Latest Banking News

Ingenia Communities Group confirms it is in discussions with Peet Limited and potential capital partners to explore extending its land bank and accelerating growth in the land lease segment.

NEXTDC has secured an additional A$500 million in senior debt facilities, lifting its total available senior debt to A$8.7 billion. The upsized debt package supports ongoing data centre expansion and recent contract wins, reflecting strong lender confidence.

Mayfield Childcare has pulled its FY26 earnings guidance amid rising costs and regulatory shifts, while cautiously advancing its Mayfield 360 allied health initiative.

Toi Foundation has reopened its community consultation on the proposed sale of TSB Bank shares to Heartland Group Holdings due to a procedural error, pushing the trustee decision to August and delaying the merger timeline.

The Daintree Hybrid Opportunities Active ETF (ASX: DHOF) is making its final distribution and redemption payments as it completes wind-up, returning over $9.64 per unit to unitholders in total.

FirstWave Cloud Technology has secured a 12-month extension of its ISM-compliant CyberCision platform agreement with Telstra, increasing annual recurring revenue from Federal Government agencies by 5% to approximately A$0.6 million.

Rio Tinto has opted out of operating Sovereign Metals' Kasiya project, ending its exclusive marketing rights and allowing Sovereign to pursue a US-focused critical minerals approach. Sovereign aims to secure binding offtake deals with US and allied partners, leveraging Kasiya's strategic minerals for Western supply chains.

Kina Securities expects net profit after tax to rise between PGK132 million and PGK138 million for 2026, driven by revenue growth and tax cuts, despite payment system challenges.

Hot Chili Limited has locked in an additional US$15 million in non-dilutive funding from OR Royalties via an expanded net smelter return royalty agreement, adding the pre-resource La Verde project to the Costa Fuego copper-gold portfolio. This deal doubles OR’s commitment to US$30 million and underpins ongoing exploration and development.

Stakk Limited is set to become a global powerhouse in AI-driven Digital Trust infrastructure following its US$63 million acquisition of ParaScript, a leader in AI-powered document intelligence and fraud detection. The deal significantly boosts Stakk's scale, technology, and recurring revenue base, underpinning a robust growth trajectory.

Sunrise Energy Metals has won a key financial reprieve with acceptance into New South Wales’ Critical Minerals Royalty Deferral Scheme, supporting the development of its Syerston Scandium Project, a rare scalable source outside China critical for advanced technology supply chains.

Helia Group has renewed its exclusive Lenders Mortgage Insurance contract with ING Bank Australia for four years from July 2026, preserving a significant revenue stream representing about 20% of its FY25 premiums.