🔥 Tuesday 18 August 2026 Tue, 18 Aug 2026
54 Big Stories
Challenger Reports 3% Normalised Profit Growth and Upsizes Buy-Back to $450 Million
Challenger Limited delivered a solid FY26 with normalised net profit after tax rising 3% to $468 million, supported by record annuity sales and strategic partnerships. The company also declared a 7% higher fully franked dividend and announced an upsized $450 million share buy-back.
18 Aug
Claire Turing
Region Group Reports 3.2% FFO Growth and Leadership Transition in FY26
Region Group (ASX: RGN) delivered solid FY26 results with a 3.2% increase in Funds From Operations per security, a 9.8% total security holder return, and a leadership change as Greg Chubb took the helm as CEO.
18 Aug
Eva Park
RWC Commits Exclusivity to Brookfield’s A$4.75 Per Share Scheme Proposal
Reliance Worldwide Corporation has agreed to an exclusivity period with Brookfield Capital Partners over a A$4.75 per share acquisition proposal, valuing the company at around A$4.1 billion. The deal includes a 30-day go-shop provision allowing alternative bids.
18 Aug
Victor Sage
Mercury NZ Delivers Record Profit and $710m Renewable Investment in FY26
Mercury NZ Limited posted a staggering 32,000% surge in net profit for FY26 despite an 8% revenue dip, underpinned by strong renewable generation and disciplined cost control.
18 Aug
Maxwell Dee
Vector reports 55% profit rise with record $544m Auckland network spend
Vector Limited (NZX:VCT) posted a 55% jump in net profit to $240 million for FY2026, driven by a 20% rise in adjusted EBITDA and a record $544 million capital investment in Auckland’s electricity network.
18 Aug
Maxwell Dee
Scott Technology Secures NZ$20m in Global Materials Handling Contracts
Scott Technology has locked in NZ$20 million worth of new Materials Handling & Logistics contracts across North America and Europe, reinforcing its Destination 2030 growth strategy and building on strong FY26 momentum.
18 Aug
Victor Sage