Hannah Birtles

Health Communications Network (HCN) is set to become the first Australian online health related company to list on the Australian Stock Exchange. The company will list AUS$20 million public shares in a recently closed and heavily oversubscribed offering. HCN a provider of Internet based health care information and clinical software for medical practitioners, offered shares […]

Australia’s newest online department store, a joint venture between Looksmart and Rebel Sport and private investors, is set to open on Monday. In addition to toys and sporting goods, dstore Dstore will also offer product advice, sports related-articles, sporting news and results, discussion boards and a search facility that searches relevant products according to consumer […]

Australian-based high technology company, Lake Technology has announced that it has closed its initial public offering early and oversubscribed. The offer, which opened on October 20 was scheduled to close on November 19. Managing director Brian Conolly, said response to the public offer had been strong. “We’re very pleased at the strong interest which the […]

Australian online marketing company BMCMedia has announced a public share offer at 50 cents per share which values the group at AUS$61.4 million. The offer being underwritten by HSBC Securities is for 30 million shares, which will represent approximately 24 per cent of BMCMedia’s issued capital. “BMCMedia’s Australian business model will serve as the platform […]

Asia Online this week added a leading systems integrator to its growing Australian base. The move represents the company’s seventh acquisition in Australia/New Zealand region over the past month. The acquisition of Sydney’s Flex Internet Technology is part of Asia Online’s plans to build an Asia Pacific network of companies that provide end-to-end Internet business […]

An analysis of the online music buying habits of Australian Internet users has been released by ChaosMusic, which charts a strong growth in online music buying since December last year. The research obtained, from purchases on the site’s 19,000+ members over a nine month period following Christmas 1998, showed a jump in average user time […]

LibertyOne announced that it has ceased merger discussions with an unknown company believed to be China.com, in addition to the resignation of its chief executive officer, Warren Lee. On October 6, LibertyOne announced to the ASX in response to changes in share prices, that it had entered into negotiations with another company in regards to […]

Australian Internet real estate portal realestate.com.au has received strong demand for its prospectus, confirming the continued high expectations for Internet stocks. The document, released this Monday, detailed the company’s plans to raise AUS$7.65 million and to build business over the long term. “Since we announced our intention to float just under two weeks ago, we […]

ANZ Bank has launched a secure Internet-based payments gateway dubbed eGate in an effort to facilitate the development of business-to-business e-commerce in Australia. EGate allows processing and management of both business-to-business and business-to-consumer transactions by supporting both credit card payments and deferred trade terms settlement. According to ANZ, deferred trade settlement is an essential element […]

Australian-based technology company Lake Technology has announced its intention to raise AUS$5.5 million through the public offer of 11 million shares at an issue price of 50 cents per share. Lake Technology previously operating under the name of Lake DSP, is an Australian owned and operated company with a primary focus on researching, developing, commercialising […]

LibertyOne has announced it will go live with its online business-to-consumer and business-to-business auction site by the middle of next week. uBid, which is based on its counterpart in the US, will provide an online auction environment for established business vendors. CEO Warren Lee, said uBid would not be competing directly with the raft of […]

Two of Australia’s major media and entertainment companies, Village Roadshow and Network Ten, have announced the formation of a major online partnership with plans to establish Australia’s top entertainment and leisure based destination on the Net. The new 50/50 joint venture, targeted at the under-40 year old demographic, will see the partners’ combined strengths spanning […]