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Australia tries again to combat 'future sectors' crypto scams

The Treasury highlighted that Australian consumers and businesses lost at least $3.1 billion to scams in 2022 an 80% increase from 2021. ....

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Australian Govt Report Slams Mining Firm's Links to Myanmar Junta

Australian Govt Report Slams Mining Firm's Links to Myanmar Junta
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Overcoming the Catch-22 for credit invisibles

The U.S. should look abroad for innovative solutions to the problem of assessing the creditworthiness of borrowers with little formal credit history. ....

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UPDATE 2-Contractor asks Australia to review asset sale by China's Tianqi Lithium

By Reuters Staff
(Adds Treasury comment, changes headline)
MELBOURNE March 11 (Reuters) - An Australian mining services contractor locked in a legal dispute with China’s Tianqi Lithium Corp over failed payments has asked the Foreign Investment Review Board (FIRB) to examine a related sale, a company director said on Thursday.
Perth-based MSP Engineering has asked FIRB to review a part sale of Tianqi’s Australian lithium business to nickel miner IGO after Tianqi refused to pay it for constructing a battery-grade lithium processing plant in Western Australia.
This week, Western Australia’s Supreme Court ruled that Tianqi, one of the world’s biggest producers of lithium chemicals used in electric vehicle batteries, must pay A$38.9 million ($30 million) in arrears. Tianqi said it will appeal. ....

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Contractor asks Australia to review asset sale by China's Tianqi Lithium

MSP Engineering asks the Foreign Investment Review Board to review a sale of Tianqi’s Australian lithium business to nickel miner IGO after Tianqi refused to pay it for constructing a battery-grade lithium processing plant in Western Australia. ....

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