Latest Enterprise It News

Swift Networks launches Swift TV, a Google-certified connected TV platform featuring a plug-and-play device and pre-loaded Netflix app, aiming to transform commercial entertainment spaces.

Orion Minerals has successfully closed a Share Purchase Plan raising nearly A$2 million, reinforcing its financial footing as it accelerates towards production. The strong backing from South African shareholders highlights growing investor confidence.

GWA Group Limited reported modest revenue and profit growth for FY2025, driven by disciplined execution amid challenging markets. The company raised its dividend and announced a $30 million on-market share buyback, underscoring confidence in its financial position.

DigiCo Infrastructure REIT has reported FY25 results ahead of forecasts, boosted by the SYD1 data centre’s ‘Certified Strategic’ status and robust development progress across Australia and the US.

MIXI Australia has increased its all-cash takeover offer for PointsBet shares to $1.25 and removed all remaining conditions, making the bid unconditional. The offer closes on 25 August 2025, with MIXI holding nearly 29% of PointsBet and aiming for board influence.

HiTech Group Australia Limited has reported solid growth in revenue and net profit for FY25, underpinned by strong demand in ICT recruitment and contracting services. The company also declared a fully franked 5 cent dividend, reflecting confidence in its financial position.

Pro Medicus has delivered a landmark FY25 with soaring revenue and profit, driven by major contract wins and strategic cloud deployments. The company’s expanding North American footprint and AI initiatives set the stage for sustained growth.

Activeport Group has unveiled Private-Cloud Connect, Australia’s first variable bandwidth fibre network for private cloud services, securing three major data centre customers shortly after launch.

Telstra has reported robust FY25 financial results, driven by underlying EBITDA growth across key segments and disciplined cost management, while announcing an increased dividend and a fresh $1 billion share buy-back.

Telstra has entered a strategic partnership with Infosys by divesting a majority stake in its Versent Group, aiming to sharpen its focus on core connectivity while accelerating digital transformation services through global collaboration.

Eildon Capital Group has entered a joint venture to acquire a large sandalwood plantation in Queensland’s Burdekin Irrigation District, while unveiling a strategic update to its operating model aimed at driving disciplined growth and enhanced returns.

Insurance Australia Group (IAG) reported a robust FY25 with strong premium growth, improved margins, and strategic acquisitions pending regulatory approval. The company projects continued growth and margin stability into FY26.