Latest Government It News

Redox Limited reported a robust FY26 with profit after tax rising 19.2% to $91.9 million on record revenue of $1.33 billion, supported by strong North American growth and improved margins. The company declared a fully franked final dividend of 6.5 cents, bringing total dividends to 13 cents per share.

Lindian Resources confirms Kangankunde Rare Earths Project remains on track for first production in late 2026, with concurrent progress across construction, mining, and operational readiness. The company is expanding its operational footprint internationally and strengthening its team to support the transition from construction to production.

MLG Oz Limited lifted net profit after tax by 19.2% to $14.5 million, supported by stronger crushing and screening services and renewed contracts with key mining clients.

Megaport has posted a 37% jump in FY26 revenue to $312 million, driven by strategic acquisitions and a broadening platform across compute, network, and storage. The company raised over $1 billion to fund AI-focused contracts and infrastructure growth.

APA Group (ASX:APA) posted an 81% jump in net profit after tax to AUD 234 million for FY26, driven by strong EBITDA growth, cost savings, and contributions from new assets. The company declared its 22nd consecutive distribution increase, advancing key infrastructure projects and sustainability goals.

Bega Cheese Limited has delivered a robust FY2026 with a $54.8 million statutory profit, a 6.7% revenue increase, and a raised final dividend of 7.5 cents per share. The company is advancing its strategic growth plans focused on high-protein products, international expansion, and sustainability initiatives.

Maas Group Holdings posted a record FY26 with underlying EBITDA up 37% to $300.3 million, driven by electrical manufacturing growth. The $1.7 billion sale of its Construction Materials division to Heidelberg Materials is set to reshape its capital allocation and growth strategy.

Pepper Money Limited (ASX:PPM) reported a landmark half-year to June 2026, with originations soaring 40% and net profit after tax rising 15% on a pro-forma basis, underpinned by strong mortgage growth and new servicing contracts.

PlaySide Studios reversed a prior-year loss with a 13% revenue increase to $54.9 million and a 144% jump in net profit to $5.4 million, driven by strong Original IP sales and a strategic cost restructure.

Westgold Resources reports a 41% jump in gold Ore Reserves to 4.1 million ounces with a 15% grade uplift, achieved at a notably low reserve addition cost of $27 per ounce. The company plans to invest up to $75 million in exploration drilling in FY27 to sustain this growth trajectory.

Brambles Limited posted a 6% rise in sales revenue to US$7.04 billion for FY26, navigating US repair bottlenecks with decisive investments and reaffirming growth targets for FY27 and beyond.

Finbar Group delivered its strongest profit since FY15 with a 41% rise in NPAT to $20.3 million despite a 28% revenue decline, underpinned by record pre-sales and a robust development pipeline exceeding $1.8 billion.