Latest Australian Growth News

Macro Metals has signed a binding agreement to sell its Agbaja Iron Ore Project in Nigeria for US$5.67 million, with completion scheduled for 7 December. The deal could leave the company with approximately A$7.7 million in cash and a sharper focus on Western Australian mining services and resource development.

Yowie Group has entered FY27 with US$71,000 in cash, a 35% drop in US gross sales and a fully drawn A$4 million working capital facility. The confectionery maker is pursuing an approximately A$6 million two-tranche capital raising while its ASX quotation remains suspended.

Freightways delivered double-digit growth across revenue and profit in FY26, but elevated fuel prices and weaker premium-service demand are now squeezing margins. The NZX and ASX-listed courier group expects volumes to remain subdued until fuel costs ease sustainably.

TradeWindow has signed a 12-month agreement to provide its Prodoc export documentation software across Lactalis’ Australian and New Zealand operations. The contract is described as being of significant value, although its financial contribution remains undisclosed.

DigiCo Infrastructure REIT has secured a 15-year, 71MW contract with a global technology firm, taking its SYD1 data centre to full contracted capacity. The agreement supports a fully funded 52MW expansion and extends the Australian portfolio’s weighted average lease expiry beyond 10 years.

Elixinol Wellness lifted Q3 gross profit 27% and delivered a fourth consecutive quarter of positive underlying operating cash flow, despite statutory operating cash flow remaining negative and cash below A$1 million. The proposed all-scrip Vitable acquisition could add scale, but shareholder approval and a thin liquidity buffer remain important next tests.

Guzman y Gomez delivered 18.8% network sales growth in Q1 FY27, with comparable sales up 7.1% as its Australian restaurant base expanded. The company also reaffirmed its earnings and expansion targets while approving a further buyback extension of up to $100 million.

Patronus Resources enters FY2027 with approximately 2.3 million ounces of gold-equivalent Mineral Resources, $65.1 million in cash and liquid investments, and a 30,000-metre Northern Territory drilling campaign underway. The annual report also records an $8.6 million net loss and a proposed uranium rights transaction that remains conditional.

DigiCo Infrastructure REIT is using US asset sales to lower leverage and concentrate capital on its Australian data centre pipeline, led by the fully funded 88MW SYD1 project. The strategy comes alongside a $100.8 million statutory loss, higher distributions and FY27 guidance for 15.0 cents per security.

Transurban recorded 3.4% growth in Group average daily traffic in August, with North America again providing the standout performance. The result was positive overall, although Melbourne’s underlying traffic fell once the West Gate Tunnel contribution was removed.

Elixinol Wellness has finalized the divestment of its US operations to Ananda Health, securing upfront and deferred payments totaling approximately A$465,000. This move refocuses the company on its Australian health and wellness portfolio while reducing exposure to US regulatory risks.

DigiCo Infrastructure REIT (ASX: DGT) beats FY26 EBITDA guidance with $127 million, appoints Simon Mitchell and Ralph Goninan as Co-Heads, and accelerates its SYD1 data centre expansion amid strong Australian market demand.