Latest Operational Technology News

Transurban Group is streamlining operations with a workforce reduction of around 300 roles, targeting over $50 million in annual cost savings while maintaining its FY25 distribution guidance.

Transurban Group is streamlining operations with a workforce reduction of approximately 300 employees, aiming to save over $50 million annually while maintaining its FY25 distribution guidance.

NEXION Group Ltd reported a 5.45% revenue increase to $1.16 million for Q1 2025, driven by new satellite communication projects in Western Australia's iron ore sector and a strategic reduction in operating costs.

Auswide Bank Ltd's shares have been suspended from trading following court approval of its acquisition by MyState Bank Limited, marking a significant consolidation in the Australian retail banking sector.