Opposition communications spokesman Malcolm Turnbull says the government's "prejudice" against the private sector left about 35,000 new homes connected to copper instead of fibre cable last year.
Telecommunications giant Optus has slashed 750 jobs as part of a restructure, but none will be lost in Western Australia.
The majority of the job losses would come from senior and middle management as well as operations, back office and support functions, the company said.
Carnegie Wave Energy has received close to $10 million in federal government funds to continue developing its wave energy technology.
Resources and Energy Minister Martin Ferguson was on hand at Carnegie’s facility in North Fremantle today to announce the grant.
Peth-based materials technology firm Alexium International has signed an agreement with US-based Duro Textiles, to licence its flame retardant nylon products for military, upholstery and industrial workwear markets in North America.
Advanced Braking Technology says it has the funds in place to support the commercial launch of its garbage truck braking technology, after completing a $2.4 million capital raising.
Perth-based renewable energy firm Solco has restructured its board, including the appointment of a new chief executive, as the company re-focuses its operations to reflect a solar market lacking government rebates.
Western Australian IT services firm Empired has completed a $3.6 million placement to fund its growth strategy and provide additional working capital.
Empired said the placement, priced at 30 cents per share, would be completed in two tranches.
The United States Navy has exercised options to order an additional two Littoral Combat Ships from Western Australia-based shipbuilder Austal.
The ships are the third and fourth ships in a $3.5 billion, 10-boat contract awarded to Austal in December 2010.
IT services company Empired has won a $5 million contract for the Ichthys liquefied natural gas project.
Empired will supply and install its Coreworx project information and cost control system at Ichthys, and maintain and operate the system for the next five years.
Federal Communications Minister Stephen Conroy says the full-scale rollout of the high-speed national broadband network can now begin following the completion of agreements between Telstra, the builder and the government.
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