Latest Competition News

Ashley Services Group has finalised its acquisition announced in June, expanding its weekly workforce to over 10,000 during peak seasons and reinforcing its position in the labour hire sector.

Pepper Money, alongside KKR and PIMCO-managed funds, has finalized the $15.4 billion RAMS home loan portfolio acquisition from Westpac, marking a significant step in expanding its capital-light servicing business.

Pentanet has reported an 8% revenue increase to $24.4 million and a 74% rise in EBITDA to $2.4 million for FY26, driven by its expanding cloud gaming platform and resilient telecommunications base.

Westpac has completed the $15.4 billion sale of its RAMS mortgage portfolio to a consortium including Pepper Money, KKR, and PIMCO, lifting its capital ratio and simplifying operations.

ANZ has completed the acquisition of Worldline S.A’s 51% stake in ANZ Worldline, gaining full ownership of its merchant payments business and integrating around 270 employees as part of its 2030 strategic vision.

Jameson Resources has cleared a key environmental hurdle for its Crown Mountain coal project in British Columbia, receiving a Section 27 Notice that sets the stage for final approvals. The company also raised A$3 million to fund the next phase of environmental assessment and Indigenous engagement.

Neurotech International has secured FDA clearance for its NTI164 Investigational New Drug application and obtained Notices of Allowance for two US patents, advancing its Phase 3 autism spectrum disorder program.

HSBC Bank Australia is selling its AUD36 billion home and personal loan portfolio to Blackstone affiliates, marking a significant step in winding down its Australian retail banking operations. The deal awaits regulatory approvals and is expected to close in early 2027.

HSBC Bank Australia has agreed to sell its AUD36 billion home and personal loan book to Blackstone-managed funds, marking a significant retreat from retail banking. The deal awaits regulatory approvals and is expected to close in H1 2027.

HSBC Bank Australia is exiting its retail loan business by selling a AUD36 billion home and personal loan portfolio to Blackstone-managed funds, with completion targeted for early 2027 pending regulatory approval.

HSBC Bank Australia has struck a deal to offload its AUD36 billion home and personal loan book to Blackstone-managed funds, marking a strategic retreat from retail lending and a reshaping of its Australian operations.

Legacy Minerals delivers a robust scoping study for Mt Carrington with A$514 million pre-tax NPV, confirms a new gold-silver discovery at Mascotte, and advances multiple drilling programs across NSW projects.