Latest Expansion News

Barrow Hanley Global Share Fund grew net assets attributable to unitholders to A$2.78 billion in the year to 30 June 2026, even as operating profit fell to A$374.7 million. Distributions more than doubled to A$483.1 million, reflecting a larger and more active fund rather than a straightforward improvement in underlying earnings.

Moody’s has affirmed Emeco’s Ba3 corporate family rating with a stable outlook, citing lower leverage, strong liquidity and the growing contribution from maintenance services. The rating remains constrained by Emeco’s smaller scale and exposure to mining-sector cycles.

Latrobe Magnesium has received a non-binding US$15 million Letter of Support from a confidential US financial institution for the feasibility study on its proposed 50 ktpa South Carolina magnesium plant. The funding remains conditional on matching finance, due diligence, approvals and definitive agreements.

Hydrix has secured a three-year contract with Singapore’s National Heart Centre to deploy the Implicity remote cardiac monitoring platform. The agreement is expected to generate about A$0.625 million, although the final value depends on patient volumes and implementation.

Omega Oil & Gas has been selected as preferred tenderer for 1,138 square kilometres of new Taroom Trough acreage, taking its operated position to 2,947 square kilometres. The award remains subject to Queensland Government processes, but would materially enlarge the company’s exploration inventory alongside Beach Energy and Tri-Star E&P.

MA Financial has agreed to buy a 50% interest in Melbourne’s The Glen Shopping Centre for $327.5 million while launching a fund targeting more than $500 million of large format retail assets. The transactions lift its retail property activity in the second half of 2026 to $500 million.

Altair Minerals has secured an exclusive option over eight permits adjoining its South Oko project in Guyana, adding 29km2 and lifting exposure to the Oko Shear Contact to about 18km of strike. The deal expands exploration optionality, but ownership remains subject to due diligence, staged payments and a future exercise decision.

Solstice Minerals has extended copper-gold mineralisation beyond Nanadie’s current resource boundary, while downhole electromagnetic surveying has identified a 140m by 140m conductor scheduled for immediate drilling. The results add momentum to a three-rig campaign, but the resource itself remains unchanged.

Thrive Tribe Technologies is developing WooBoard CARE, a free-to-use directory intended to help Australian veterans find allied health providers accepting DVA Veteran Cards and taking new clients. The initial build targets physiotherapy and psychology across the Gold Coast, Brisbane and Ipswich, with providers potentially paying subscriptions for verified listings.

Vinyl Group grew FY26 revenue by 31% and nearly halved its net loss, but auditors flagged a material uncertainty over the company’s ability to continue as a going concern. The ASX-listed media group is now relying on acquisition-led growth, higher margins and possible future funding to reach profitability.

FOS Capital has completed a $1.55 million placement at $0.12 a share, giving the lighting and electrical services group fresh funding for growth initiatives. A further $310,000 director subscription remains subject to shareholder approval.

Dyno Nobel has reaffirmed its FY26 outlook and retained its A$600 million FY28 underlying EBIT ambition, while setting a new A$800 million target for FY31. The explosives maker is positioning defence energetics, premium technology and growth in mining markets as the next leg of expansion.