Latest Accounting News

AVJennings shareholders have overwhelmingly approved a scheme of arrangement for a $0.655 per share cash acquisition by Proprium Capital Partners and AVID Property Group, marking a significant premium and a pivotal moment for the residential property developer.

Johns Lyng Group has entered a binding scheme implementation deed with Pacific Equity Partners for a $1.1 billion acquisition at $4.00 per share, representing a significant premium and a 10.3x EV/EBITDA multiple. The transaction awaits shareholder and regulatory approvals, with major shareholder backing and a clear timetable set for late 2025.

Garda Property Group has announced the taxable components of its distribution for the year ending 30 June 2025, outlining fund payments and capital gains attributed to investors. The distribution is scheduled for payment on 16 July 2025, with further tax details to follow in the annual statement.

Robex Resources reports strong grade control drilling results from the Mansounia deposit, reinforcing confidence in the Kiniero Gold Project's planned Q4 2025 production. The company also secures US$25 million in funding to advance construction.

Netwealth Group Limited has reported a record $15.8 billion in Funds Under Administration net flows for FY25, marking a 40% increase over the previous year and pushing total FUA to $112.8 billion. The company’s strong platform growth and strategic board appointment signal continued momentum.

Betashares Capital Ltd has released the estimated annual distribution components for its 28BB Fixed Term Corporate Bond Active ETF, signalling a 31% attributed income and a full cash payout for the 2024-25 financial year.

ASX Compliance has formally questioned Rewardle Holdings Limited over delayed disclosures, financial inconsistencies, and governance concerns tied to its investments in Pepper Leaf, Beanhunter, and CloudHolter.

Auric Mining has kicked off the last toll milling campaign at Jeffreys Find, targeting 2,750 ounces of gold and a surplus cash distribution exceeding $4 million to support its next phase at Munda.

Otto Energy has secured a final Australian Taxation Office ruling clarifying the tax treatment of its recent $0.008 per share distribution, splitting it between a return of capital and a dividend.

BlackRock Investment Management has announced the estimated distribution components for its iShares High Growth ESG ETF for the fiscal year ending June 30, 2025, highlighting a total cash distribution of 69.13 cents per unit.

BlackRock Investment Management announces an estimated 73.32 cents per unit distribution for its iShares MSCI Emerging Markets ETF for the period ending June 30, 2025, highlighting a strong foreign income component.

BlackRock Investment Management (Australia) Limited has released the estimated distribution components for its iShares Balanced ESG ETF for the fiscal year ending June 30, 2025, outlining a total cash distribution of 66.74 cents per unit.