Latest Government It News

DGL Group Limited has reported a larger-than-expected FY25 net loss following an increased goodwill impairment and received a Disclaimer of Opinion from its auditor due to inventory and control issues during a major ERP system rollout.

PWR Holdings announces a pivotal leadership transition alongside the completion of its new global headquarters, reporting a transitional FY25 with mixed financial results but a confident outlook for FY26.

Multistack International Limited reported a net operating cash outflow of A$180,348 for the September quarter but maintains robust cash reserves of A$1.33 million. The company is planning a strategic disposal of its shares in Multistack Australia, signaling a potential shift in its operational focus.

Global Lithium Resources is set to unlock value from its gold assets by spinning them out into a new ASX-listed company, MB Gold, targeting a $6 million IPO in early 2026.

Talga Group has won a SEK 82.6 million (A$13.3 million) grant from the Swedish Energy Agency to advance its low-emission graphite anode project, accelerating its path to commercial-scale production in Sweden.

Avenira Limited has appointed John He as Executive Chairman and CEO, marking a significant leadership reshuffle aimed at advancing the Wonarah Phosphate Project and strengthening strategic partnerships.

Janison Education Group has won a five-year, $1.4 million contract with the Western Australian School Curriculum and Standards Authority to deliver its Online Literacy and Numeracy Assessment, marking a strategic expansion beyond New South Wales.

archTIS has secured a A$250,000 contract to develop new features for its NC Protect product tailored to the U.S. Department of Defense’s Microsoft DoD365 environment, reinforcing its foothold in the U.S. defense sector.

AVITA Medical has appointed Board Chairman Cary Vance as Interim CEO following Jim Corbett's departure, while preliminary third-quarter revenue is expected to reach approximately $17 million.

The ASX has granted key waivers allowing Southern Cross Media to proceed with its acquisition of Seven West Media without shareholder approval, smoothing the way for a major media consolidation.

Etherstack's subsidiary has won a significant £14.2 million contract to supply critical software for the UK's Emergency Services Network, marking a major milestone in mission-critical communications.

Structural Monitoring Systems (ASX – SMN) reports a robust third consecutive profitable quarter, driven by soaring avionics sales and a landmark US defense contract via Canada’s CCC program. Revenue climbs 23% year-on-year, signaling strong momentum in its Special Mission communications business.