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Reliance Industries, Brookfield sign initial pact to boost renewable energy manufacturing in Australia

CFO News

Reliance Industries and Brookfield Asset Management have signed an initial agreement to develop renewable energy and decarbonisation equipment within Australia. The partnership aims to drive down the cost of manufacturing clean energy equipment in Australia including PV modules, long-duration battery storage and wind energy components.

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Deutsche Bank Debuts Cash Management In Australia

PYMNTS

Deutsche Bank has opened a new cash management business in Australia, which will add to its global portfolio, according to a press release. There were 14 new jobs added to support the new Australia location, including John Godlonton of Deutsche Bank Singapore, who will act as the head of cash product for Australia.

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Australia Could Debut Compulsory eInvoicing

PYMNTS

In Australia, the government could be looking at mandatory eInvoicing for companies, according to a report by Accountants Daily. The effort would be phased in and start first with the biggest businesses, the report says.

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An Australia With No Google – A Search For Search? 

PYMNTS

Should the legislation become law, Google might shut down its site in Australia. According to Statista , Google has almost 90 percent market share in Australia. Search, they said, needs “unrestricted” linking between sites to function. Commerce relies, in part, on search to steer people to where they want to spend money.

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People moves: Plus Malaysia, Kellogg Australia and New Zealand

Future CFO

Kellogg Australia and New Zealand announced lately that it has named Shane Williamson as CFO. Prior to Kellogg, Williamson held finance roles at Cadbury, Kraft Foods, and Mars in Australia and Europe. The post People moves: Plus Malaysia, Kellogg Australia and New Zealand appeared first on FutureCFO.

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Australia, South Africa Take On The Late Payments Fight

PYMNTS

South Africa and Australia are ramping up efforts to combat payment delays, both within the private and public sectors, as analysts warn that COVID-19 has made cash flow challenges for SMBs even more burdensome. Five-day payment terms will be possible through Australia's new eInvoicing solution , the nation's Treasury announced recently.

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Pwc Australia scandal and Governance

CFO News

Greed is more lethal than any pandemic. It pays in the short term but has disastrous consequences in the long run.

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