Latest Australian It Market News

The ACCC has referred Ampol’s acquisition of EG Australia to a detailed Phase 2 review, citing concerns that the deal could significantly reduce competition in key Australian fuel markets.

The ACCC has referred Ampol’s acquisition of EG Australia to a detailed Phase 2 review, citing significant competition concerns in multiple Australian fuel markets. Ampol’s proposed divestments have so far failed to satisfy the regulator.

Mastermyne Group has extended its exclusive distribution agreement with Jennmar Holdings for critical strata consolidation products by a decade, locking in supply until 2047. This move strengthens its foothold in the Australian underground coal mining sector.

Origin Energy has announced it will keep the Eraring Power Station operational until April 2029, extending its life by nearly two years to bolster NSW’s energy security during the shift to renewables.

Rent.com.au has achieved a record quarterly revenue exceeding $1 million, driven by strong recurring income from its RentBond® and RentPay products. This milestone underscores the company’s evolving business model and solid financial footing.

1414 Degrees secures critical approvals from AEMO and ElectraNet for its 140 MW Aurora Battery Energy Storage System, advancing the project toward grid connection and commercial operation in 2026.

betr Entertainment has reported a robust 24.5% increase in turnover for Q2 FY26 alongside a strategic on-market share buy-back of up to 10%, signalling confidence in its intrinsic value and growth prospects.

BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for a broad suite of Australian iShares ETFs, with key dates set for January 2026. Investors are reminded to update details and consider the Distribution Reinvestment Plan ahead of the record date.

BlackRock Investment Management (Australia) Limited has announced final cash distributions for 16 Australian-listed iShares ETFs, with payments scheduled for early January 2026. The announcement outlines distribution amounts, key dates, and important investor compliance reminders.

AEMO forecasts a severe domestic gas shortage in Western Australia from 2028, spotlighting H3 Energy’s Warro gas field as a critical potential solution amid rising prices and technical hurdles.

BlinkLab Limited has appointed its Co-Founder and CEO, Dr Henk-Jan Boele, as Managing Director to steer the company through its pivotal FDA 510(k) trial for its autism diagnostic technology. The move coincides with key board changes and signals a strategic shift as BlinkLab prepares for early commercialisation.

Freightways Group Limited is set to acquire VT Freight Express for A$71 million, marking a strategic expansion into Australia's B2B express delivery market. The acquisition is expected to boost earnings and complement Freightways’ existing B2C operations.