Displaying items by tag: debt

COMPANY NEWS: Technology platform Credit Clear is leveraging Sisense, an AI-driven platform, to harness the power of data to revolutionise its offering.

The Treasurer Josh Frydenberg will lead a lineup of corporate leaders, politicians, bankers and economists at global investment bank Citi’s virtual annual Australia and New Zealand Investment Conference later this month.

The NBN Co, the body rolling out Australia's national broadband network, has taken on another $1.2 billion of debt at 1% over five years.

Australian-listed mobile entertainment and digital media company Crowd Mobile has announced plans to undertake a capital raising to pay down debt.

Unified communications vendor Avaya has finally emerged from Chapter 11 protection from bankruptcy in the US with completion of its debt reconstruction plan.

The Australian Greens say the NBN should prioritise the provision of an essential service ahead of cost recovery.

Internet Australia has taken up the “good debt, bad debt” pre-budget debate sparked by the Federal Treasurer Scott Morrison, with IA chair Anne Hurley calling on both the government and the opposition to ensure that funding going to the National Broadband Network is good debt.

The cost of mobile phone and Internet charges are a big concern for many Australians, with charges for the services putting increased pressure on household budgets.

If it looks too good to be true, it's probably a caveat emptor situation, with various penny auction site users saying their wallets have ended up caveat empty.

When it comes to Governments, one never knows how far away tyranny will follow, with Australia's NBN promising to solve the country 'tyranny of distance' problem with a tyranny of debt.

The head of Australia's NBN Co, the company that will build a fibre optic network to the premise reaching 93% of Australian homes at speeds between 100Mbps and 1Gbps, has again said that the NBN won't cost the original figure of AUD $43b and will instead come in much cheaper, but can Government employees ever truly be trusted to let the sunshine in?