Latest Australian Stock Market News

betr Entertainment has increased its all-scrip takeover bid for PointsBet shares to an equivalent of $1.35 per share, outbidding MIXI's $1.20 cash offer and positioning itself as the preferred suitor.

Larvotto Resources has successfully raised $60 million in equity alongside a $105 million bond, fully funding the Hillgrove Antimony-Gold Mine development with production targeted for mid-2026.

Equity Story Group has secured a transformative acquisition of Baker Young Limited, marking its entry into full-service wealth management and a major boost to its national footprint and recurring revenue.

Whitefield Income Limited has announced fully franked monthly dividends of 0.583 cents per share for July through September 2025, delivering an 8.0% gross yield based on its IPO price.

Domain Holdings has dispatched its Scheme Booklet to shareholders detailing the proposed acquisition by CoStar Group, with strong endorsements from the Board and controlling shareholder Nine Entertainment ahead of the August vote.

The Federal Court of Australia has approved Dollarama’s acquisition of The Reject Shop, setting the stage for a significant shift in the Australian discount retail landscape. Shareholders are poised to receive a special dividend and a cash payout as the scheme becomes effective.

State Street Global Advisors has announced a 21.5897 cents per unit cash distribution for the SPDR S&P/ASX Small Ordinaries ETF for the period ending June 30, 2025, alongside franking and foreign tax credits.

betr Entertainment disputes the exclusion of its proxy vote in the PointsBet MIXI scheme meeting and signals a legal challenge ahead of a key court hearing. Meanwhile, betr prepares an unconditional takeover offer for PointsBet shareholders.

Betr Entertainment has reaffirmed its superior $1.33 per share acquisition proposal for PointsBet, challenging the rival MIXI offer ahead of a crucial shareholder vote. With strong funding and synergy claims, Betr signals confidence that MIXI’s $1.20 bid will be rejected.

National Australia Bank has updated key details on its 2025 interim dividend, including dividend reinvestment and bonus security plans, setting clear terms for shareholders ahead of the July payment.

Barton Gold Holdings has raised $3 million through a premium-priced placement to fast-track resource upgrade drilling at its Tunkillia Gold Project, boosting its cash reserves to $9 million with minimal dilution.

Hutchison Telecommunications (Amsterdam) B.V. has announced an off-market takeover bid for the 12.13% of Hutchison Telecommunications (Australia) Limited shares it does not already own, offering a 52.4% premium. The move aims to consolidate full ownership of the Australian telecom operator.