Latest It Services News

Insurance Australia Group (IAG) reported a resilient first half of FY26 with an underlying insurance profit of $804 million and maintained its full-year guidance despite integration challenges from the RAC Insurance acquisition.

EROAD Limited’s CEO Mark Heine has announced his resignation effective June 2026, concluding an 11-year tenure marked by significant company growth across multiple regions.

Superloop warns of a potential $4 million annual gross margin impact following AGL Energy's decision to divest its telecommunications business, with subscriber migration expected in early 2027.

Connexion Mobility Ltd reported a 7% rise in revenues and a 5% increase in profit after tax for the half-year ended December 2025, while expanding its SaaS footprint and acquiring a strategic stake in Covertrue Group.

Kaiser Reef has transformed the Union Hill waste dumps at its Maldon Gold Project into a significant low-grade gold stockpile, supporting profitable processing at Porcupine Flat through 2030. The company also announced new management appointments and ongoing exploration initiatives.

Element 25 Limited is making significant strides in its Butcherbird Expansion Project, targeting a manganese concentrate output of 1.1 million tonnes per annum with key contracts shortlisted and financing progressing.

Domino’s Pizza Enterprises has appointed Andrew Gregory, a seasoned McDonald’s executive, as its new Group CEO and Managing Director, effective by August 2026. This leadership change aims to drive franchisee profitability and disciplined growth across Domino’s global network.

Arena REIT reported a remarkable 202% jump in net profit for the half-year ending December 2025, driven by significant property revaluation gains and steady rental income growth. Distributions rose 5%, supported by an expanded and fully leased portfolio of early learning and healthcare properties.

Bravura Solutions has delivered a robust first half of FY26, posting nearly 10% revenue growth and a significant jump in profitability, while rewarding shareholders with a special dividend. The company also upgraded its full-year guidance, signalling confidence in its growth trajectory.

Kelly Partners Group Holdings has announced an on-market buy-back of up to 300,000 ordinary shares, aiming to optimise capital structure without requiring shareholder approval.

Bravura Solutions reported a solid 9.8% increase in underlying revenue for the half-year ending December 2025, despite the absence of prior non-recurring licence sale income. The company also announced a new CEO appointment and declared both interim and special dividends.

Kelly Partners Group Holdings Limited has reported a robust 17% increase in revenue for the first half of 2026, driven by strategic acquisitions and expanding international operations, particularly in the US.