Alicia Camphuisen

Online financial information provider Bourse Data is to acquire Australian online investor forum HOTcopper Australia through a share swap agreement. The one-for-six share swap takeover deal will see HOTcopper operate as an independent business unit of Bourse Data from its Melbourne headquarters. The two companies will pool technology, staff and customer databases. HOTcopper, which listed […]

The Australian Competition and Consumer Commission (ACCC) Monday said it is set to examine telecommunications carrier Telstra‘s AUS$300 million (US$198 million) purchase the consumer division of the country’s largest ISPs, OzEmail. “The ACCC will consider today’s information and make further market inquiries into the possible impact of the proposal before making a decision about any […]

Shareholders of Australian Internet content and solutions provider LibertyOne have voted in favour of the company’s plans to list on Nasdaq. The company plans to issue up to 100 million new shares to raise between AUS$75.8 million (US$50 million) and AUS$106 million (US$70 million) via a public offering of either ordinary shares or American depository […]

South Australian ISP Chariot Internet is already targeting possible acquisitions following its launch on the Australian Stock Exchange (ASX) last week. Chariot managing director Gary Chua said the company would be targeting strategic acquisitions throughout regional Australia to boost its subscriber base. “We believe [this path] will boost our subscribers to 50,000 by mid-2000,” said […]

Australian electronics and mobile phone retailer the Strathfield Group has unveiled plans to raise AUS$15 million (US$9.9 million) to fund several new e-commerce ventures. The company announced on the Australian Stock Exchange (ASX) that it would be issuing 5.5 million shares to institutional investors for AUS$2.80 each (US$1.85). The capital raised by this share offer […]

The Australian Broadcasting Authority (ABA) has officially registered the federal government‘s Internet Code of Practice for service providers and content hosts. The Code was developed by industry representative body the Internet Industry Association in consultation with the Internet industry, the ABA, interested members of the public and community groups. The government and the Internet industry […]

The federal government is considering banning Internet gambling in Australia, Prime Minister John Howard said this week. In a statement released yesterday, Howard said he was “particularly concerned about the effect of a rapid expansion of Internet gambling and the Government will be investigating the feasibility and consequences of banning Internet gambling.” “Internet gambling has […]

Australian ‘.com’ Internet domain name registrar Melbourne IT this week recorded the second largest Net float in Australia’s history when it opened on the Australian Stock Exchange (ASX). Melbourne IT opened at a 370 premium to the AUS$2.20 (US$1.45) offer price it nominated when it announced its intention to list on the ASX a month […]

Telco Cable & Wireless Optus has announced non-exclusive agreement with financial institution the National Australia Bank (NAB) to develop banking services for the Wireless Application Protocol (WAP). Scheduled for launch early next year, the feature will provide account balance information, funds transfers and online bill payment capabilities through the Bpay facility. The NAB feature will […]

Internet ad giant DoubleClick has commenced legal action against Australian rival Sabela Media. DoubleClick launched the law suit against last week, claiming the Sydney-based Sabela had infringed its patent on the technology known as “adserving.” Adserving technology delivers online advertisements to Web sites, and manages and measures the number of units delivered to help clients […]

The Supreme Court of Queensland has enacted one of the first successful actions against Internet domain name squatting, by granting orders to proceed with the eviction of a company using the domain name ‘bartercard.org’. At a hearing of an application for interlocutory injunctions on November 19, the Court granted orders in favour of international trade […]

Hot on the heels of the launch of Cable & Wireless Optus‘ Wireless Application Protocol (WAP) offering, telecommunications carrier Telstra has announced its own WAP service. Telstra will enable its customers to access the service via a WAP mobile phone, and has chosen Internet services software developer and WAP Forum founding member Phone.Com as its […]