Latest Banking News

Boom Logistics reports steady revenue growth and significant capital expenditure cuts in Q1 FY26, while advancing a share buyback and navigating leadership changes.

Cuscal Limited has secured a crucial regulatory win as the ACCC clears its full acquisition of Indue Limited, setting the stage for completion by year-end pending final approvals.

Mount Gibson Iron suspends mining at Koolan Island following a significant rockfall, withdrawing FY26 sales guidance and initiating workforce reductions while advancing rehabilitation efforts.

The ACCC has approved Cuscal Limited’s acquisition of Indue Limited, concluding the deal won’t significantly reduce competition in payment facilitation services. The decision highlights ongoing industry consolidation balanced by multiple alternative providers and technological shifts.

Perenti Limited has successfully refinanced and expanded its syndicated debt facility to A$650 million, improving terms and extending maturities to support future growth and operational liquidity.

Canyon Resources confirms the Minim Martap Bauxite Project as a world-class asset with robust economics and begins construction ahead of first shipment in mid-2026.

Lloyds Banking Group reported a resilient Q3 2025 with a £3.3 billion profit, despite a significant motor finance charge and completed acquisition of Schroders Personal Wealth. The bank revised its 2025 guidance, reflecting steady income growth and strong capital generation.

Franklin Templeton Australia has launched the Franklin Australian Absolute Return Bond Fund – Class A, an actively managed fixed income fund now available on the ASX. The fund aims to deliver returns exceeding the Bloomberg AusBond Bank Bill Index with a medium risk profile and transparent fee structure.

LGI Limited has secured $56.2 million through a fully underwritten institutional placement and a Share Purchase Plan to fast-track its renewable energy projects and expand operating capacity beyond 80 MW. The capital raise underpins the company’s strategic growth in landfill biogas recovery and battery storage solutions amid rising energy market volatility.

LGI Limited has successfully raised $51.2 million through a placement and launched a $5 million Share Purchase Plan to fund key renewable energy projects and strengthen its balance sheet.

Stakk Limited has reported explosive growth in its SaaS revenue and client base in 2025, positioning itself as a leading embedded finance infrastructure provider. The company’s ARR surged over 300%, driven by major US fintech partnerships and a strategic pivot to a modular SaaS model.

ASX Limited reaffirms its FY26 expense growth guidance while detailing progress on its five-year transformation and addressing regulatory challenges. Strong FY25 financial results and a robust market pipeline underpin the company’s outlook.