Latest Competition News

Metcash Limited posted a modest rise in FY26 revenue and EBITDA, driven by strong Food segment growth and strategic acquisitions, while facing pressure in Hardware margins and suspending its Dividend Reinvestment Plan.

Duratec Limited has finalised its $12 million acquisition of Pacific Welding Australia, expanding its footprint in the Energy and Mining sectors along Australia’s East Coast and enhancing its self-perform capabilities.

Tungsten Mining NL's Watershed Preliminary Economic Evaluation reveals a robust project with a pre-tax NPV of A$1.3 billion and a swift payback, aiming for first production by 2027 amid tightening global tungsten supply.

ECS Botanics has commenced commercial sales of Gelonoidz #20, its first Australian-grown Terphogz cultivar, marking a key step in expanding its premium medicinal cannabis portfolio with plans for more cultivars in FY27.

Fleetwood is divesting its RV arm Camec and shutting its Smithfield manufacturing site to sharpen focus on modular building. The moves will cost up to $24 million in FY26 restructuring charges and halt the final dividend.

PhosCo Ltd has received A$1.1 million from the European Bank for Reconstruction and Development and an additional A$0.6 million from early option exercises, strengthening its cash position ahead of a pivotal updated scoping study for its Gasaat Phosphate Project.

Macro Metals has uncovered high-grade iron assays up to 62.1% Fe in newly mapped areas adjacent to its existing 16.1Mt @ 54.2% Fe resource at the Extension Iron Project, while environmental surveys clear the way for upcoming approvals.

Microba Life Sciences is targeting a $6 million capital raise through a $1 million Securities Purchase Plan and a $5 million Placement, both subject to shareholder approval. The funds aim to accelerate diagnostics growth and develop a new testing product.

Dexus Convenience Retail REIT reports a 1.1% net valuation uplift for H1 2026 and increases its on-market buy-back target to 5% of securities, signalling confidence in its portfolio and capital management.

Arena REIT's portfolio valuation rises by $11.5 million in H2 FY2026, underpinning a 5.5% increase in distributions and continued active portfolio management.

Lifestyle Communities has boosted new home sales by over 50% year-to-date in FY26 while slashing unsold inventory and net debt, positioning itself for stronger long-term returns amid cautious market conditions.

Acrow Limited (ASX:ACF) is set to expand its Industrial Access and Construction Services footprint with a $54.5 million acquisition of Ausgroup and Preston SuperDeck, funded by a fully underwritten $70 million equity raise and a $10 million share purchase plan. The company also upgraded its FY27 revenue and EBITDA guidance by 21% and 15% respectively.