Feb 17, 2018 Last Updated 2:08 PM, Feb 15, 2018

New Entry From the Editor :

Australian female labour force participation reaches record high

Australian female labour force…

AusBN - Australia’s female labour force participation rate reached a ...

South Australia to help fund green hydrogen-fuelled power plant

South Australia to help fund g…

AusBN - The government of South Australia will help fund one of the largest...

Queensland wind farm project to create 200 construction jobs

Queensland wind farm project t…

AusBN - A recently approved AUS$200 million wind farm project in North Quee...

Crown Castle sells Australian subsidiary

AusBN – Telecoms tower-owner Crown Castle International has sold its Australian subsidiary CCAL for A$1.6 billion.

The company hopes to turn its attention to expanding its US network.

Proceeds from the acquisition will be used to finance its acquisition of Quanta Services subsidiary Sunesys.

Crown Castle CEO Ben Moreland said: "The sale of CCAL allows us to redeploy capital towards our growing small cell networks, which we expect will be accretive to our long-term AFFO and dividend per share growth rates.”

@AusBNOnline

Australia sees 20% increase in cyber-attacks

AusBN – The Defence Force Intelligence Unit has announced that cyber-attacks on Australian businesses and governments increased by 20% last year.

Banking, finance, resources and energy, defence capability and telecommunications were the most commonly targeted sectors.

Millions of cyber-attacks a day were recorded by the country’s biggest bank, The Commonwealth Bank.

Ben Heyes, the banks chief of Information Security, said: "We're seeing the tools that are available for executing a cyber-attack are becoming more widespread and becoming increasingly more sophisticated and, with that, we're seeing a large increase in the volume of attacks.

"We have categories of attacks that are designed to disrupt services and there are categories of attacks that are designed to gain access to an organisation's internal environment - to potentially withdraw from that intellectual property or data that's important."

The government recently opened the Australian Cyber Security Centre to counterattack the increase.

@AusBNOnline

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