Financial Year (FY) stories
Australian exporters using outdated tax software risk fines and delays; adopting AI-infused compliance tech in FY2026 offers speed and accuracy benefits.
Seeing Machines has reported a 17% revenue growth to USD $67.6 million for FY2024, bolstered by key partnerships and a surge in vehicle technology adoption.
Retailers are gearing up for the new financial year with increased investments in cyber security, personalisation, and artificial intelligence to boost growth.
If implementing automation technology is on your agenda for the new financial year, it pays to do it properly.
Cybersecurity giant, Exclusive Networks, unveils plans to fully acquire channel services firm, NEXTGEN Group, boosting its market presence across the Asia-Pacific region.
Panasonic New Zealand reports a net loss of NZD $4.57 million for 2025, hit by a 25% revenue drop and rising costs, reversing last year's profit of NZD $1.67 million.
Small business tax refunds surged by 75% in Q1 2024, with average returns reaching AUD $5,000, reveals CommBank data on Australian financial year start.
Australian businesses in 2025 will focus on new hires, staff upskilling, and office upgrades, favouring low-cost, high-impact investments amid tight profit margins.
Amid rising costs and economic uncertainty, 91% of Australian SMEs plan to prioritise non-capital spending over major investments in 2025-26.
Ingram Micro New Zealand's net profit fell 39% to NZ$9.1m in 2024, hurt by softer revenue and tighter margins amid a competitive IT hardware market.
StarHub marks 25 years with USD $2.4bn revenue in 2024, rising 1.4%, driven by strong growth in Southeast Asia's enterprise and consumer markets.
Harvey Norman reports a turnaround with a profit of NZD 9.86 million for the year despite a 10.4% fall in revenue to NZD 62.04 million.
The City of Tea Tree Gully Council has adopted TechnologyOne's Property & Rating platform, streamlining processes and enhancing efficiency across operations.
SenSen Networks posts record Q4 and FY24 results with AUD $4.0 million in quarterly customer cash receipts, a 23% increase, as it exits the Gaming market.
With the end of the financial year nearing, Australian businesses are warned of rising cyber threats, including AI-driven attacks, tax scams and ransomware.
Experts are urging change in digital investments to balance costs and ensure security, as Australian firms are facing economic hurdles and rising cyber threats.
Ricoh Australia has unveiled its first Reconciliation Action Plan to boost awareness, employment, and opportunities for Aboriginal and Torres Strait Islander peoples.
Telstra's restructure could lead to up to 2,800 job losses as the company aims to streamline operations and support its long-term investment in technology and infrastructure.
Jade Software Corporation reports a 12.4% increase in annual revenue to NZD $45.7m, while total comprehensive income surged by 271.5% in 2023.
Samsung Electronics New Zealand sees a 37.4% rise in net profit for the year 2023 despite a slight drop in revenue and cash equivalents.