Latest Accounting News

Westpac Banking Corporation has announced a fully franked quarterly distribution of AUD 1.1616 per Capital Note 10, reflecting a 4.66% annualised yield based on current benchmark rates.

Liontown Resources reports a strong first operational year at Kathleen Valley with $298 million revenue and $55 million underlying EBITDA despite lithium price pressures. The company is now gearing up for a strategic transition to underground mining backed by a robust $528 million cash position.

Rewardle Holdings addresses ASX queries on its CloudHolter investment, convertible note funding, and financial restatements, while outlining its going concern status despite operational losses.

GTN Limited has received a binding Class Ruling from the Australian Taxation Office confirming that its recent $0.23 per share capital return is not a dividend, clarifying tax implications for shareholders and the company.

Cleanaway Waste Management has updated its FY2025 final dividend details, including currency options for New Zealand shareholders and a revised Dividend Reinvestment Plan price.

La Trobe Financial confirms the resolution of regulatory issues as ASIC lifts the Interim Stop Order on its 12 Month Term Account, restoring investor confidence.

Newmont Corporation has updated its dividend announcement to clarify currency exchange rates and payment methods for the quarter ending June 2025, affecting how investors receive their returns.

Murray Cod Australia Ltd reports a landmark FY25 profit turnaround driven by record biomass growth and infrastructure expansion, setting the stage for a commercial inflection in FY26.

KMD Brands reported a slight revenue increase to NZD 989 million for FY25 but faced significant underlying losses, prompting a strategic reset. The company also reinforced its commitment to tackling modern slavery risks across its global supply chain.

Commonwealth Bank of Australia updates its final dividend details, confirming a fully franked payout of AUD 2.60 per share and setting the Dividend Reinvestment Plan price at AUD 168.60 with no discount.

Myer Group posted modest sales growth in FY25, buoyed by the Apparel Brands acquisition, but faced profitability challenges from operational disruptions and macroeconomic pressures. The Group is advancing its omni-channel strategy and cost management initiatives while addressing National Distribution Centre issues.

Lendlease has priced a S$400 million perpetual hybrid securities issue at a fixed 3.90% rate, strengthening its capital structure and preparing for upcoming debt maturities. The move supports its ongoing corporate strategy and regional growth ambitions.