This Month
- Opinion
- Chanticleer
How CEOs are using AI, from driverless forklifts to bird counts
Everyone’s doing it, but are they doing it properly? Here is a fascinating snapshot of what Australian companies are doing with artificial intelligence.
- Anthony Macdonald and James Thomson
- Opinion
- Chanticleer
‘Overvalued’: Early verdict on DigiCo float feels like a GyG rerun
David Di Pilla cleverly and quickly seized on the hottest story in markets to get his listing away. But a bigger debate is brewing on the data centre sector.
- James Thomson
November
Di Pilla’s $4b data centre play books December debut on ASX
The much-heralded float from the deal-making dynamo taps into one of this year’s hottest themes across the infrastructure, technology and property sectors.
- Nick Lenaghan
Salter Brothers zero in on Brisbane telco reseller; launches raise
Street Talk understands the Melbourne-based technology fund has entered into exclusive terms for a 100 per cent acquisition of Bigblu Broadband’s SkyMesh.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October
Australia’s fibre backbone race picks up speed
The Vocus Group’s $5 billion purchase of fibre networks reflects the intensifying competition among companies installing the cables that will handle data for the nation’s digital needs.
- Jenny Wiggins
Cooper Investors slams Verizon’s Frontier takeover price
The Australian fund manager is the first shareholder to publicly say it plans to vote against the $14 billion deal.
- Matthew Cranston
Young people, Telstra sceptics: How Boost CEO plans to grow telco
The pre-paid telco backed by Peter Adderton and Paul Keating claims to be gaining market share in an industry that CEO Jason Haynes says is riddled with too many choices.
- Jenny Wiggins
September
Optus communications ‘manifestly inadequate’ in 2023 phone outage
Senators want new rules to force telco groups to keep the public updated when phone and internet connections fail.
- Updated
- Jenny Wiggins
August
TPG Telecom cuts 120 jobs as interim profits slide
The telco group, which is carrying more than $4 billion in debt, says it needs to keep reducing its expenses.
- Jenny Wiggins
Aussie Broadband pays first dividend, cuts jobs
Aussie Broadband declared its first-ever dividend after it connected more customers to the internet, boosting annual net profit by 21 per cent.
- Jenny Wiggins
- Exclusive
- Chanticleer
ASIC puts Macquarie’s $20b AirTrunk sale on private markets watchlist
ASIC will spend the next two years looking at private markets deals, including a deal-of-the-year in the making.
- Anthony Macdonald
- Opinion
- Governance
The ASX’s legal mess reveals deep-rooted problems in boardrooms
Court action against the ASX over its bungled CHESS replacement project reflects a worrying escalation in the box-ticking, compliance culture inside Australian boardrooms.
- Updated
- Tony Boyd
July
Former TPG Telecom email customers to be slugged up to $95 annually
Accounts with iiNet, Internode and Westnet addresses will start paying a yearly fee from September after they were transferred to a Norwegian-owned company.
- Jenny Wiggins
IT outage: ‘significant’ cost to Australian economy
Australian companies and services are struggling with knock-on effects from an unprecedented global IT outage caused by a simple software update.
- Updated
- Savannah Meacham and Samantha Lock
Aussie Broadband discount offshoot Buddy chases lost customers
Aussie Broadband is hoping to win back some of the customers lost to rival Superloop with a new, cheap internet brand, Buddy Telco.
- Jenny Wiggins
Liverpool Partners hires Macquarie Capital for Seisma sale
Diligence materials on Seisma, which makes close to $25 million in earnings, are in front of a small group of offshore strategics and local sponsors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June
‘Private AI’ surge powers Equinix’s $240m data centre expansion
The surge in AI use adds to existing drivers for data centre demand, including cloud computing and increasing consumption of streaming services and social media.
- Nick Lenaghan
Businesses hit the brakes on large pay rises
The pandemic era of inflated salary increases appears to be over as the economy slows and skills shortages ease.
- Euan Black
May
Optus loses appeal to keep Deloitte report on cyberattack secret
The decision means information in a report commissioned by Optus into the causes of its 2022 cyberattack will be given to a class action law firm.
- Jenny Wiggins
More jobs go at Downer EDI in efficiency drive
Dozens of employees have lost their jobs in a new wave of cost-cutting including senior executives and people in the engineering group’s IT operations.
- Jenny Wiggins