Latest Banking News

JPMorgan Asset Management (Australia) Limited has announced final cash distributions for June 2026 across three of its Equity Premium Income ETFs, detailing payment amounts, reinvestment prices, and key dates for investors.

NTAW Holdings has extended its financial covenant waiver with Commonwealth Bank to the end of 2026, while introducing new covenants for FY2027 and continuing to reduce its debt.

Vanguard Investments Australia has released estimated distribution amounts for 34 ETFs, covering a broad spectrum of asset classes, with payments scheduled for mid-July 2026.

Prairie Lithium restructures its board to sharpen focus on commercial lithium production, with Paul Lloyd stepping up as Executive Chairman to lead corporate strategy and financing.

Euroz Hartleys is set to sell its Capital Markets division to BMO Financial Group for A$145 million, refocusing on its Private Wealth operations and returning proceeds to shareholders.

Way2VAT has restructured its debt with Bank Hapoalim, securing a larger $4.876 million facility and extending loan terms to three years to support growth and approach breakeven.

Sports Entertainment Group (ASX: SEG) has upgraded its FY26 underlying EBITDA forecast to $18 million, surpassing prior guidance, while refinancing senior debt to enhance financial flexibility.

Lefroy Exploration has launched a scoping study for its Mt Martin Gold Project, following an updated resource estimate of 460,000 ounces. The study, funded by a recent $3.6 million placement, aims to assess development options by September 2026 while mining operations at Lucky Strike prepare to resume.

TradeWindow has lifted its trading revenue by 20% to $9.6 million in FY26, with annual recurring revenue surpassing $10 million for the first time. The company also improved gross margins and reduced its EBITDA loss, reflecting steady progress in its cloud migration and customer retention efforts.

Global X Management (AUS) Limited has announced estimated distributions for over 30 ETFs for the period ending 30 June 2026, all eligible for reinvestment via its Distribution Reinvestment Plan (DRP). The announcement outlines key dates for investors to act on their DRP elections and highlights the wide range of income levels across its funds.

Synlait Milk has locked in a NZ$320 million refinancing package with a broad banking syndicate and replaced its $130 million shareholder loan, while shifting its financial year-end to December to match its major shareholder.

Autosports Group reports a 22% jump in order write driven by battery electric vehicles, with FY26 profit forecast raised to $51-54 million.