Latest Financial Impact News

ARN Media faces a legal challenge from Kyle Sandilands and his companies, disputing the termination of his contract with KIIS 1065 Sydney. The case, filed in the Federal Court, raises questions about misconduct claims and contractual obligations.

St Barbara Limited is on track to complete key transactions with Lingbao Gold Group and Kumul Mineral Holdings, unlocking A$370 million in cash and advancing the New Simberi Gold Project.

ASX Compliance has formally queried Reckon Limited regarding a late filing of a director interest notice, raising potential breaches of key listing rules. The company must respond swiftly to avoid trading disruptions.

Klevo Rewards’ subsidiary Fly Wallet has gained multi-jurisdictional certification, paving the way for its corporate card programs across 18 international markets.

Worley has received the Full Notice to Proceed from Venture Global for Phase 2 of the CP2 LNG export project in Louisiana, marking a significant milestone following Venture Global’s Final Investment Decision.

Infotrust has agreed to acquire Canberra-based Catalyst Cyber, marking a strategic push into federal government cyber security markets with an expected earnings boost from the deal.

Western Gold Resources has formalised critical road access agreements enabling ore haulage from its Gold Duke Project to nearby processing facilities, marking a significant step forward in project development.

Adelong Gold Limited has received a $1.17 million tax indemnity claim linked to alleged fraudulent GST reporting at Challenger Mines, which it plans to dispute. The claim stems from activities predating the current management team.

360 Capital Mortgage REIT has announced an on-market buy-back program for up to 544,337 ordinary units, set to run from March 2026 through March 2027. This move signals a strategic capital management initiative without requiring security holder approval.

Variscan Mines has obtained Supreme Court approval to rectify a delayed cleansing notice related to a major share issue, paving the way for trading to resume. The company has also committed to strengthening its compliance procedures following the oversight.

The Brazilian government has imposed a 12% tax on crude oil exports effective immediately, a move framed as windfall profit sharing amid high oil prices. Karoon Energy, with significant Brazilian operations, faces new cost pressures as the tax awaits potential ratification by Congress.

Collins Foods has agreed to settle a class action over employee 10-minute rest breaks for up to AUD 9 million, pending Federal Court approval. The settlement includes flexible terms based on participant numbers, with no admission of liability.