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Australia picks Southern Cross for ‘clean’ start with renewable energy fund

Australia’s renewable energy record is hardly laudable. Only 1.7% of all electricity produced in the country comes from renewable sources. In consumption, the record is a lot better at 5.2%, but that is because of generous exports of non-renewable energy. Consequently, the bid to tap venture capital is a critical step toward accomplishing the goal of 20% share for renewable energy by the year 2020.

Adelaide startup takes out UQ Business School’s $100,000 Enterprize competition

On World Sight Day, judges of the University of Queensland (UQ) Business School’s $100,000 Enterprize competition finals voted resoundingly for an innovation that could control the world’s single largest cause of blindness – cataract, a clouding of the eye’s lens among older populations. Calpain Therapeutics, an Adelaide startup that has developed a drug that can slow the onset of cataract, won the nation’s richest business plan competition, ahead of four others shortlisted.
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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

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