Latest Competition News

SKS Technologies has been awarded a $100 million contract to fit out electrical infrastructure for a new data centre building in Melbourne, marking a significant boost to its project pipeline and work on hand.

Critica Limited announces the resignation of Managing Director Philippa Leggat, who led key advances in the Jupiter rare earth project. An interim CEO is appointed as the Board begins the search for a permanent successor.

The ACCC has decided not to oppose Insurance Australia Group’s proposed acquisition of RACQ Insurance, finding that competition in Queensland’s motor and home contents insurance markets remains robust despite the deal.

BetMakers Technology Group reports a strong FY25 trading update, driven by enhancements to its Apollo racing suite and preparations for the GTX wagering platform launch, signaling robust momentum heading into FY26.

betr Entertainment has successfully closed the retail portion of its $130 million equity raise, securing funds to advance its strategic acquisition of PointsBet Holdings.

Hutchison Telecommunications’ Independent Board Committee advises shareholders to take no immediate action on the off-market takeover offer from majority owner HTABV, as it carefully evaluates the proposal.

Fortescue Metals Group updates on the Iron Bridge magnetite project, projecting a steady ramp-up to full capacity by FY28 with operational improvements driving production and cost efficiencies.

OD6 Metals has secured regulatory approval to launch an 18-hole, 5,000-metre drilling program at its Gulf Creek Copper Project, targeting promising repeat mineral structures. A further 7-hole deep drilling phase awaits approval, potentially expanding exploration near historic high-grade copper zones.

Ventia Services Group Limited delivered strong financial results for 2024, highlighted by a 12.8% rise in NPATA and a record 92% contract renewal rate, while reaffirming growth guidance despite ongoing ACCC proceedings.

Moho Resources has completed the sale of its Empress Springs Project, securing an initial payment of $408,500 with a deferred $300,000 to follow next year, reinforcing its asset optimisation strategy.

Comms Group Ltd launches a $7 million capital raising, including a fully underwritten entitlement offer, to acquire Tasmanian IT services provider TasmaNet, aiming to boost its revenue and market reach significantly.

Argenica Therapeutics has expanded its intellectual property with a new US patent targeting surgically induced strokes, enhancing the commercial potential of its lead drug candidate ARG-007.