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Department of Defence contractors Spotless and Ventia have denied price fixing accusations brought by the competition watchdog which has submitted texts between the key players as part of its case.

Meanwhile,Telstra says it’s just months away from launching direct-to-smartphone text messages with Elon Musk’s Starlink , upping the ante in a coverage war with rivals Optus and Vodafone owner TPG. 

And Fortescue boss Dino Otranto says investors have backed its retreat from hydrogen technology as it pivots to developing a major high-grade "green" iron industry to compete with Africa and Brazil.