Latest Credit Rating News

Telstra Group Limited has announced an additional $1 billion on-market share buy-back following a recent $750 million program, underscoring its strong financial position and commitment to shareholder returns.

Telstra Group Limited reported solid financial growth for FY25, completing its T25 strategy and launching a new five-year Connected Future 30 plan focused on connectivity and AI innovation.

AGL Energy’s FY25 results show a strategic pivot with $900 million invested in battery projects despite a 9% EBITDA decline, setting the stage for a flexible energy future.

Evolution Mining has delivered a landmark FY25 with record profits and cash flow, tripling its final dividend, while setting a stable production and cost outlook for FY26 amid ongoing project developments and sustainability commitments.

Evolution Mining has delivered a landmark FY25 with soaring profits, a hefty dividend boost, and strong sustainability gains, setting the stage for continued growth in FY26.

Evolution Mining Limited has reported a landmark FY25 with statutory net profit soaring 119% to $926.2 million and record gold and copper output across its portfolio. Key projects like Mungari’s mill expansion and Cowal’s open pit extension are progressing ahead of schedule, underpinning a confident outlook.

Commonwealth Bank of Australia reported a 4% rise in cash NPAT to $10.25 billion for FY25, alongside a 20 cent dividend increase and robust capital ratios, underpinned by strong lending growth and heavy investment in AI and digital innovation.

Coronado Global Resources reported a $172.4 million net loss for the half-year ended June 30, 2025, driven by falling metallurgical coal prices and reduced sales volumes. The company initiated liquidity measures including a $75 million coal prepayment and debt refinancing, but credit rating downgrades have cast doubt on its going concern status.

QBE Insurance Group reported a robust half-year performance with a 28% rise in adjusted net profit and solid premium growth, underpinning a confident outlook for 2025.

Centuria Industrial REIT (ASX, CIP) reported solid FY25 financial results with robust occupancy and earnings growth, setting the stage for higher distributions and continued development in FY26.

Centuria Industrial REIT reported a solid FY25 with a 2% rise in Funds From Operations and announced a $60 million on-market buy-back to address valuation gaps. The REIT projects further growth in FY26 backed by robust leasing and asset management.

Charter Hall Long WALE REIT reported stable FY25 financials with a $5.5 billion portfolio and 99.9% occupancy, maintaining strong income security. The REIT projects modest growth in FY26 with a 6.1% distribution yield.