Latest Banking News

Adore Beauty has expanded its debt facilities with Commonwealth Bank, increasing total capacity to $25.2 million to support inventory growth and a new semi-automated distribution centre.

State Street Global Advisors has declared a 77.48 cents per unit distribution for its SPDR S&P/ASX 200 ESG ETF, blending cash, franking, and foreign tax credits for the fiscal year ending June 2026.

Verity Resources has kicked off a systematic soil sampling and geological mapping campaign across its 903km² PL123/2024 tenement in Botswana, targeting copper, nickel, cobalt, silver and gold mineralisation analogous to the nearby Selebi Ni-Cu mine.

New Frontier Minerals is ramping up exploration at its Harts Range Project, focusing on 40 untested geophysical targets with an initial spotlight on the Kings Cross magnetic anomaly. Recent independent research underscores the district-scale copper-nickel-PGE potential of the region, reinforcing the strategic value of NFM's tenure.

Altech Batteries has sold its non-core land in Meckering, Western Australia, for $950,000, boosting working capital while retaining mining rights. The sale also triggered a $500,000 bank guarantee tied to €2 million bearer bonds due in October.

Third Age Health Services Limited lifted revenue by 18% to NZD 22.49 million in FY26, driven by acquisitions and aged care growth, while net profit after tax rose 25% to NZD 3.09 million.

West Wits Mining has fully repaid its USD 12.5 million Nebari loan facility, unlocking the path to financial close and imminent drawdown of a ZAR 875 million (~USD 53 million) senior loan. This milestone underpins the Qala Shallows Project’s ramp-up to steady-state gold production.

Resimac Group has completed its third bond issuance of 2026, raising A$1 billion through a prime residential mortgage-backed securities deal priced at a premium over BBSW. The transaction attracted robust domestic and offshore real money investor participation across multiple tranches.

Schoolblazer Limited has finalised a new A$110 million debt facility with Westpac, fully repaying its previous banking arrangements and simplifying its capital structure.

FortifAI has appointed David Walker and Tim Edwards to its newly formed Advisory Board, reinforcing its push towards the commercial launch of the Nol8 AI Data Plane. These appointments bring heavyweight technology and financial services expertise to the company as it scales.

Vanguard Investments Australia has announced estimated distributions for 34 of its ETFs, with payments scheduled for mid-July 2026. The payouts vary significantly across funds, reflecting diverse asset exposures and income profiles.

Turners Automotive Group posted a record $63.2 million normalised NPBT for FY26, beating guidance and declaring a 14% higher dividend as it accelerates branch expansion and ecosystem integration.