Latest It Services Sector News

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Domain Holdings Australia has received a draft class ruling from the ATO that aligns with its previously disclosed tax positions for the upcoming CoStar acquisition scheme. The final ruling, expected post-implementation, will provide definitive tax clarity for shareholders.
Victor Sage
Victor Sage
29 July 2025
Resource Development Group, majority-owned by Mineral Resources, has entered voluntary administration after a funding request was declined. Mineral Resources plans to support the process but will record a significant impairment in FY25.
Maxwell Dee
Maxwell Dee
28 July 2025
Mineral Resources Limited’s majority-owned Resource Development Group has entered voluntary administration, prompting MinRes to prepare for a significant non-cash impairment in its FY25 results. The unfolding administration process raises questions about the future of RDG and its impact on MinRes shareholders.
Maxwell Dee
Maxwell Dee
28 July 2025
Jcurve Solutions has raised $1 million through a strategic share placement at a significant premium, bringing on a new investor with deep Oracle NetSuite expertise and appointing a nominee director to its board.
Sophie Babbage
Sophie Babbage
28 July 2025
Supply Network Limited has announced a fully franked ordinary dividend of AUD 0.38 per share for the fiscal year ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 2.5% discount on new shares.
Victor Sage
Victor Sage
25 July 2025
Cuscal Limited announces the retirement of long-serving CFO Sean O’Donoghue in late 2025 and the appointment of Jennifer Brice as his successor, signaling a seamless leadership transition as the company remains on track to meet its FY25 forecasts.
Claire Turing
Claire Turing
25 July 2025
The Foreign Investment Review Board has approved CoStar Group’s acquisition of Domain Holdings, clearing a major regulatory hurdle ahead of the shareholder vote scheduled for August 4.
Sophie Babbage
Sophie Babbage
24 July 2025
PEXA’s UK arm has secured a formal commitment from NatWest to implement its digital platform for remortgage and sale & purchase transactions, marking a pivotal step in PEXA’s UK expansion.
Sophie Babbage
Sophie Babbage
24 July 2025
Hutchison Telecommunications (Australia) Limited has been suspended from ASX trading following compulsory acquisition notices issued by its Amsterdam-based parent company.
Sophie Babbage
Sophie Babbage
22 July 2025
Insignia Financial has provided an update on its ongoing discussions with CC Capital Partners regarding a potential acquisition via a scheme of arrangement. While talks continue, there is no certainty a deal will be reached.
Claire Turing
Claire Turing
21 July 2025
TAL Dai-ichi Life Australia has obtained all necessary regulatory approvals, including from APRA, to finalize its minority investment in Challenger Limited, acquiring a 19.9% equity stake.
Claire Turing
Claire Turing
18 July 2025
EVZ Limited has issued earnings guidance for FY2025, forecasting revenue between $108 million and $110 million with EBITDA expected around $5.2 million to $5.4 million. The final audited results will be released in late August.
Victor Sage
Victor Sage
18 July 2025