November 2026

Westpac’s statutory FY26 profit fell 1% to $6.8 billion, while lending, deposits and underlying operating earnings moved higher. The bank maintained its fully franked final dividend at 77 cents per share, but rising impairment charges and margin pressure remain important counterweights.

KMD Brands has granted US consumer brand group Bluestar Alliance exclusive access to confirmatory due diligence and ongoing talks over a possible acquisition of all KMD shares. The discussions remain non-binding, with no transaction terms or certainty of completion disclosed.

Manuka Resources has restarted gold production at Wonawinta and reached full processing capacity after quarter end, marking the first operating revenues from the plant. The stronger production narrative is tempered by A$581,000 in cash, A$60.1 million of borrowings and a reported funding runway of just 0.37 quarters on the September cash burn.

Locate Technologies has sold all 12.3 Bitcoin for A$1.37 million, reversing its recent plan to keep accumulating the cryptocurrency. The NZX-listed logistics software company says it will hold the proceeds in cash while it reassesses digital-asset risks and focuses on its operating business.