Latest Competition News

Smartpay Holdings Limited reported a 9% increase in revenue to NZD 104.7 million for FY2025 but recorded a net loss and suspended its dividend, signaling challenges ahead despite top-line growth.

New Frontier Minerals accelerates its NWQ Copper Project development by sending bulk samples to Austral Resources’ Mt Kelly plant, formalizing a key processing partnership that could fast-track copper output.

REA Group has confirmed it is under investigation by the ACCC concerning its subscription offerings, signaling potential regulatory scrutiny for the property tech giant.

Gratifii Limited has raised $1.7 million through an institutional placement to fund technology upgrades and expand its client base, aiming to hit an $84 million revenue target in FY26.

Western Mines Group has raised $1.287 million through a strategic placement to fast-track exploration at its flagship Mulga Tank project, signalling renewed momentum in its nickel and precious metals ambitions.

Viridis Mining and Minerals, through its joint venture Viridion, has delivered the first batch of high-purity rare earth oxides recycled from Brazilian magnets to Latin America’s only magnet manufacturer, marking a key step in establishing a domestic rare earth supply chain.

OpenLearning has secured a significant five-year SaaS contract with National University, one of the Philippines’ largest private universities, marking a major step in its regional expansion and AI-driven LMS adoption.

Straker Ltd reports a solid FY25 performance marked by a strategic shift from legacy translation services to AI-powered language verification, underpinned by robust cash reserves and improved profitability.

Wisr Limited has inked a $267 million loan funding warehouse facility led by Barclays, boosting its capacity to expand personal and secured vehicle loans. This move enhances Wisr’s funding flexibility and cost efficiency as it pursues aggressive growth.

Telstra Group Limited has unveiled its Connected Future 30 Strategy, setting a long-term roadmap for the telecommunications giant's evolution over the next three decades.

Syrah Resources has clarified its offtake agreement with Tesla, extending the final qualification deadline for its Vidalia anode active material facility to February 2027. Both companies continue advancing towards commercial sales despite the extended timeline.

Orbital Corporation has appointed Stephen Pearce as CEO, marking a strategic shift from engine development to commercialising propulsion and flight management systems for defence UAVs.