Latest Competition News

Netwealth Group Limited reported a strong December quarter with record custodial inflows of $8.4 billion and total funds under administration reaching $125.6 billion, while announcing a $101 million compensation charge related to the First Guardian collapse.

Ballard Mining Limited has launched a A$50 million placement to fund extensive drilling and early works at its fully permitted Baldock gold project in Western Australia, aiming for a maiden ore reserve and a final investment decision in 2026.

Servcorp Limited has upgraded its FY2026 profit and cash flow guidance, reflecting robust operational momentum and improved revenue efficiency across its global serviced office portfolio.

APC Minerals Limited has completed a $264,000 capital raise through a placement of 66 million shares at 0.4 cents each, matching its recent entitlement offer price. This move aims to strengthen the company’s financial position as it advances its exploration projects and seeks new opportunities.

Australian Dairy Nutritionals reported a 152% surge in nutritional powder sales despite regulatory hurdles in Vietnam, while expanding its Future brand footprint across China.

The Australian Competition and Consumer Commission has advanced its review of Ampol’s acquisition of EG Australia to a more detailed Phase 2 assessment, signalling potential competition concerns. Ampol remains optimistic about completing the deal by mid-2026 despite the regulatory scrutiny.

The ACCC has referred Ampol’s acquisition of EG Australia to a detailed Phase 2 review, citing significant competition concerns in multiple Australian fuel markets. Ampol’s proposed divestments have so far failed to satisfy the regulator.

The ACCC has referred Ampol’s acquisition of EG Australia to a detailed Phase 2 review, citing concerns that the deal could significantly reduce competition in key Australian fuel markets.

29Metals has successfully closed its institutional entitlement offer, raising approximately $119 million at a notable discount, with a retail offer set to launch later this month. The capital raise aims to fuel key growth projects across its mining portfolio.

Adveritas Limited has reported a record $14.25 million annualised recurring revenue for the December 2025 quarter, driven by strong US market growth and AI-enhanced product development. The company’s strategic focus on media agency partnerships and new product lines signals robust momentum ahead.

Paladin Energy reports a strong production ramp-up at its Langer Heinrich Mine and confirms robust progress on the Patterson Lake South project, supported by a strengthened balance sheet and a positive uranium market outlook.

Australian Strategic Materials and Energy Fuels are set to discuss their proposed acquisition in a joint webcast, offering investors a closer look at this strategic move.