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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.
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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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