Latest Asset Quality News

Northern Star Resources reports a remarkable 110% profit increase for FY25 alongside a 30% revenue rise, declaring a fully franked 30-cent final dividend. The acquisition of De Grey Mining marks a strategic expansion amid strong financial momentum.

Heartland Group Holdings Limited reported an underlying NPAT of NZD 46.9 million for FY2025, meeting guidance, while setting ambitious growth and efficiency targets for FY2026.

Stockland delivered a robust FY25 with a statutory profit of $826 million, underpinned by strategic portfolio reshaping and expanded capital partnerships. The company sets a confident FY26 outlook, targeting higher funds from operations per security and sustained distributions.

Hansen Technologies reported a remarkable 105.7% increase in statutory net profit for the year ended June 2025, while maintaining its dividend payout. The company also expanded its footprint with a strategic investment in Canadian AI firm Dial AI.

Challenger Limited reported a robust 48% increase in net profit after tax for FY2025, alongside a 4.6% rise in revenue and an 11.3% dividend hike, reflecting improved operational performance and financial resilience.

Reliance Worldwide Corporation reported a solid 5.5% revenue increase and a 13.5% rise in net profit for FY25, driven by the full-year impact of its Holman Industries acquisition and strategic capital returns.

National Australia Bank’s June quarter saw a slight dip in cash earnings due to rising credit impairment charges, even as underlying profits edged up 2%. The bank balances cautious asset quality management with ongoing growth in lending and deposits.

Mirvac Group has reported a significant turnaround, posting a 108% increase in profit attributable to stapled securityholders despite a 10% decline in total revenue for the year ended June 2025.

HealthCo Healthcare & Wellness REIT posted solid FY25 financials amid ongoing tenant transition challenges with Healthscope. The REIT is proactively securing alternative tenants while maintaining a robust balance sheet.

Abacus Storage King reported a 109% surge in net profit for FY25, while rejecting an initial takeover bid and entering due diligence on a revised offer. The company’s strong operating platform and strategic acquisitions underpin its growth ambitions.

Centuria Industrial REIT has released its FY25 Property Compendium, detailing a $3.89 billion portfolio of 87 industrial assets across Australia, highlighting strong occupancy and long lease terms.

Centuria Industrial REIT has reported a remarkable 176% increase in net profit for the year ended June 2025, alongside a 25% rise in revenue and consistent quarterly distributions.