Magellan Financial Group has finalised its merger with Barrenjoey Capital Partners, forming a diversified financial services group poised to rebrand as Barrenjoey Group Limited. The combined entity appoints Brian Benari as CEO and David Gonski AC as Chairman, signalling a strategic expansion across investment management, financial markets, and corporate finance.
Australis Oil & Gas reported a $24.9 million loss in 2025, driven largely by impairment charges linked to strategic asset transactions. The company secured a major development partner and sold a significant stake in producing wells, enabling full debt repayment and bolstering cash reserves.