Latest Competition News

Perpetual Credit Income Trust (PCI) has announced a $267 million entitlement offer priced at a 9.1% discount, aiming to bolster its investment capacity. The offer includes a shortfall facility and top-up options for eligible unitholders and wholesale investors.

ANZ reported a 10% decline in statutory profit for FY2025, impacted by significant regulatory and restructuring charges, while reaffirming its ANZ 2030 strategy and maintaining a strong capital position.

ANZ Group Holdings reported a 10% decline in cash profit for FY2025 despite an 8% rise in operating income, maintaining its dividend amid significant restructuring and regulatory costs.

Fletcher Building has completed the sale of its 13.4% stake in the Pūhoi to Warkworth toll road, marking its exit from public-private partnership investments and a renewed focus on core operations.

SportsHero Limited has resumed trading on the ASX following a Supreme Court ruling addressing the company’s failure to lodge required cleansing notices for recent share issues.

Lunnon Metals has secured shareholder approval for its Ore Purchase Agreement and chosen Hampton Mining as the preferred contractor for its Lady Herial gold open pit, moving closer to operational commencement pending regulatory permits.

Tungsten Mining has secured a listing on the US OTCQB exchange and launched a Denver office, marking a strategic push into North America’s critical minerals market.

Wisr Limited has announced an $11.4 million equity raise alongside an upgraded FY26 outlook and a non-binding term sheet to refinance its debt at lower interest rates, positioning the fintech lender for profitability in the second half of FY26.

Solvar Limited has secured a new $487 million warehouse facility and resized an existing $270 million facility, boosting its total funding capacity to around $900 million and reducing its cost of funds.

Argent Minerals is set to commence a significant drilling program targeting silver and gold mineralisation at its flagship Kempfield and Trunkey Creek projects in New South Wales. The campaign aims to expand known resources and explore new zones across multiple high-priority targets.

Block, Inc. reported robust Q3 2025 results, driven by strong Cash App and Square performance, and raised its full-year guidance. The company’s AI innovations and expanding BNPL offerings are key growth engines.

Etherstack’s subsidiary has landed a A$2.5 million contract with the Australian Defence, reinforcing its growing footprint in sovereign defence communications.