news
Strong dollar hurts Infomedia
20 Aug 2008 | MIS.Online | Paul SmithAustralian automotive software and services business Infomedia has posted its second consecutive drop in annual profit, returning an after tax result of $13.06 million.
Melbourne IT on target
19 Aug 2008 | MIS.Online | Ben WoodheadMelbourne IT is on track to hit its full year earnings target after the company today reported a 20 per cent jump in net income and a 12 per cent rise in revenue to $86.7 million for the six months to June 30.
Policy pipeline forces Canberra's hand
19 Aug 2008 | MIS.Online | Chris JenkinsListed IT services group Oakton says the uncertainty around federal government IT spending is lifting.
Commander split in two for sale
19 Aug 2008 | MIS.Online | Ben WoodheadCommander Communications faces a carve up and sale over the next 12 weeks as receiver McGrathNicol begins taking expressions of interest from businesses keen to acquire a chunk of the company.
3 signs for Next G roaming
19 Aug 2008 | MIS.Online | Paul SmithHutchison Telecommunications plans to extend network coverage for its 3 mobile brand to areas covering 96 per cent of the population by the first half of next year. The plan includes an agreement that will allow Hutchison customers to use parts of Telstra's Next G Network.
Dunai plans IRESS handover
19 Aug 2008 | MIS.Online | Chris JenkinsManaging director and founder of listed markets data and wealth management group IRESS Market Technology Limited, Peter Dunai, will step aside from the position in May 2010.
JB Hi-Fi says sales till strong
19 Aug 2008 | MIS.Online | AAPElectronics retailer JB Hi-Fi Ltd has reported a 61.2 per cent lift in annual profit and says sales in the first two months of the new financial year have been very strong.
Out of the box
19 Aug 2008 | The Australian Financial Review | Ben Woodhead and Chris JenkinsIt's barely 20 years since the personal computer became a fixture in the office, but the days of the desktop PC are numbered.
BlueScope takes $11m hit for Movex
19 Aug 2008 | The Australian Financial Review | Ben WoodheadMetals manufacturer BlueScope Steel has taken an $11 million write-down on a business software platform it began installing barely four years ago as it prepares to extend technology it acquired with Smorgon Steel Distribution last year. The write-down, reported in BlueScope's full-year financial accounts yesterday, is the first confirmation of the financial impact of the company's plans to dump the Movex enterprise resource planning system it was installing in Lysaght Australia.
Telstra's Burgess heading home
18 Aug 2008 | MIS.Online | AAPTelstra's head of public policy and communications Phil Burgess is leaving the company and will return to the US, due to illness in his family.
Internode names new CEO
18 Aug 2008 | MIS.Online | Michael CrawfordInternet service provider Internode has named Patrick Tapper as its new chief executive officer following a management restructure.
Seek posts 37pc profit rise
18 Aug 2008 | MIS.Online | AAPOnline employment agency Seek Ltd has lifted full year profit by 37 per cent, and says its confident of improving profitability further in the current year.
Telstra eyes overseas options beyond network bid
18 Aug 2008 | The Australian Financial Review | Paul Garvey with wiresTelstra Corp chief executive Sol Trujillo said the telecommunications giant could step up its overseas investments, boosting interests in China or expanding into other countries, should it lose out in its bid to build the national broadband network.
Mr McMeld starts on Westpac-St George
18 Aug 2008 | The Australian Financial Review | Ben WoodheadWestpac will begin locking down plans to integrate its IT systems with those of $18.6 billion acquisition target St George from today, as Bob McKinnon moves into its executive suite.
On the cards: marketing gets personal
16 Aug 2008 | The Australian Financial Review | Ben Woodhead and Paul SmithCompanies are amassing ever more precise information on individual customers.
Pressure on Telstra to keep lid on costs
15 Aug 2008 | The Australian Financial Review | Tracy LeeTelstra Corp will have to show a steady stream of cost savings over the next two years if it is to hit its earnings margin target for 2010 as capital expenditure rises.
Currency woe for Integrated Research
15 Aug 2008 | MIS.Online | Chris JenkinsListed software and voice over IP group Integrated Research Limited has blamed the Australian dollar's surge against the greenback and the pound for restricting it to a modest 6 per cent lift in net profit for 2007-08, but says 2009 should see continuing strong growth in sales of its PROGNOSIS server performance management software.
Union push for IBM beachhead
15 Aug 2008 | The Australian Financial Review | Mark SkulleyIBM Australia faces the possibility of legally protected industrial action at its high-security national operations centre in Sydney as some employees push for better pay and conditions that would give unions a beachhead at the IT giant.
ASG lifts on robust sales
15 Aug 2008 | The Australian Financial Review | Ben WoodheadOutsourcer ASG Group has shrugged off concerns that economic uncertainty could put a squeeze on IT spending, pledging strong growth as it chases about $700 million of potential deals.
ASX platform under scrutiny
15 Aug 2008 | The Australian Financial Review | Julian BajkowskiAn overhaul of the ageing SYCOM futures trading platform that is running a year late has drawn the attention of financial regulator the Australian Securities and Investment Commission (ASIC).
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