Latest Technology Infrastructure News

Commonwealth Bank of Australia reported a robust FY25 with a $10.1 billion net profit, increased dividends, and accelerated technology investments despite global uncertainties.

Commonwealth Bank of Australia reported an 8% rise in net profit to $10.1 billion for FY25, supported by steady lending growth and a 5% revenue increase. The bank declared a fully franked final dividend of 260 cents per share, underscoring its robust capital position and ongoing technology modernization.

Spark New Zealand is selling 75% of its data centre business to Pacific Equity Partners for up to $705 million, aiming to accelerate capacity expansion amid rising cloud and AI demand.

Thrive Tribe Technologies reports early commercial traction with its new digital services model, alongside a completed 20 – 1 capital consolidation and ongoing funding initiatives.

I Synergy Group Limited has strengthened its equity base through multiple capital raises and entered a strategic AI collaboration framework with NASDAQ-listed Treasure Global Inc., signaling a pivot towards advanced technology infrastructure.

Excite Technology Services has reported its highest-ever quarterly customer receipts of $6.3 million, driven by strong growth across its cybersecurity, digital forensics, and IT services divisions. The company also secured a significant $676,000 Federal Government contract and completed its NANGU Tactical Centre.

Victor Group Holdings delivered a positive net operating cash flow of $586k in the June 2025 quarter, driven by its cloud services and e-learning segments, while maintaining a healthy cash position and no external debt.

Air New Zealand has appointed Chief Digital Officer Nikhil Ravishankar as its new CEO, set to take the helm in October 2025, signaling a fresh leadership era focused on innovation and resilience.

I Synergy Group Limited has signed a non-binding MoU with Treasure Global Inc. to explore a strategic collaboration on AI infrastructure, including a potential A$600,000 GPU purchase and joint cloud projects in Malaysia.

Praemium Limited reports a 2.2% increase in funds under administration for Q4 FY25, driven by strong gains in Spectrum and SMA platforms, alongside operational upgrades including AI-driven initiatives. However, OneVue platform experiences a significant decline.

betr Entertainment has achieved positive EBITDA for FY25, exceeding broker forecasts by 15%, driven by successful mergers and technology integration.

Critica Limited has entered a farm-in agreement with Ausgold Limited for its Kulin Gold Project, allowing Ausgold to earn up to 70% interest by funding exploration. This strategic move enables Critica to concentrate resources on its flagship Jupiter Rare Earth Element Project, Australia's largest high-grade clay-hosted rare earth deposit.