Latest Competition News

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.

New Murchison Gold Limited has dismissed recent media speculation of a takeover offer from Westgold Resources, reaffirming their ongoing strategic alliance and operational cooperation.

Straker Limited reveals Nike will not renew its services contract, impacting a notable portion of its revenue and earnings in the upcoming fiscal year.

Jameson Resources has raised A$3.5 million through a two-tranche placement to fund environmental approvals and Indigenous engagement for its Crown Mountain Hard Coking Coal Project in Canada.

Ionic Rare Earths has signed a pivotal MOU with EMR to develop a circular supply chain for rare earth magnets, supporting its Belfast recycling plant and the UK’s net-zero ambitions.

Way2VAT has secured a significant three-year contract with global real estate giant JLL, deploying its AI-driven VAT recovery and compliance platform across 25 entities worldwide. This deal positions Way2VAT as a key player in automated VAT solutions for multinational corporations.

Lanthanein Resources has withdrawn from its farm-in agreement on the Lady Grey Lithium Project, signaling a strategic pivot. The company is now focusing on other growth opportunities to boost shareholder value.

Elders Limited has reported a robust 67% increase in underlying EBIT for the first half of FY25, driven by higher livestock prices and strategic acquisitions, while navigating challenges from dry weather impacting crop inputs.