Latest Australian Market News

oOh!media Limited reported a robust 17% increase in revenue for the first half of 2025, driven by strong Australian market segments, but posted a statutory loss due to a significant impairment charge in New Zealand. The company also announced a restructuring and a new CEO appointment.

The Takeovers Panel has accepted an undertaking from betr Entertainment, addressing key disclosure and structural concerns in its takeover bid for PointsBet, while declining to declare unacceptable circumstances.

Orezone Gold Corporation has successfully completed its initial public offering on the ASX, raising A$75 million to fund expansion at its Bomboré Mine. The company's CHESS Depository Interests started trading under the ticker 'ORE' on August 8, 2025.

WAM Capital Limited’s July 2025 update reveals a robust net tangible asset position and a healthy interim dividend, underpinned by strong performances from key holdings ALS and HUB24.

ASF Group Limited has announced an on-market buy-back of up to 79 million shares, representing about 10% of its issued capital, set to begin in late August 2025.

betr Entertainment has increased its offer ratio for acquiring PointsBet shares, signaling a strategic push to secure shareholder approval at the upcoming Selective Buy-Back Meeting.

Domain Holdings Australia has announced an unconditional special dividend following the Supreme Court of New South Wales' approval of its acquisition scheme by CoStar Group. The dividend will be paid in mid-August, marking a key milestone in the takeover process.

Domain Holdings Australia’s acquisition by CoStar Group has been approved by the Supreme Court of NSW, triggering a trading suspension on ASX and setting key payment dates for shareholders.

REA Group Ltd reported a robust FY25 with 15% revenue growth to $1.673 billion and a 23% rise in net profit, driven by strong Australian market performance and strategic AI investments. The company also advanced its India operations, focusing on Housing.com amid PropTiger divestment plans.

REA Group has reported a robust FY25 with strong revenue and profit growth, underpinned by solid Australian market performance and strategic moves in India. The company also announced a leadership transition amid optimistic FY26 guidance.

Following the $4.7 billion sale of its Vocus enterprise network, TPG Telecom announces a comprehensive capital management plan including a $3 billion return to shareholders, a $688 million reinvestment option, and a targeted $2.4 billion debt repayment.

Domain Holdings Australia Limited shareholders have overwhelmingly approved the proposed acquisition by CoStar Group, marking a pivotal step toward the deal’s completion pending court approval.