Latest Australian It Market News

Finbar Group has completed settlement on a prime South Perth development site valued at approximately $187 million, advancing its substantial $1.2 billion project pipeline with a market launch planned for 2026.

Finbar Group Limited highlights strong sales momentum in 2025, underpinned by a $1.2 billion development pipeline and a buoyant Western Australian apartment market driven by migration and undersupply.

LGI Limited reported robust FY25 results with a 14% rise in EBITDA and secured six new contracts, positioning the company for a 25-30% EBITDA increase in FY26. Key project completions and expansions underpin this momentum.

Superloop Limited has delivered a standout FY25 with strong revenue growth and a positive net profit after tax, accelerated by strategic acquisitions and market share gains. The company sets an ambitious FY26 guidance, underpinned by a new $300 million loan facility and expanding fibre footprint.

The ACCC has decided not to oppose Southern Cross Media’s proposed acquisition of Seven West Media, citing limited competition concerns amid evolving digital media landscapes.

ARN Media reports a challenging second half of FY 2025 with a 10% revenue decline and expects EBITDA to fall 25%-27%, while advancing a $40 million cost reduction program and repositioning as an entertainment business.

Jumbo Interactive reported a resilient FY25 with $145 million revenue and $69 million EBITDA despite subdued jackpot activity, while outlining a strategic push into SaaS, managed services, and prize draw markets in the UK and US.

TPG Telecom has secured shareholder approval for a $3 billion capital return, marking a pivotal step in its transformation to a mobile-focused business. The company also introduced a Reinvestment Plan aimed at boosting minority ownership and liquidity.

Perpetual Credit Income Trust (PCI) has announced a $267 million entitlement and shortfall offer priced at $1.10 per unit, aiming to bolster its investment capacity in Australian credit markets. The offer presents a 9.1% discount to recent trading prices and is designed to enhance liquidity and scale for existing and new investors.

Macquarie Group Limited has announced a quarterly distribution of AUD 1.6773 per security for its capital note, payable on December 10, 2025, reflecting a stable income stream for investors.

REA Group reported a solid start to FY26 with 4% revenue growth and a key acquisition that enhances its AI-driven property technology portfolio. Despite challenges in India, the Australian market’s strong yield growth and product adoption underpin a confident outlook.

oOh!media reports a 7% revenue increase in Q3 2025, slightly ahead of prior guidance, but flags challenges from a key New Zealand contract loss and softer advertising demand in October.