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.
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 chief financial officer John Stanhope has said, subject to three key conditions, structural separation could benefit shareholders.
Telstra says it is open to selling assets to the government's national broadband network but it needs a guarantee on returns.
The Australian Securities and Investments Commission (ASIC) will investigate whether the Future Fund was "tipped off" over the plan to split Telstra.
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.
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.
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 has hit back at union unhappiness over the telco's latest attempt to reach consensus on a new enterprise agreement for its workers.
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 said yesterday that it has put its outsourcing relationships under the microscope as the second phase of its cost cutting drive.
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 said today it will oppose the passage of the government's Bill which would allow it to force separation on the big telecommunications company.
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'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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