The Australian share market lost its early morning gains to close at its lowest level since July on concerns about future stimulus programs by central banks.
Western Australian businesses are ahead of the curve in several aspects of e-commerce, reporting more online presence via websites, social networks and use of a digital business strategy than other states, according to the Sensis eBusiness report released today.
The Australian share market has made some solid gains as the prospect of an interest rate hike in the US in September was pared back following some weaker-than-expected US jobs figures on Friday night.
The Australian share market lost steam throughout the afternoon session to close slightly higher as gains in health care, resource and banking stocks offset losses in Woolworths and Telstra.
The share market has closed only modestly higher, despite US markets hitting record levels overnight, weighed down by weakness from market heavyweights Westpac and Telstra.
Telstra will spend an extra $3 billion on its networks and has confirmed it will return $1.5 billion to shareholders in a buyback after its annual profit jumped 36.6 per cent to $5.78 billion.
An increase in office vacancies in Perth's CBD has shifted the market dynamic clearly in favour of tenants, but despite a historically high level of empty floors, there is little choice for companies that need a lot of space.
SPECIAL REPORT: Advances in technology are changing the interaction between healthcare providers and consumers, providing greater competition and choice.
Telstra will be challenged to replace all earnings lost to the National Broadband Network when the rollout of the NBN is completed, says credit ratings agency Moody's.
Australia's retail broadband market, which is dominated by Telstra, Optus and TPG Telecom, needs to lift its game and give consumers better information on broadband speed, the competition regulator says.
Global accounting giant KPMG and insurance group CGU have joined a host of firms searching through Perth's 400,000-plus square metres of vacant office space for new homes.
A local psychological consultancy business has taken top honours at the 2016 Telstra Business Awards after being named Western Australian Business of the Year.
Telstra has confirmed up to 103 job cuts in Perth and 326 nationally, with a union claiming the telecommunications giant's head count would be reduced by as much as 450.
Telstra is branching out into the resources sector, hiring two mining experts and buying a mining communications services business from Brisbane-based CBO Telecommunications.
Telstra customers have rebuffed an offer of a free data day in compensation for yet another network outage, preferring instead for a discount on their phone bill.
Small information and communication technology firms will have more opportunities to win state government work once the GovNext strategy is rolled out, according to chief information officer Giles Nunis.
The state government has shortlisted six companies in the latest phase of its GovNext project to outsource its information and communications technology.
Internet provider TPG Telecom has forecast a strong end to the financial year after its interim net profit nearly doubled, thanks to its $1.56 billion takeover of Perth-grown rival iiNet.
SPECIAL REPORT: The ubiquitous influence of the internet in modern business has brought an uptick in investment in Perth's data storage capacity, and into new high-speed subsea cables.
Telstra is on track to hit its annual financial guidance despite the telecommunications giant posting a flat first half net profit amid intense competition.
The rollout of Australia's new superfast broadband network NBN is gaining traction as the company in charge of building and operating the service delivers strong results.
Telco giant Telstra and national contracting companies Service Stream and BSA have been awarded contracts for the building and maintenance of the national broadband network (NBN).
Rapidly growing online booking company HealthEngine has gained backing from newly established private equity group Go Capital and carsales.com.au founder Greg Roebuck in its latest $5 million capit
A recent office leasing deal at Exchange Tower has illustrated the lengths to which landlords are going to attract tenants, as vacancies continue to rise across the CBD.
Telstra chief executive Andy Penn says the days where companies do all of their innovation, research and development internally are over, while new creative and more nimble startups are proving that the scale of a business is no longer a competitive advantage.
TPG Telecom is raising $300 million through a placement of shares to local and overseas institutions to repay debt accrued during its acquisition of Perth-based rival iiNet.
Health and community care organisation Silver Chain's 2014-15 surplus has slipped following increased investment in new client offerings and service delivery methods.
The competition watchdog has given the go-ahead for Vocus Communications to merge with M2 Group in a $3 billion deal that will create Australia's fourth largest telco.
