Latest Government It News

Magellan Financial Group has finalised its merger with Barrenjoey Capital Partners, forming a diversified financial services group poised to rebrand as Barrenjoey Group Limited. The combined entity appoints Brian Benari as CEO and David Gonski AC as Chairman, signalling a strategic expansion across investment management, financial markets, and corporate finance.

Abacus Storage King has finalised its internalisation process, appointing Nikki Lawson as CEO and rebranding to Storage King Group with a new ASX ticker SKG.

Black Rock Mining has secured an extension of its US$204 million debt facility to November 2026, providing more time to finalise equity funding for the Mahenge Graphite Project in Tanzania.

Objective Corporation loses a longstanding Department of Defence support contract, impacting future recurring revenue but maintaining a commitment to sovereign tech innovation.

Kinetiko Energy has approved a Field Development Plan marking its shift from exploration to production at the Brakfontein gas project in South Africa, aiming to fast-track gas output and secure strategic funding.

Archer Materials has secured a three-year strategic deal with IonQ, the global quantum computing leader, gaining access to advanced quantum cloud services and exploring onshore deployment of quantum hardware in Australia.

archTIS has locked in a $3.2 million contract with the Australian Department of Defence, renewing Kojensi Enterprise licensing and boosting application development and maintenance services. This deal underpins a key source of recurring revenue and strengthens archTIS’s foothold in Defence’s classified ICT environment.

DXN Limited has landed a $1 million contract to deliver a Cable Landing Station in American Samoa, reinforcing its foothold in Pacific telecom infrastructure while divesting a non-core Tasmanian data centre.

St George Mining delivers a new benchmark intercept of nearly 200 metres of continuous high-grade rare earths and niobium from surface at its Araxá project, reinforcing its scale and open-pit potential.

IperionX has won up to US$6.6 million from the US Department of War to scale production of ballistic-grade titanium plate and military components, aiming to reduce reliance on imports and strengthen domestic supply chains.

Centuria Capital Group has secured a 50% stake in prime Sydney CBD offices for $454 million, launching a new fund targeting a 7.5% annual yield and backed by domestic and Japanese investors.

International Graphite Limited has appointed Liam Farley, CEO of Xcelsior Capital, to its board and increased its placement to $4.4 million, reinforcing its strategic push in graphite processing across Australia and Europe.