Finance News Network

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Finance News Network

Abacus Group Transitions to Focused Commercial REIT Amidst FY26 Results

25 Aug 2026 - Abacus Group announces $81.2 million FFO for FY26, outlines strategic pivot to A-grade commercial assets following Storage King internalisation, and provides FY27 dis…

hummgroup Reports FY26 Results Amidst Challenging Environment

25 Aug 2026 - Diversified financial services company achieves $44.2 million underlying profit, resolves key corporate matters.

humm Group’s Full-Year Profit Plummets 60% Amid Elevated Impairments and Irregular Costs

25 Aug 2026 - Non-bank lender reports significant profit decline driven by one-off legal and corporate expenses, despite maintaining total dividends and an improved net interest ma…

Lodestar Investor Phil King Announces Retirement

25 Aug 2026 - The influential investor's exit from Regal Partners by mid-2025 sends ripples through Australian equity markets.

Wall St mixed as chip stocks fall, ASX set to edge higher

25 Aug 2026 - Tech weakness weighs on US shares ahead of Nvidia earnings, while ASX futures point to a modest gain

Australian Market Defies Earnings Gloom

24 Aug 2026 - ASX 200 outperforms global peers driven by resources and healthcare, despite cautious analyst forecasts.

Regal Partners Co-Founder Phil King Retires

24 Aug 2026 - Veteran investor Phil King concludes four-decade career, leaving significant mark on Australian finance.

OD6 Metals builds US critical minerals opportunity with Quinn Fluorspar

24 Aug 2026 - Managing Director and CEO Brett Hazelden outlines OD6 Metals’ strategy to advance its newly acquired Quinn Fluorspar Project in Nevada alongside its Australian rare e…

Market Stalwart Phil King Exits Regal Partners

24 Aug 2026 - Regal Partners' influential co-founder and CIO retires, sharing insights on market shifts and active management.

KPMG Cuts Staff, King Retires Amid Market Shifts

24 Aug 2026 - Big Four firm reduces workforce as hedge fund legend exits and corporate results diverge.

US Bond Market Tensions Escalate Amid Energy Woes

24 Aug 2026 - Treasury Secretary Battles Rising Yields as Geopolitical Risks Fuel Inflationary Pressures

Celsius Resources Announces Disbarment Application Against Philippine Lawyers

24 Aug 2026 - The ASX-listed explorer and developer has filed a verified disciplinary complaint against Attorney Sarmiento and partners of SL Law.

Alligator Energy Confirms Further Uranium Mineralisation at Big Lake Project

24 Aug 2026 - Initial 2026 drilling program strengthens roll-front model and indicates regional potential in South Australia.

SenSen Networks Secures EPA Victoria Acoustic Camera Contract

24 Aug 2026 - Two-year, $889,000 deal to trial intelligent vehicle noise enforcement solution, expanding SenDISA platform into environmental regulation.

Katana Capital Records Strong Profit Growth in Full Year Report

24 Aug 2026 - ASX-listed investment manager announces a 43% increase in net profit for the fiscal year ended 30 June 2026.

Daily Special: FirstAu, Benz Mining, Metal Powder Works, Li-S Energy, Atomic Eagle

24 Aug 2026 - ASX rises as miners lead gains, strong copper and uranium stocks lift the market

Patagonia Lithium advances Formentera towards development

24 Aug 2026 - Executive Chairman and Director of Exploration Phil Thomas outlines resource growth, development studies and the pathway towards lithium production in Argentina.

Coppermoly Limited Announces Managing Director Departure and Board Appointment Amid Strategic Review

24 Aug 2026 - Mr Dickson Leah steps down from executive and board roles, with Mr Brett Tucker appointed as Non-Executive Director as the company undertakes a comprehensive operatio…

Xenitra Raises A$1.5 Million to Propel High-Margin Sales Growth

24 Aug 2026 - Funds earmarked for inventory, fulfilment, and e-commerce expansion across key segments, following strong operational momentum.

Close the Loop Reports Strong FY26 Results Following Strategic Reset

24 Aug 2026 - ASX: CLG highlights significant debt reduction and portfolio refocus, projecting further growth for FY27.

WAM Income Maximiser Boosts Assets to $500 Million Following Oversubscribed Capital Raise

24 Aug 2026 - Overwhelming demand from existing and new shareholders drives $172.4 million capital infusion for WAM Income Maximiser Limited.

Close the Loop Reports Significant Annual Loss Amid Major Divestments and Restructuring

24 Aug 2026 - ASX-listed CLG faces substantial net loss for FY26 despite revenue growth in continuing operations, driven by strategic asset sales and associated write-offs.

Horizon Gold advances Gum Creek towards development

24 Aug 2026 - Managing Director & CEO Scott Williamson outlines the Gum Creek Gold Project DFS, development pathway and opportunities to expand the current mine plan.

Crack Spreads and Geopolitics Rattle US Bonds

24 Aug 2026 - Rising energy prices and refining shortages contribute to surging bond yields and market fragility.

Wall St rebounds, ASX faces cautious start to reporting week

24 Aug 2026 - US shares recover from a bond-driven sell-off, while earnings downgrades and consumer pressures remain in focus locally

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