News (2132)

  • ANZ boosts offshore jobs, IT spend

    Australia and New Zealand Banking Group chief executive Mike Smith said today he'd look to harbour more of its operations offshore in the future as he also discussed details of the bank's beefed up technology spend.

  • NAB's core banking 'on time, on budget'

    National Australia Bank CEO Cameron Clyne has said that the bank's Next Generation core banking project is running on course, but declined to give any details of its progress.

  • Telstra: Separation can be win-win

    Telstra chief financial officer John Stanhope has said, subject to three key conditions, structural separation could benefit shareholders.

  • Telstra: Open to asset sale to NBNCo

    Telstra says it is open to selling assets to the government's national broadband network but it needs a guarantee on returns.

  • ASIC to investigate Future's Telstra sell off

    The Australian Securities and Investments Commission (ASIC) will investigate whether the Future Fund was "tipped off" over the plan to split Telstra.

  • Telco rivals claim legislative urgency

    In a joint statement released this morning, telcos iiNet, Internode, Macquarie Telecom, Netspace, Optus, Primus, TransACT and VHA have voiced their support for legislation paving the way for the separation of larger competitor Telstra.

  • Grants system laissez-faire with billions

    An Oracle-based system used to administer grants for the National Health and Medical Research Council (NHMRC) was not up to the task of monitoring the billions of dollars which has passed through it over the years, the federal auditor-general has said.

  • Independents split over telco reform delay

    The Coalition's attempt to delay the government's telecommunications reform package hangs in the balance as independents Steven Fielding and Nick Xenophon wait to meet with Communications Minister Stephen Conroy.

  • Telstra: 11% pay offer is fair

    Telstra has hit back at union unhappiness over the telco's latest attempt to reach consensus on a new enterprise agreement for its workers.

  • Telstra union debates industrial action

    Telstra's main union has raised the spectre of further industrial action in response to its concern that progress in negotiating a new enterprise agreement with the telco.

  • Bank of Queensland squeezes outsourcers

    Bank of Queensland said yesterday that it has put its outsourcing relationships under the microscope as the second phase of its cost cutting drive.

  • Fostering a better Kaz future with Fujitsu

    For the first time, Kaz chief Mike Foster tells the full story about how the Peter Kazacos' baby was treated within Telstra, and how the deal with Fujitsu went down.

  • Telstra to fight separation Bill

    Telstra said today it will oppose the passage of the government's Bill which would allow it to force separation on the big telecommunications company.

  • NSW project 9 yrs late, $23m in red

    A New South Wales government project to simplify licence processes used by various government agencies is nine years behind schedule and $23 million over budget, according to the NSW Auditor-General.

  • Cisco respects Quigley's rules of engagement

    Cisco's local chief Les Williamson today said it was too early to say what role the networking titan could play in the $43 billion National Broadband Network (NBN) project, and that he would honour NBN Co CEO Mike Quigley's request for contact via industry representative bodies.

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