Latest Financial Risk News

Bendigo and Adelaide Bank is embarking on a three-year, $70 million program to fix significant non-financial risk management weaknesses flagged by APRA, while reporting a $375 million statutory profit for FY26 impacted by rectification provisions and legal penalties.

BlueScope Steel posted a remarkable 857% jump in reported NPAT to $802 million for FY2026, underpinned by strong US spreads, cost discipline, and growth in value-added steel products. The company declared record dividends and advanced key decarbonisation projects, signaling a confident transition from investment to shareholder returns.

Sequoia Financial Group has scrapped its fully franked interim dividend for the half-year ended December 2025, citing ongoing Federal Court proceedings and related legal claims. The Board prioritises capital preservation and risk reduction as the company navigates complex litigation tied to its InterPrac subsidiary.

Jindalee Lithium has taken another regulatory step by filing an amended Form S-4 with the US SEC, progressing its plan to spin out US lithium assets via US Elemental and list on NASDAQ.

ANZ posted a 3Q26 cash profit of AUD 1.90 billion, modestly up on the half-year quarterly average despite a NZD125 million legal provision. The bank’s capital position strengthened, and strategic integration efforts progress on schedule.

Dateline Resources faces a US court injunction halting operations at its Colosseum Project, while ASX suspends and then reinstates trading over disclosure timing concerns.

Japan Australia Fluorite Associates has received a $3 million funding tranche under the $7.4 million IPCM grant, supporting the ongoing Definitive Feasibility Study for the Speewah Fluorite Project in Western Australia.

GoldArc Resources has delivered its strongest gold intercept at Mt Stirling Well, reinforcing high-grade continuity and advancing mine planning under a fully funded drilling program.

Domino’s Pizza Enterprises is appealing a Federal Court judgment ordering payment to the lead plaintiff in a class action, with wider financial exposure still unclear.

Sheffield Resources reported a 20% rise in ore mined and an 11% increase in concentrate production at its Thunderbird Mine, alongside an 8% jump in zircon prices amid improving market conditions.

Argent BioPharma has eliminated US$5.5 million in secured debt through a global licensing agreement for its CannEpil® epilepsy therapy, while completing a key acquisition and advancing clinical trials in veterinary therapeutics.

Strategic Energy Resources (ASX:SER) is gearing up for a major 2026 field season with three high-impact diamond drilling programs across its Queensland copper-gold projects, backed by joint ventures and government grants. A $1.5 million capital raise recently completed will support drilling activities, while a new $6 million JV with Sumitomo Metals Mining targets the Bulimba Gold Project.