Australia-Korea Business Council

Australia-Korea Business Council The Australia-Korea Business Council exists on behalf of its members and seeks to develop business re

🌟 AKBC welcomes Levantine Hill Estate! 🌟⁠Located in Victoria’s beautiful Yarra Valley, Levantine Hill is a magnificent f...
24/06/2026

🌟 AKBC welcomes Levantine Hill Estate! 🌟⁠

Located in Victoria’s beautiful Yarra Valley, Levantine Hill is a magnificent family-owned estate featuring several vineyards, an architecturally outstanding cellar door and restaurant, a state-of-the-art winery and events complex, and a soon-to-be-open hotel.
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Welcome aboard, Levantine Hill Estate! ✨⁠
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Interested in learning more about the Australia-Korea Business Council and becoming a member? Reach out to us via email [email protected] or visit our website www.akbc.com.au 🇦🇺🇰🇷⁠
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🔦 TEAM SPOTLIGHT 🔦 We welcome our newest team member, Michael Hasten, Head of Growth at the Australia-Korea Business Cou...
22/06/2026

🔦 TEAM SPOTLIGHT 🔦

We welcome our newest team member, Michael Hasten, Head of Growth at the Australia-Korea Business Council. With over 20 years of commercial experience across institutional banking, energy and resources, and fleet technology, Michael brings deep expertise to the AKBC team.

Based in Sydney, Michael’s banking career spans project finance, export credit, and debt capital markets, with direct experience structuring transactions that support Korean investment into Australian mining and energy projects — and Australian exports into Korean markets.

In this role, Michael will:
✅ Drive growth and expand AKBC's member base and commercial partnerships;
✅ Leverage his extensive network across banking, energy and resources;
✅ Support members in navigating investment and trade opportunities between Australia and Korea; and
✅ Work closely with AKBC's national team to strengthen the Australia-Korea economic relationship.

We warmly welcome Michael to the AKBC team and look forward to introducing him to our members at upcoming events.

Read more about Michael and our Team here 👉 https://www.akbc.com.au/our-team.

📩 If you would like to meet with Michael or learn more, please get in touch via [email protected]

📢 EVENT 📢Did you know that many of Korea’s largest conglomerates are connected through family ties, shaping how business...
19/06/2026

📢 EVENT 📢

Did you know that many of Korea’s largest conglomerates are connected through family ties, shaping how business decisions are made today? If you are engaging with Korean partners, understanding these dynamics can make a meaningful difference.

We invite you to join our upgraded training session designed for Australian professionals engaging with Korean businesses.

In 45 minutes, you will gain practical insights into:
✅ The history and evolution of Korea's chaebols
✅ An introduction to the top 10 Korean conglomerates
✅ How chaebol companies are connected through family ties
✅ The unique cultures and business practices within each major chaebols

This session will equip you with the tools to navigate cultural nuances and foster successful, respectful business interactions with Korean partners.

Event Details:
📅 Date: Wednesday, 24 June 2026
🕒 Time: 1.00 PM - 2.00 PM AEST
📍 Location: Virtual
💡 Price: FREE for AKBC Members | $45 + GST for non-members
👉 Spots are limited—register now to secure your place: https://akbc.glueup.com/event/all-about-korean-conglomerates-chaebol-179188/ -more

🌟 AKBC welcomes Melbourne Airport! 🌟⁠Melbourne Airport is Australia's largest, curfew free 24/7 Airport, currently servi...
18/06/2026

🌟 AKBC welcomes Melbourne Airport! 🌟⁠

Melbourne Airport is Australia's largest, curfew free 24/7 Airport, currently serving 37 million passengers across 4 terminals.

Their mission is to create connections that matter, with a focus on growing high priority international aviation markets to Melbourne, including Korea.
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Welcome aboard, Melbourne Airport! ✨⁠
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Interested in learning more about the Australia-Korea Business Council and becoming a member? Reach out to us via email [email protected] or visit our website www.akbc.com.au 🇦🇺🇰🇷⁠
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🔦 TEAM SPOTLIGHT 🔦 We welcome our newest team member, Hayley Edwards, Head of Memberships at the Australia-Korea Busines...
17/06/2026

🔦 TEAM SPOTLIGHT 🔦

We welcome our newest team member, Hayley Edwards, Head of Memberships at the Australia-Korea Business Council (AKBC). Drawing on a multidisciplinary career spanning defence, diplomacy, elected office, and the private sector, Hayley specialises in high-level stakeholder relationship management and intergovernmental liaison.

Based in Perth, Hayley will lead AKBC’s membership engagement in Western Australia, manage key government relationships, and drive strategic outcomes for members across critical minerals, energy transition and advanced manufacturing. She brings deep expertise in navigating the intersection of public policy and private enterprise — including engagement with DFAT, DISR and DCCEEW at the most senior levels.

In this role, Hayley will:
✅ Lead and grow AKBC’s WA membership through tailored engagement;
✅ Represent AKBC at key industry, government and diplomatic forums in Western Australia; and
✅ Work closely with WA-based members and stakeholders as well as AKBC’s national team to strengthen the Australia-Korea economic partnership.

We warmly welcome Hayley to the AKBC team and look forward to introducing her to our members in Perth and nationally.

Read more about Hayley and our team here 👉 https://www.akbc.com.au/our-team.

📩 If you would like to meet with Hayley or learn more about our WA events, please get in touch with her at [email protected]

Thank you to everyone who joined us for the 7th Australia–Korea New Energy Forum in Perth on Monday, 15 June. 🇦🇺🇰🇷 Co-ho...
16/06/2026

Thank you to everyone who joined us for the 7th Australia–Korea New Energy Forum in Perth on Monday, 15 June. 🇦🇺🇰🇷

Co-hosted with the Embassy of the Republic of Korea, the New Energy Forum brought together senior leaders from industry, government and research for an afternoon of insights, discussion and connection across the energy transition.

We were pleased to welcome both members and non-members to this flagship event, focused on strengthening Australia–Korea collaboration through knowledge exchange on key sectors, emerging initiatives and recent developments. Discussions also underscored the importance of energy intersecurity in supporting a more connected and resilient transition.

A sincere thank you to our speakers and panellists for sharing their expertise and real-world perspectives across key sectors, including:
✅ Bilateral collaboration on carbon neutrality, with projects focused on green carbon and CO₂ storage
✅ The Tangkam BESS Project, marking Korea Overseas Infrastructure and Urban Development Corporation’s first entry into the Australian power market to support grid stability amid renewable energy expansion
✅ Progress in large-scale hydrogen and green industry projects moving into feasibility and early delivery, supported by stronger funding, partnerships and offtake pathways
✅ Deepening collaboration across decarbonisation, project development and financing support

We also held a private dinner in Perth with key stakeholders and high-tier members of the AKBC in Perth. This intimate dinner with Hon. Martin Ferguson AM, the Chair of the AKBC, The Hon David Michael MLA, WA Minister for Mines and Petroleum and Mr Jimin Kim, Chargé d’Affaires a.i. of Korea to Australia, enabled a focused exchange of insights and strengthened connections within the Australia–Korea business community in Western Australia.

This level of engagement highlights the continued importance of the Australia–Korea partnership in supporting energy security, supply chain resilience and long-term regional collaboration. We thank our supporting partners, Department of Energy and Economic Diversification, InterContinental Energy, Low Emission Technology Australia, Woodside Energy and Harmony Agriculture & Food Company for their support of the New Energy Forum.

📩 Missed this event? Subscribe to our e-newsletter to stay informed on upcoming events 👉 https://akbc.glueup.com/org/akbc/subscriptions/

📢 𝗡𝗘𝗪𝗦 📢 BP has entered into an agreement to dilute a 5% interest in the Browse project in Western Australia to South Ko...
05/06/2026

📢 𝗡𝗘𝗪𝗦 📢

BP has entered into an agreement to dilute a 5% interest in the Browse project in Western Australia to South Korea’s GS Energy, with BP retaining a 39.33% working interest. The transaction marks GS Energy’s entry into one of Australia’s largest undeveloped gas projects.

The proposed Browse to North West Shelf (NWS) Project involves producing gas from Browse — Australia’s largest undeveloped offshore gas resource — and processing it at the NWS Project’s Karratha Gas Plant. BP and its partners continue to see long-term value in the project, including its role in supporting energy security in Australia and the wider region.

Korean media have reported GS Energy’s acquisition as participation in a major LNG development project in Western Australia valued at approximately A$48.7 billion, highlighting Korea’s continued interest in Australia’s energy sector and long-term LNG supply.

Other major participants in this project include Woodside, MIMI/Japan Australia LNG and PetroChina.

Why this matters:
🔹Energy remains a key pillar of the Australia–Korea economic relationship
🔹Korean investment continues to support major Australian energy projects and long-term regional energy security
🔹Browse is one of the most significant LNG developments in the Asia-Pacific region and could play an important role in future energy supply
🔹Australia and Korea’s energy and economic security are interdependent.

Read more below 👉
https://www.bp.com/en_au/australia/home/media/press-releases/update-on-bps-interest-in-Browse.html
https://v.daum.net/v/20260602170509567

📩 Follow us, or sign up for our monthly eNewsletter to stay up-to-date on news in the Australia-Korea corridor 👉 https://akbc.glueup.com/org/akbc/subscriptions/

📢 NEW SPEAKERS ANNOUNCED 📢We are pleased to announce additional speakers for the 7th Australia–Korea New Energy Forum, t...
04/06/2026

📢 NEW SPEAKERS ANNOUNCED 📢

We are pleased to announce additional speakers for the 7th Australia–Korea New Energy Forum, taking place on Monday, 15 June 2026, in Perth.⁠
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⁠Under the theme ‘A Future Made in Australia: From shared vision to joint action with Korea in the new energy era', the New Energy Forum will focus on building partnerships that translate shared ambition into practical outcomes aligned with Australia’s Future Made in Australia agenda. ⁠

🎤 Andrew Decet, Head of Corporate Affairs. Business Development and Commercial and Technical Energy Development, Woodside Energy
🎤 Dr Paul Grimes PSM, Chief Executive Officer, Austrade
🎤 Wenona Hadingham, Executive Director, Planning, Analysis and Decarbonisation Policy, Energy Policy WA, Department of Energy and Economic Diversification
🎤 Simone Spencer, Deputy Director General, Strategy, Performance and International Engagement, WA Department of Energy and Economic Diversification

Want to see the full speaker lineup? Visit our website 👉 https://www.akbc.com.au/events

Event Details:
📅 Date: Monday 15 June 2026
🕒 Time: 3:00 PM AWST for a 3:30 PM AWST start, concluding at 6:00 PM AWST
📍 Location: Perth CBD, Western Australia

Tickets include attendance at the New Energy Forum and the facilitated networking reception. Due to limited capacity, attendance is capped at two representatives per company.

Register now 👉 https://lnkd.in/gimgUv_h

We extend our sincere thanks to our partners and supporters, including Invest and Trade Western Australia, Low Emission Technology Australia, Woodside Energy, InterContinental Energy and Harmony Agriculture & Food Company.

We look forward to welcoming you to Perth!

What a fantastic night in Brisbane!⁠⁠The AKBC Member Meet-Up, hosted in conjunction with POSCO International and Senex E...
04/06/2026

What a fantastic night in Brisbane!⁠
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The AKBC Member Meet-Up, hosted in conjunction with POSCO International and Senex Energy, brought together members and guests from across the Australia–Korea business community for an evening of valuable conversations, new connections and relationship building. 🇦🇺🇰🇷⁠
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We were delighted to partner with POSCO International and Senex Energy to deliver the event and provide members with the opportunity to engage with leaders from across the bilateral network.⁠
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A special acknowledgement to those who shared remarks and insights throughout the evening:⁠
🔹 Daniel Kim, AKBC Board Member and CEO, Revera Energy⁠
🔹 Darren Stevenson, CEO, Senex Energy⁠
🔹 Yumi Han, Chief Representative, POSCO International Corp., Senex Holdings, and Managing Director, POSCO International Corp., Brisbane⁠
🔹 Mr. Seong-Yeon Kim, Consul General of the Republic of Korea in Brisbane⁠
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Their contributions reinforced the strength of the Australia–Korea relationship and the importance of ongoing collaboration across the energy sector and wider business community.⁠
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It was wonderful to see such strong engagement from AKBC members and stakeholders.⁠
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The Member Meet-Up series will continue in cities across Australia, and we look forward to welcoming many of you at future events.⁠
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📩 Interested in hosting the AKBC Member Meet Up at your office next year? Reach out to us and send us an email to [email protected]. ⁠
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Want to know what it's like to be an AKBC member? Register to the next AKBC Member Quarterly Update online 👉 https://akbc.glueup.com/event/akbc-member-quarterly-update-3-178507/

Thank you to everyone who joined us in Adelaide for the South Australia–Korea Business Roundtable and Unlocking Opportun...
04/06/2026

Thank you to everyone who joined us in Adelaide for the South Australia–Korea Business Roundtable and Unlocking Opportunity: The Value of Engaging with the Australia–Korea Business Council and the Joint Meeting. 🇦🇺🇰🇷

On Friday, 8 May 2026, we convened our members and stakeholders at Invest South Australia, for a South Australia–Korea Business Roundtable that brought together members and stakeholders with the AKBC Board to discuss strategic priorities and opportunities across the South Australia–Korea corridor.

The afternoon program focused on the practical value of engaging with AKBC and participating in the Joint Meeting. This included an overview of AKBC’s work to support members, followed by a panel discussion exploring how the Joint Meeting provides access to senior decision-makers, market insights, and partnership opportunities.

We acknowledge Minister Lawrence Ben MP for attending and sharing his insights, and Invest South Australia for hosting the event. The day concluded with networking over drinks, providing an opportunity to continue conversations in a more informal setting.

A special thank you to KimchiClub for supporting the event with a selection of kimchi, adding a Korean touch to the networking experience. ✨

Thank you to all AKBC Members and stakeholders who contributed to a thoughtful and engaging discussion.

Want to maximise your opportunities at the 47th AKBC-KABC Joint Meeting? Contact Belinda Altadonna, Head of Strategic Partnerships and Events at [email protected] or download the Partnership Prospectus below 👇
https://www.akbc.com.au/node/859

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