blog for latest updates 35% but threatened to hike again if needed, as it warned falling house prices will slow income growth. The widely expected decision comes after a steep decline in property values in Sydney and Melbourne arrived in Brisbane, Perth and Adelaide following three rate hikes earlier this year.

Source: The Guardian WorldOriginal source

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