Latest Government It News

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Magellan Financial Group has announced a landmark merger with Barrenjoey Capital Partners, creating a diversified financial powerhouse valued at over A$1.6 billion. The deal includes a significant share placement and board reshuffle, setting the stage for expanded market influence.
Claire Turing
Claire Turing
2 Mar 2026
Nexion Group Ltd reports a striking turnaround to a $6.3 million net profit in H1 2026, driven by gains from subsidiary sales, while continuing operations still face losses amid efforts to regain ASX trading status.
Sophie Babbage
Sophie Babbage
27 Feb 2026
Merino & Co. Limited reported a 60.5% drop in revenue and a 28.2% increase in net loss for the half-year ending December 2025, reflecting a strategic investment phase aimed at future growth. The company is expanding production capacity and building inventory ahead of wholesale expansion, signaling a pivot towards revenue acceleration.
Victor Sage
Victor Sage
27 Feb 2026
FirstWave Cloud Technology reported a 15.9% revenue decline and a 47.2% increase in net loss for H1 FY2026, driven by product discontinuations and restructuring costs. The company completed a $2.85 million equity raise and secured a $2.5 million loan facility to bolster liquidity.
Sophie Babbage
Sophie Babbage
27 Feb 2026
Betashares Capital Ltd has announced the final distribution amounts for February 2026 across a broad range of its ETFs listed on the ASX AQUA market, alongside details on the Distribution Reinvestment Plan.
Claire Turing
Claire Turing
27 Feb 2026
RLF AgTech reported a 5% increase in revenue to $14.3 million for the half-year ending December 2025, while posting a $4.08 million loss reflecting a deliberate investment phase. The company also appointed Stuart Upton as CEO to lead its next growth chapter.
Ada Torres
Ada Torres
27 Feb 2026
Orion Equities reported a modest loss of $11,051 for the half-year ending December 2025, with net tangible asset backing per share holding steady at $0.42. The company’s investment portfolio, notably in Strike Resources and Bentley Capital, remains central to its financial position.
Victor Sage
Victor Sage
27 Feb 2026
Mayfield Childcare Limited reported a modest revenue increase for 2025 but suffered a dramatic net loss and faced an audit qualification over related party disclosures.
Victor Sage
Victor Sage
27 Feb 2026
ClearVue Technologies reported a 9% reduced half-year loss of $5.25 million, while pushing forward with significant advancements in its solar glass technology and expanding global licensing partnerships.
Victor Sage
Victor Sage
27 Feb 2026
SDI Limited reported a modest 2% dip in net profit for H1 FY26 despite a 2.7% rise in sales, driven by growth in aesthetics and exports. The company faces challenges from regulatory bans on Amalgam products while advancing plans for manufacturing upgrades and a potential acquisition.
Ada Torres
Ada Torres
27 Feb 2026
RBR Group Limited narrowed its half-year loss to $588,746 as Mozambique LNG project activities resumed, underpinning cautious optimism amid ongoing funding challenges.
Maxwell Dee
Maxwell Dee
27 Feb 2026
Halo Technologies Holdings Ltd posted a $17.4 million loss for 2025, widening from $14.5 million the previous year, as revenue fell 16%. The company completed a $3.9 million rights issue and announced a strategic pivot in its UK operations.
Claire Turing
Claire Turing
27 Feb 2026