Latest Financial Impact News

Australian Clinical Labs has reached a $6.2 million settlement with the Australian Information Commissioner to resolve a Federal Court case stemming from a 2022 cyberattack on its newly acquired Medlab Pathology business.

Scalare Partners has acquired Brisbane-based virtual CFO provider Planet Startup, enhancing its services for early-stage tech ventures and signaling continued growth through strategic acquisitions.

Schaffer Corporation has pulled its first-half profit forecast for its Automotive Leather division following a major cyber-attack on Jaguar Land Rover that halted production. The incident casts uncertainty over short-term sales and profitability.

The Queensland Government has postponed the suspension of The Star Gold Coast's casino licence until September 2026, extending regulatory oversight as the company continues remediation efforts.

Core Lithium has terminated its final spodumene offtake agreement with Ganfeng Lithium, unlocking full marketing flexibility for its Finniss Lithium Project and enhancing strategic funding options.

Super Retail Group has confidentially settled its previously disclosed workplace litigation for less than initially anticipated, avoiding any admission of liability.

Tower Limited has renewed its FY26 reinsurance programme with lower premium expenses and enhanced catastrophe coverage, signaling strong financial resilience amid evolving risk landscapes.

K&S Corporation has lost its decades-long transport service contracts with InfraBuild following a competitive tender, with the transition expected before the end of FY2026. The financial impact remains unclear as the company prepares for operational changes.

Nickel Industries Limited plans to issue new senior unsecured notes while tendering its existing 2028 notes, aiming to extend its debt maturity profile and optimize its capital structure.

Myer Group posted modest sales growth in FY25, buoyed by the Apparel Brands acquisition, but faced profitability challenges from operational disruptions and macroeconomic pressures. The Group is advancing its omni-channel strategy and cost management initiatives while addressing National Distribution Centre issues.

Renergen Limited forecasts a significant increase in its loss per share for the six months ending August 2025, driven by one-off transaction expenses and full commissioning costs of its Phase 1 plant.

Enegex Limited has voluntarily suspended trading on the ASX as it prepares to announce a significant acquisition and capital raising, heightening market anticipation.