The Australian Stock Exchange has partnered with S&P Dow Jones Indices to launch the S&P/ASX All Technology Index which will list companies in the technology sector. The new index will go live on Monday, 24 February.
The Australian Labor Party has labelled valuation claims of the national broadband network made by NBN Co chairman Ziggy Switkowski as bizarre and said no evidence has been produced to back up the price tag he has put on the company.
The advent of 5G networks will not provide any kind of salvation for telecommunications providers who are desperate for some way of fighting back against the unreasonably high prices charged by NBN Co, a report from the credit ratings agency S&P Global Ratings says.
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