by Ekrem Duman | Aug 1, 2026 | Australia Company Stories, Telecom, Media & Digital
⚡ TL;DRREA Group and Seek are the two most successful businesses to emerge from Australian media, and neither owns any inventory. REA operates realestate.com.au, majority owned by News Corp, and posted record quarterly revenue of US$343 million in a recent...
by Ekrem Duman | Aug 1, 2026 | Australia Company Stories, Telecom, Media & Digital
⚡ TL;DRAustralian traditional media spent 2025 and 2026 doing three things at once: selling its most valuable digital assets, cutting newsroom costs, and merging what remained. Nine sold 60% of Domain to CoStar for A$1.4 billion and paid a A$777 million fully...
by Ekrem Duman | Aug 1, 2026 | Australia Company Stories, Telecom, Media & Digital
⚡ TL;DRThe National Broadband Network is Australia’s largest infrastructure project and its most contested policy decision. Announced in 2009 as a fibre-to-the-premises network reaching most homes, it was redesigned in 2013 into a multi-technology mix...
by Ekrem Duman | Aug 1, 2026 | Australia Company Stories, Telecom, Media & Digital
⚡ TL;DROptus, owned by Singapore Telecommunications, is Australia’s second-largest telecommunications company and has suffered three catastrophic failures in three years: a 2022 data breach exposing millions of customer records, a November 2023 national...
by Ekrem Duman | Aug 1, 2026 | Australia Company Stories, Telecom, Media & Digital
⚡ TL;DRTelstra was the government-owned monopoly that became Australia’s largest telecommunications company, and then had the foundation of that monopoly bought out from under it. The National Broadband Network purchased Telstra’s copper access...