Latest It Services News

De.mem Limited has successfully integrated Core Chemicals Pty Ltd, exceeding initial revenue expectations and setting the stage for geographic and sector expansion in the Australian gold mining chemicals market.

Pacgold has finalized its acquisition of the White Dam Gold Operation in South Australia, setting the stage for a near-term production restart with modest capital investment. The move complements its Queensland projects and offers a clear path to cash flow.

Harmoney has secured a $15 million revolving debt facility from a major Australian bank, refinancing its previous loan at a significantly lower margin and underpinning future growth.

Bendigo and Adelaide Bank reveals a strategic acquisition of RACQ Bank’s retail portfolio and outlines a comprehensive AML remediation plan, positioning itself for growth and enhanced operational resilience.

Bendigo and Adelaide Bank has agreed to acquire RACQ Bank’s retail lending assets and deposits, expanding its customer base and enhancing geographic diversity. The deal is expected to be accretive to earnings and align with the bank’s 2030 return targets.

WestStar’s subsidiary SIMPEC has landed a $4.5 million contract to modify Fortescue’s Solomon Power Station, supporting the energy giant’s transition to renewables in the Pilbara.

Cash Converters has completed a $37.1 million acquisition of 29 franchise stores across Australia’s East Coast, aiming to boost earnings and operational efficiency from year one.

Queste Communications reported a slight net cash outflow from operations in November 2025 but maintains robust liquidity supported by a substantial loan facility and liquid ASX-listed investments.

Helloworld Travel has secured crucial ACCC approval for its proposed acquisition of Webjet, advancing its plan to consolidate travel distribution in Australia and New Zealand.

Ryzon Materials has updated its prospectus to include a $3.5 million engineering contract with Yantai, alongside a detailed revision of its capital allocation for the Nachu Project. The changes reflect a strategic step in advancing its lithium-ion battery materials development.

Swoop Holdings has announced a $10 million entitlement offer to fund its Melbourne Fibre Project, following a strong FY25 performance marked by 20% revenue growth and positive free cash flow. The company is sharpening its strategic focus on mobile, nbn, and fibre services amid board changes and divestments.

Swoop Holdings launches a $10 million entitlement offer to fund its Melbourne Fibre Project, while initiating a board renewal following shareholder feedback and upcoming EGM challenges.