Latest Asset Quality News

Heartland Group Holdings Limited maintains its FY2026 guidance, reporting expanded net interest margins and improved asset quality in 3Q2026, while navigating geopolitical uncertainties affecting New Zealand and Australian markets.

Bank of Queensland’s statutory profit fell 20% to $136 million in 1H26, weighed down by a $31 million loss on its equipment finance portfolio sale. The bank advances its digital transformation and plans a $3.7 billion capital release with Challenger Limited, maintaining strong capital and dividend guidance.

Stonepeak-Plus Infra Debt Limited is raising $50-100 million through a new tranche of its INFRA1 Notes, offering a floating rate of BBSW plus 3.25%. The unsecured notes mature in 2032, aiming to broaden investor base and portfolio diversification amid ongoing geopolitical uncertainties.

Loyal Metals has exercised its option to acquire 100% of the Highway Reward Copper-Gold Mine in Queensland, triggering the sale agreement and setting the stage for full ownership by H2 2026. This move follows extensive exploration that confirmed the project's exceptional grade and scale.

Moody’s Ratings has affirmed APA Group’s Baa2 (stable) credit rating and lowered the downside FFO/Debt threshold from 8% to 7%, reinforcing APA’s financial footing for future growth. This follows a similar adjustment by S&P last December that expanded APA’s debt capacity by over $1 billion.

Westpac Banking Corporation reports steady lending and deposit growth alongside stable margins despite geopolitical headwinds, while transaction costs from its RAMS mortgage portfolio sale weigh on first-half profits.

Ariadne Australia’s latest nine-month update reveals strong growth in its Orams subsidiary but a $5.2 million estimated total loss driven by currency headwinds and market declines in key investments.

360 Capital Mortgage REIT has initiated an on-market buy-back and reaffirmed its FY26 earnings guidance, signalling confidence amid a narrowing discount to net asset value.

Northern Star Resources announces a substantial on-market share buy-back program of up to A$500 million starting April 2026, aiming to enhance shareholder returns while maintaining financial strength.

Macarthur Minerals has successfully raised A$1.25 million through an oversubscribed placement, positioning the company to advance exploration and maintain tenements at its Lake Giles Iron Project.

Aurum Resources has raised $28.8 million through a strategic placement led by Perseus Mining, boosting its cash reserves to over $60 million. This capital injection will fund an aggressive drilling campaign and feasibility studies for its key gold projects in Côte d’Ivoire.

Qualitas Real Estate Income Fund (QRI) is set to initiate an on-market buy-back of up to 10% of its units starting April 2026, aiming to address perceived undervaluation and align with sector peers.