Latest Australian It Market News

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Bass Limited’s May 2025 AGM update highlights a strategic acquisition and capital raising to accelerate its emergence as a key Australian gas producer, focusing on Cooper Basin and Indonesian assets.
Maxwell Dee
Maxwell Dee
15 May 2025
Aspen Group has launched a $74 million equity raising to reduce debt and capitalize on growth opportunities in affordable housing, maintaining its FY25 earnings guidance.
Eva Park
Eva Park
15 May 2025
Centuria Office REIT has reaffirmed its FY25 financial guidance while navigating elevated vacancies and fragmented leasing momentum in the Australian office market.
Eva Park
Eva Park
15 May 2025
Insurance Australia Group (IAG) has entered a strategic alliance with The Royal Automobile Club of Western Australia (RAC), acquiring RAC Insurance and securing a 20-year exclusive distribution agreement. This move significantly boosts IAG's presence in Western Australia and is expected to enhance earnings and operational synergies.
Victor Sage
Victor Sage
15 May 2025
Superloop has reached a significant milestone under its exclusive contract with Origin Energy, surpassing 200,000 broadband subscribers on its network. This achievement highlights the growing demand for wholesale internet services in Australia.
Sophie Babbage
Sophie Babbage
14 May 2025
Farm Pride Foods has locked in a $27.57 million financing deal with NAB, refinancing existing debt and backing key capital projects to strengthen its growth trajectory.
Eva Park
Eva Park
9 May 2025
News Corporation reported a modest 1% revenue increase to $2.01 billion and a striking 67% jump in net income for Q3 Fiscal 2025, driven by digital subscription growth and strategic asset realignment including the Foxtel sale.
Elise Vega
Elise Vega
9 May 2025
Generation Development Group (GDG) has forged a strategic alliance with BlackRock, combining local market leadership with global investment expertise to develop innovative retirement income solutions for Australian retirees.
Claire Turing
Claire Turing
8 May 2025
ARN Media reports resilient 2024 financials driven by digital growth and Cody Outdoor contracts, launching a major cost-cutting transformation to sharpen its competitive edge.
Elise Vega
Elise Vega
8 May 2025
XPON Technologies Group has acquired Alpha Digital for $1.72 million upfront plus performance earn-ins, immediately adding $4 million in recurring revenue and fast-tracking its path to profitability.
Sophie Babbage
Sophie Babbage
5 May 2025
XPON Technologies has agreed to acquire Alpha Digital, a leading Australian digital marketing firm, in a deal designed to fast-track AI-driven growth and profitability. The acquisition adds $4.6 million in revenue and sets the stage for expanded AI-powered marketing solutions.
Sophie Babbage
Sophie Babbage
5 May 2025
Zimi Limited confirms $1.42 million in open orders with key distributor GSM Electrical, backed by shareholder approval for up to $6 million in future sales. The company also advances its commercial market ambitions through a new partnership with Zencontrol.
Sophie Babbage
Sophie Babbage
1 May 2025