Latest Australia News

BPM Minerals has completed 9,060 metres of drilling at Beachcomber and 2,854 metres at Bonnie and Clyde, with a stream of assays due through early 2027. The company is targeting a maiden JORC-compliant resource at Beachcomber in the first half of 2027, while a looming BPMOB option expiry could provide up to $3.24 million in additional capital.

Forrestania Resources has signed a 24-month ore purchase agreement with Star Minerals covering up to 400,000 tonnes of gold-bearing ore for processing at Edna May. Haulage is scheduled to begin on 23 October, giving the company an immediate third-party feed opportunity as it advances towards production.

Vault Minerals generated $95.7 million in underlying free cash flow during the September quarter, while completing its King of the Hills Stage 2 upgrade ahead of schedule and maintaining FY27 production guidance. Operational performance was mixed, with weather, lower grades and underground constraints weighing on output at several sites.

Harmoney has reaffirmed its A$16 million-plus FY27 Cash NPAT target after growing its loan book 9% to A$912 million. The new Australian intermediary channel generated A$7 million in loans within two months, while credit quality and margins remained stable.

Solution Dynamics is relying on its nascent nGAGE software business and a larger potential buyback to navigate a sharp FY2026 earnings setback. Net profit fell 85.4% to NZD 0.382 million after the loss of a major customer contract, while FY2027 guidance remains at NZD 0.4 million to NZD 1.0 million.

Airtasker delivered its strongest GMV growth in four years in FY26, but the expansion still consumed cash as international investment accelerated. The ASX-listed marketplace is now targeting positive free cash flow in FY27 while scaling membership and reducing UK investment.

Nick Scali expects first-half FY27 underlying net profit of $28 million to $32 million after a sharp slowdown in Australia and New Zealand. The UK business is growing strongly, but ANZ revenue is forecast to fall 11% to 14% and the company has booked almost $1 million in cyber incident costs.

CSL has appointed ViiV Healthcare CEO Deborah Waterhouse to lead the biopharmaceutical group from 1 February 2027. Her arrival comes with a substantial UK-pound-denominated remuneration package and a mandate to renew the pipeline while simplifying operations.

PARKD has completed an A$800,000 placement to strategic investors, issuing 22.86 million new shares at 3.5 cents each. The capital raise is now settled, but existing shareholders face dilution as the company funds its next phase of expansion.

Altech Batteries expects to receive A$5.8 million net from a Malaysian land sale, but the liquidity boost arrives alongside the collapse of its CERENERGY project and insolvency at its German subsidiary. A €2 million bond repayment has also been pushed out at a higher interest rate.

Duketon Mining has completed 17 reverse-circulation holes at its Barlee gold project, while re-split assays confirmed several gold-bearing zones across five prospects. The next market test is pending assay data from 2,150 metres of follow-up drilling, expected in roughly two to three weeks.

1414 Degrees has completed the acquisition that gives it 100% ownership of the 16 km² Aurora Energy Precinct near Port Augusta. The move simplifies negotiations around a proposed 140 MW battery, staged grid connections and a potential 1 GW AI data centre, but commercial commitments and financing remain outstanding.