Latest Australian Capital Territory News

Southern Cross Electrical Engineering Limited has landed $90 million in new contracts spanning battery storage, education facilities, and water infrastructure, reinforcing its foothold in key growth sectors.

Cash Converters has completed a $37.1 million acquisition of 29 franchise stores across Australia’s East Coast, aiming to boost earnings and operational efficiency from year one.

Cash Converters International Limited (ASX – CCV) has announced a fully underwritten $25 million equity raising to finance the acquisition of a 29-store Australian franchise network, aiming to expand its corporate footprint and accelerate growth.

Cash Converters has successfully completed the institutional component of a $25 million equity raising, positioning itself to acquire 29 franchise stores and expand its retail footprint.

Cash Converters International Limited has launched a $25 million equity raising to fund the acquisition of 29 franchise stores, expanding its corporate footprint on Australia's East Coast. The move aligns with its growth strategy targeting disciplined franchise acquisitions in Australia and the UK.

Cash Converters International Limited has launched a $25 million equity raising to fund the acquisition of 29 Australian franchise stores, aiming to expand its corporate store network and enhance earnings. The move is backed by major shareholder EZCORP, signaling confidence in the company’s growth strategy.

Downer EDI Limited has won a $3.05 billion contract to provide base and estate services to the Australian Department of Defence, significantly expanding its operational regions and responsibilities over the next decade.

COG Financial Services is set to broaden its salary packaging and novated leasing footprint across Australia through the $40 million acquisition of EasiFleet. This strategic move positions COG for upcoming government contracts in key states.

AF Legal Group Ltd reported a robust 27% increase in revenue to $27.6 million for FY25, propelled by key acquisitions and operational expansion, despite one-off costs impacting statutory profits.

Acusensus Limited reported a robust FY25 with 20% revenue growth and a significant 84% jump in total contract value, setting the stage for an ambitious FY26 forecast of up to 41% revenue increase.

Autosports Group Limited reported a record $2.865 billion revenue for FY25 alongside strategic acquisitions set to fuel growth in FY26. The luxury automotive retailer is capitalizing on improving market conditions and expanding its footprint with new dealerships and property purchases.

Abacus Storage King has reported a robust FY25 with a $289 million net profit and steady distribution guidance, while advancing its growth and sustainability agenda amid ongoing takeover discussions.