Latest Accounting Policy News

National Australia Bank is adjusting its credit provisioning and capital policies in response to market volatility from the Middle East conflict, with significant impacts on its 1H26 earnings and balance sheet.

Novo Resources has completed the first tranche of a capital raising, securing A$6.2 million, while announcing significant valuation impairments ahead of its 2025 financial report.

Austal Limited reported a 21% rise in net profit to $30.5 million for H1 FY2026 on $1.11 billion revenue, yet declared no dividends amid a qualified audit.

IDP Education has updated its revenue recognition policy to recognise Student Placement revenue at census date across all jurisdictions, leading to restated FY25 financials and reaffirmed FY26 guidance.

Webjet Group’s preliminary 1H26 results reveal resilience in a challenging market, with underlying EBITDA in line with expectations despite a 9% decline. The company revises FY25 figures following an accounting policy change and lowers FY26 EBITDA guidance amid subdued domestic leisure travel and a delayed brand relaunch.

4DMedical has responded to ASX queries over its FY2025 financial report, clarifying assumptions behind intangible asset valuations and addressing the auditor’s qualified opinion.

Austal Limited has reported a remarkable 24% revenue increase and a 503% surge in net profit for FY2025, yet has chosen not to declare any dividends for the year.

FOS Capital Limited reported a strong 47.5% increase in net profit for FY2025 alongside a modest revenue rise, announcing a 1 cent final dividend payable in October.

Spirit Technology Solutions Ltd has reported a robust FY25 performance, driven by a 58% surge in Cyber Security revenue and a successful turnaround in its Secure Managed Technology segment. The company’s underlying EBITDA soared to $11 million, signaling strong momentum ahead.

Fenix Resources reported a strong 22% revenue increase for FY25 but saw net profit tumble 84% amid heavy investment in production expansion. The company declared a fully franked dividend exceeding net profit, balancing shareholder returns with growth ambitions.

Genesis Minerals Limited reported a remarkable 110% surge in revenue for FY2025 alongside a strategic acquisition of the Laverton Gold Project, signaling a bold growth phase.

Liontown Resources capped its first year at Kathleen Valley with over 300,000 tonnes of spodumene concentrate produced and a record $23 million in operating cash flow, despite a challenging lithium price environment. The company is on track to complete open pit mining by year-end and fully transition to underground operations by Q3 FY26.