Latest Credit Ratings News

Woolworths Group posted solid full-year results for FY26, driven by strong Australian Food sales and complementary businesses, alongside a 15.6% increase in the fully franked final dividend.

Aurizon launches a $250 million on-market share buy-back starting September 2026, signalling confidence in its financial outlook and disciplined capital management following a strong FY2026 performance.

Dalrymple Bay Infrastructure reported a 14.2% rise in net profit for H1 2026, underpinned by higher terminal charges and ongoing capital investment, while raising distribution guidance by 8.5%.

Liberty Financial Group delivered a 7.8% rise in net profit after tax to $143.8 million for FY26, underpinned by record loan originations and stable credit quality. The group declared a fully franked 15 cent special dividend payable in September 2026.

General Capital’s 2026 Annual Shareholders Meeting saw a notable board shake-up as investors declined to re-elect Brent Douglas King, while approving a near 10% hike in directors' remuneration.

Vicinity Centres delivered a robust FY26 with a $1.39 billion statutory net profit, strategic acquisitions in key growth corridors, and a strengthened premium retail portfolio.

Dexus (ASX: DXS) reported steady FY26 results with AFFO of 45.0 cents per security and distributions of 37.0 cents, while initiating a strategic review of infrastructure funds following an adverse APAC court judgment.

Cuscal Limited reported a 49% jump in statutory profit after tax to $42.7 million for FY26, driven by strategic acquisitions of Indue and Paymark that expanded its Australian and New Zealand footprint. The company declared a fully franked 7-cent final dividend and expects mid-twenties percentage growth in underlying profit and transaction volumes for FY27.

APA Infrastructure Limited (ASX:AP2) posted a 95% jump in profit after tax to $226 million for FY26, declared a hefty final dividend, and greenlit a $259 million investment in a Queensland solar farm and battery storage system.

APA Group (ASX:APA) posted an 81% jump in net profit after tax to AUD 234 million for FY26, driven by strong EBITDA growth, cost savings, and contributions from new assets. The company declared its 22nd consecutive distribution increase, advancing key infrastructure projects and sustainability goals.

Auckland Airport posted a 3% revenue increase and a stable underlying profit of NZD 309 million in FY26, driven by robust passenger growth and a $1 billion infrastructure push, while cautioning on near-term fuel price volatility and geopolitical risks.

The Lottery Corporation reported a resilient FY26 performance despite a rare jackpot drought, extending its Victorian licence by 40 years and unveiling a fresh digital-focused strategy.