Latest Asic News

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Income Asset Management Group reported a 22% revenue increase and a significant reduction in net loss for FY25, underpinned by strategic cost cuts, debt repayment, and governance enhancements. The Group also launched a new managed account product and announced key board changes.
Claire Turing
Claire Turing
28 Aug 2025
humm Group Limited reported a remarkable 458% increase in net profit for FY25, driven by strong asset growth and effective cost management. The company also announced a final dividend and highlighted ongoing technology transformation and ESG commitments.
Claire Turing
Claire Turing
28 Aug 2025
Reef Casino Trust and Iris Cairns Property Pty Ltd have agreed to increase the takeover bid price to $3.87 per unit, boosting the total offer value to approximately A$192.7 million. The unanimous board recommendation and major unitholder support underscore the deal’s momentum amid regulatory conditions.
Victor Sage
Victor Sage
28 Aug 2025
Solvar Limited’s FY25 results highlight solid loan book growth in Australia, the strategic launch of Bennji commercial finance, and a significant 40% increase in dividends, underpinning confidence in future earnings.
Claire Turing
Claire Turing
28 Aug 2025
Solvar Limited reported a robust FY25 with a 17.4% increase in normalised NPAT and launched Bennji, a new commercial lending brand targeting small businesses.
Victor Sage
Victor Sage
28 Aug 2025
Sequoia Financial Group reported a 13.7% rise in operating profit for FY25, driven by significant growth in funds under advice and operational efficiencies. The company declared a fully franked final dividend, signaling confidence despite ongoing regulatory investigations.
Claire Turing
Claire Turing
28 Aug 2025
Sequoia Financial Group reported steady revenue but a sharp profit decline in FY25, driven by divestments and goodwill impairment. The company simplified its business structure and strengthened governance while maintaining dividend payouts.
Claire Turing
Claire Turing
28 Aug 2025
Mineral Resources Limited posted a $896 million statutory loss for FY25, driven by significant impairments, while Onslow Iron achieved commercial production and governance reforms reshape the board.
Maxwell Dee
Maxwell Dee
28 Aug 2025
Centuria Industrial REIT (ASX – CIP) has announced a $300 million exchangeable notes offering due 2030, alongside a concurrent repurchase of existing notes, aiming to lower debt costs and extend maturity. The move underscores CIP’s strategic capital management amid a complex market environment.
Eva Park
Eva Park
27 Aug 2025
MA Credit Income Trust (ASX, MA1) has announced a $190.5 million non-renounceable entitlement offer at a 3.4% discount, aiming to bolster its private credit investments across asset-backed, direct asset, and corporate lending sectors.
Claire Turing
Claire Turing
27 Aug 2025
Canterbury Resources has announced a non-renounceable Share Purchase Plan to raise up to $0.75 million at a discounted price of 2 cents per share, offering eligible shareholders a chance to increase their holdings without brokerage fees.
Maxwell Dee
Maxwell Dee
27 Aug 2025
ASIC has initiated civil proceedings against Equity Trustee Superannuation Limited, alleging failures in due diligence and monitoring related to the Shield Master Fund. Equity Trustees is cooperating with ASIC and supporting affected members while reviewing the claims.
Claire Turing
Claire Turing
26 Aug 2025