Australian Broadband Deals

The nation’s number two telco Optus today said it would reduce its prepaid wireless broadband quotas as of 24 November, saying the former quotas were only an initial offer.

THE Australian stock market has rebounded to close almost two per cent higher after the Reserve Bank slashed the cash rate 100 basis points to six per cent.

WESTPAC says it will cut its standard variable home loan rate by 80 basis points, becoming the first of the big banks to pass on relief today from the Reserve Bank.

PRIME Minister Kevin Rudd has welcomed the Reserve Bank’s one per cent interest rate cut and called on banks to pass on as much as possible to borrowers.

Telstra today launched a competition to name its new 9,000km undersea fibre-optic communications cable running to Hawaii.

IBM has unveiled new cloud computing applications, including Bluehouse that will deliver web-based social networking and collaboration tools.

Tasmanian Liberal Senator Guy Barnett has slammed both the Tasmanian Premier and the Federal Government for not resolving the problem of poor broadband coverage in the state.

THE Reserve Bank of Australia has cut interest rates by a full percentage point to 6 per cent.

THE Reserve Bank has slashed official interest rates by a full percentage point - challenging home-loan lenders with the biggest cut in 15 years.

Telstra claims that its Next G users will experience peak downlink speeds of 21 Mbps by year end –- but ‘actual customer download speeds will be less’.