Latest Competition News

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Westpac Banking Corporation announces a fully franked distribution of AUD 1.2463 per Capital Note 7 for Q3 2025, reflecting a 4.9447% annualised rate based on the 3-month BBSW plus margin.
Victor Sage
Victor Sage
26 June 2025
SunRice reported a slight decline in FY25 revenue to $1.85 billion but achieved improved profitability, driven by strategic acquisitions and operational efficiencies. The company is investing in sustainability and capacity upgrades as it pursues its 2030 Growth Strategy.
Victor Sage
Victor Sage
26 June 2025
Adherium Limited has announced a partially underwritten entitlement offer aiming to raise approximately A$4.5 million through the issuance of new shares and options at a significant discount. The capital raise is designed to accelerate patient onboarding and product development for its respiratory monitoring technology.
Ada Torres
Ada Torres
26 June 2025
SunRice Group reported a 4% rise in net profit for FY25 alongside an 8% dividend increase, navigating inflation and currency volatility with strategic growth initiatives.
Victor Sage
Victor Sage
26 June 2025
Ricegrowers Limited (SunRice) reported a 3.7% rise in profit after tax for FY25 despite a 1.5% decline in revenue, driven by strategic cost savings and product innovation. The company announced a fully franked 50 cent final dividend and reactivated its Dividend Reinvestment Plan.
Victor Sage
Victor Sage
26 June 2025
Kinterra Capital has announced an all-cash $204 million takeover bid for New World Resources, offering a significant premium over a rival bid and recent trading prices. The move positions Kinterra to potentially gain full control of NWR, reshaping the company’s future.
Maxwell Dee
Maxwell Dee
26 June 2025
QuickFee Limited has successfully completed an oversubscribed Share Purchase Plan, raising a total of A$1.532 million alongside a recent placement, positioning the fintech for accelerated loan book expansion in the US and Australia.
Victor Sage
Victor Sage
26 June 2025
MIXI Australia has launched a recommended all-cash takeover offer for PointsBet at $1.20 per share, significantly outpacing rival Betr Entertainment’s scrip proposal. The PointsBet board unanimously supports MIXI’s bid, highlighting its certainty and premium value.
Claire Turing
Claire Turing
26 June 2025
Neometals’ joint venture Reed Advanced Materials has signed a non-binding MoU with Rio Tinto to collaborate on advancing the ELi Process, a lithium hydroxide production technology promising significant cost and environmental benefits.
Maxwell Dee
Maxwell Dee
26 June 2025
xReality Group has raised $2 million through a discounted share placement to fuel the international expansion of its Operator XR virtual reality training platform, targeting law enforcement and military sectors.
Sophie Babbage
Sophie Babbage
26 June 2025
Magellan Asset Management announces a 12.25 cents per unit final distribution for its High Conviction Trust Active ETF for the six months ending June 2025, with key dates set for investors.
Claire Turing
Claire Turing
26 June 2025
Wide Open Agriculture has achieved a breakthrough in lupin protein production, slashing energy consumption by up to 80% and halving processing time in a recent commercial-scale trial. These efficiency gains pave the way for more cost-effective, scalable manufacturing.
Ada Torres
Ada Torres
26 June 2025