Latest Financial Impact News

AMP has reached an agreement in principle to settle a long-running class action over commissions paid between 2014 and 2021, agreeing to pay $29 million without admitting liability.

Intelligent Monitoring Group has agreed to acquire Tyco NZ and Red Wolf for NZD 45 million, significantly boosting its New Zealand presence and FY26 earnings outlook.

Holista Colltech has received a formal notice from ASIC seeking recovery of approximately $1.09 million in legal costs related to Federal Court proceedings. The company is currently reviewing its options amid ongoing regulatory scrutiny.

Locate Technologies secures court approval to transition its holding company to a newly listed New Zealand entity, marking a significant restructuring and ASX delisting.

Ramelius Resources has announced an on-market buy-back program targeting up to 73.9 million ordinary shares, signaling a strategic move to manage capital and potentially boost shareholder value.

Pengana Private Equity Trust has announced an on-market buy-back of up to 10% of its ordinary units, signaling a strategic move in capital management starting late December 2025.

Matsa Resources has received an early A$1.5 million option fee payment from AngloGold Ashanti, reinforcing the latter’s commitment to the Lake Carey Gold Project and bringing total payments to A$7.2 million to date.

Lifestyle Communities is extending an option for existing homeowners to adopt a revised Deferred Management Fee model following a pivotal VCAT ruling, aiming to enhance transparency and goodwill regardless of the appeal outcome.

Nido Education Limited has completed the acquisition of two child care services for $6 million, projecting a $1.3 million EBIT boost in 2026. Both services boast occupancy rates above 90%, reinforcing Nido’s incubation growth strategy.

The Federal Court of Australia has approved BHP’s AU$110 million settlement of the Samarco shareholder class action, marking a significant legal milestone for the mining giant.

Melbana Energy has postponed drilling the Amistad-11 well in Cuba after joint venture partner Sonangol failed to meet payment obligations, triggering a formal Notice of Default.

De.mem Limited has successfully integrated Core Chemicals Pty Ltd, exceeding initial revenue expectations and setting the stage for geographic and sector expansion in the Australian gold mining chemicals market.