Australian telecommunications and media company Telstra (ASX: TLS, NZX: TLS) is continuing with its plans to lay-off the 900 operational employees announced several weeks ago, according to a statement released today by the Communications Electrical Plumbing Union.
The NBN Co. has finished the three initial stages of a primary software installation. The new software systems will upgrade its inventory tracking on fiscal management while the NBN is being built.
Australia's major TV subscription provider Austar United Communications Ltd (ASX:AUN) has reported a 42 per cent drop in first-half profits.
Cairns Airport has set its sights on Singapore as it continues to strengthen its international services network.
Insurance Australia Group is the most recent insurance firm to report a poor performance for the previous fiscal year, as the season for reporting profit has turned sour for investors in insurance shares.
The Broadband Industry Training Network, a newly formed group, will convene in Melbourne tomorrow to address the lack of skilled technicians needed to construct the national broadband network.
Telstra Corp. has been ordered by court to pay fines to the Commonwealth worth $18.55 million for violating the Trade Practices Act and its conditions for carrier licence by locking out other broadband companies from its telephone dealings.
The International Pilots Association has filed a case against Qantas, charging the major airline company of breaking the Fair Work Act.
The Australian government appointed the country’s first aircraft noise ombudsman, cutting the work out for the new official.
Optus today announced that it will offer the iPhone 4 in Australia on July 30 with a range of plans.
An economic analyst has suggested the hyped debate over Australia’s sustainable population has overshadowed the country’s problem on housing shortage.
A Coalition decision to shelve national broadband network project will ''take Australia back to 2004'' and lengthen Telstra’s hold on the market, Telstra’s rivals say.
The Directors of data and transaction services company Connxion Ventures Limited (ASX: CXN) today announced that based on June billings and unaudited financial accounts, full-year revenue for 2010 are now expected to be $12.6 million, a 14.5 percent increase on the previously announced forecast of $11 million.
Australia's biggest insurer by market value QBE Insurance Group Ltd. recorded the biggest drop in Sydney trading in five months as it reported first half profits were off target.
The Gold Coast’s Oracle development will house prime luxury in two high-rise towers when the hotel opens some time before the year ends.
Australian mining firm Anglo American Plc has resumed operations in its Drayton coal mines after an accident this morning that affected five workers, hospitalizing four.
Australian mining firm Anglo American Plc has resumed operations in its Drayton coal mines after an accident this morning that affected five workers, hospitalizing four.
AGL Energy has announced that it has successfully diverted some of its debts to the American market as a part of its scheme to make the firm’s debt maturity longer and to diversify its sources of financing.
Premier Mike Rann of South Australia says the federal government’s scheme to integrate more green energy into Australia’s power grid is very good news for their state.
Workers for Australian telecommunications and media company Telstra (ASX:TLS, NZX:TLS) will have little sympathy for their discharged colleagues, says the union representing many of the telco's employees.
Facebook announced on its official blog that the number of people using the social-networking site had reached 500 million. The figures mean one in every 14 people on the planet has now signed up to the online community.
Solid growth in the number of passengers will fuel continued expansion of Tiger Airways' Australian operations after a loss of $S600,000 ($496,941) in 2009-10, according to the airline's annual report.
iiNet has announced the release of its bonded ADSL service offering, making it the first internet service provider in Australia to provide such optimized services. The deployment of the bonded DSL technology, which can likely double network speeds by integrating two copper wire pairs, is aimed at the SME market.
Macquarie bank (ASX:MQG) is the chief creditor to the TPG-Carlyle consortium buying Australia's second-largest hospital owner Healthscope, with the banker having about $150 million in committed funds out of total funded facilities of $1.2 billion and another $300m in committed but undrawn funds.
The growth in the number of Melbourne-Sydney passengers in May is because of the come back of business travellers, according to federal government figures released yesterday.
TPG and Carlyle will pay Healthscope $2.7 billion, the largest takeover offer for from a private equity concern in more than four years, for Australia's second-largest hospital owner.
Singapore-based commodity trader Olam International Ltd. has expressed plans to buy into NZ Farming Systems Uruguay Ltd. offering NZ$109.6 million ($77 million).
Synlait Milk Ltd., a New Zealand milk processing firm, will now have better chances of doubling its capacity at its South Island plant because of a new offer from Bright Dairy & Food Co.
Singapore-based commodity trader Olam International Ltd. has expressed plans to buy into NZ Farming Systems Uruguay Ltd. offering NZ$109.6 million ($77 million).
Singapore-based commodity trader Olam International Ltd. has expressed plans to take control of NZ Farmin Systems NZ Farming Systems Uruguay Ltd. offering NZ$109.6 million ($77 million).