Latest Accounting News

Metcash Limited posted a modest rise in FY26 revenue and EBITDA, driven by strong Food segment growth and strategic acquisitions, while facing pressure in Hardware margins and suspending its Dividend Reinvestment Plan.

Reef Casino Trust projects a 6.83 cents per unit distribution for the first half of 2026, reflecting steady profitability amid ongoing takeover bid conditions.

National Australia Bank updates its interim dividend framework, setting DRP and BSP prices with a partial underwriting by Goldman Sachs for up to AUD 1 billion.

Caravel Minerals has lifted the confidence in its Caravel Copper Project with a 48% increase in Proved Ore Reserve tonnage, maintaining stable total contained copper while adding new metal grades to the reserve estimate.

APA Group projects a final distribution of 30.5 cents per security for the six months ending June 2026, marking a modest 1.7% increase over the prior year and maintaining full-year guidance.

SkyCity Entertainment Group and its Adelaide arm have struck a non-binding deal with South Australian regulators to settle long-running compliance issues, including a A$21 million fine and major governance changes at the Adelaide Casino.

RLF AgTech has revamped its executive remuneration to tie CEO incentives directly to share price hurdles, revenue growth, and operating cash flow, reinforcing its focus on sustainable profitability.

Turaco Gold’s pre-feasibility study for the Afema Gold Project in Côte d’Ivoire reveals a maiden 1.91 million ounce Probable Ore Reserve and robust project economics, underpinning a 10.3-year mine life producing over 2 million ounces of gold.

Savannah Goldfields reports metallurgical test results showing over 70% gold recovery from sulphide ores at Electric Light and Red Dam, processed through the existing Georgetown plant. Historic data suggests flotation could boost recoveries above 94%, with further test work planned.

Stealth Group Holdings has posted record preliminary FY26 results, driven by strong organic growth and the transformative acquisition of Hardware & Building Traders (HBT). The company remains on track for its ambitious FY28 sales and EBITDA margin targets.

ALS Limited has confirmed its ordinary dividend of AUD 0.231 per share for the six months ending March 2026, introducing multi-currency payment options and appointing Macquarie Securities to manage on-market share purchases for its Dividend Reinvestment Plan.

European Resources has significantly expanded the exploration potential at its Korsnäs rare earth project in Finland, increasing the Exploration Target by up to 190% to between 18 and 32 million tonnes at 0.8% to 1.0% TREO. This growth follows new passive seismic survey results and geological modelling extending mineralisation down to -400 m RL.