Fast Five: this week in IT, 26/08

27.08.2011
Your hand-picked five-minute wrap up of the biggest Australian IT stories of the week.

Financial and business software vendor, MYOB, is set to hire 27 new staff following its acquisition by Hong Kong-based software investor, Bain Capital, from a consortium including Archer Capital and investment company, HarbourVest Partners, for $1.2 billion.

Members of the private sector who were hoping that the federal government will come to their aid when a disaster strikes should think again according to the Attorney-General's first assistant secretary, Mike Rothery.