Latest Employee Relations News

Simonds Group delivered a sharp FY26 earnings rebound, with NPAT rising 950% to $10.5 million as revenue, site starts and margins all improved. The annual report also flags a qualified sustainability reporting outcome and a new Western Australian venture that will require execution and cash.

Key Petroleum reduced its FY2026 loss, but the oil and gas explorer continues to rely on equity funding while awaiting Queensland Government decisions on ATP 920 and ATP 924. An auditor’s unmodified opinion still highlights material uncertainty over the company’s ability to continue as a going concern.

Sunrise Energy Metals has put its Syerston scandium project on a stronger financial footing, ending FY2026 with A$115.4 million in cash and a conditional US$400 million debt commitment. The project still faces a decisive sequence of tests: final investment approval, binding offtake agreements, financing conditions and construction execution.

Bravura Solutions posted a 49% rise in net profit after tax for FY26 despite a near 10% decline in revenue, supported by strong margin improvements and underlying profit growth. The company declared a 15 cent final dividend, secured a $100 million debt facility, and announced a $50 million share buyback.

The Federal Court found Domino’s liable for misleading conduct over historical pay agreements, awarding underpayment to the lead plaintiff. Wider claims remain unresolved amid ongoing legal uncertainty.

Collins Foods has formalised a settlement deed to resolve a long-running employee class action over 10-minute rest breaks, with Federal Court approval still pending.

Resmed Inc. kicked off fiscal 2026 with robust 9% revenue growth and a notable 290 basis points gross margin expansion, signaling strong momentum in home healthcare innovation. The company also declared a $0.60 dividend and executed a $150 million share buyback, underscoring confidence in its strategic direction.

Pentanet reports steady Q1FY26 growth with positive EBITDA, rising 5G subscribers, and a strategic brand relaunch aimed at accelerating market presence.

FINEOS Corporation Holdings PLC reports solid Q3 2025 results, highlighting revenue growth, operational efficiencies, and a key North American client migration to its SaaS platform, underpinning positive free cash flow expectations for FY25.

FirstWave Cloud Technology has completed a $1.6 million annual restructure aimed at driving growth through AI-powered compliance management and monetising its large free user base.

The Hydration Pharmaceuticals Company Limited reported a 55% reduction in half-year losses to $1.44 million, driven by strategic cost reductions and a sharpened focus on US e-commerce operations. Despite a 15% revenue decline, the company is banking on new product launches and retail expansion to fuel growth.

Pentanet Limited has reported its first-ever positive EBITDA of $1.4 million for FY25, alongside an 8% revenue increase and a significant expansion of its 5G Fixed Wireless network covering a quarter of its tower footprint.