Latest Equipment Hire News

NRW Holdings' Golding Contractors has secured $130 million in civil works contracts for major residential developments at Yarrabilba and Shoreline, extending its footprint in Queensland's booming housing market.

EQ Resources delivered a breakout quarter with A$79 million revenue and A$22.5 million operating cash flow, driven by a 176% production surge at Mt Carbine and soaring tungsten prices. The company greenlit a major expansion to double crushing capacity, targeting commissioning in Q3 FY2027.

Alfabs Australia has locked in a 12-month hire agreement for its Continuous Miner CM04 with a Queensland mining client, adding around $2.5 million in annualised revenue and boosting fleet utilisation.

Alfabs Australia has strengthened its financial footing in Q4 FY26, commissioning new mining equipment and cutting costs to reduce net debt and progress towards dividend reinstatement.

Babylon Pump & Power has secured $0.4 million in convertible loans from key shareholders and plans a $12.7 million rights issue at a 35% discount to address working capital shortfalls and reduce debt.

Golding Contractors, a subsidiary of NRW Holdings, has secured two major contracts worth up to $195 million, underpinning its regional presence and boosting NRW's FY27 order book.

Alfabs Australia is sharpening its financial focus with a plan to double or triple free cash flow by FY2028, underpinned by a disciplined capital framework and a clear dividend reinstatement path.

Group 6 Metals disclosed breaches of ASX Listing Rule 10.1 due to related party transactions made without required shareholder approval during a period of negative equity. The company will seek retrospective approval at a July meeting and has since returned to positive equity.

SGH Ltd’s Investor Day showcased its diversified portfolio strength, with key insights into operational performance and strategic priorities across WesTrac, Boral, Coates, and its significant energy and media holdings.

SGH Ltd reported a stable half-year EBIT of $844 million alongside a robust 32% increase in operating cash flow, driven by solid performances at Boral and WesTrac. The company reaffirmed its FY26 guidance amid ongoing operational momentum and strategic initiatives.

Symal Group Limited has announced the acquisition of Timms Group and L&D Contracting, significantly boosting its footprint in Queensland’s civil infrastructure market ahead of the 2032 Brisbane Olympics.

Aquirian Limited reported a 13% revenue increase to $26.1 million in FY25, securing a $20 million three-year contract with a Western Australian goldmine and advancing its innovative Collar Keeper® technology.