Latest Housing News

US Masters Residential is now debt free after repaying its remaining Global Atlantic facility, leaving future property sale proceeds available for security holders after reserves and operating costs. The group sold 38 properties in the September quarter and expects only a small asset stub to remain at year-end.

Carma has reaffirmed its target for FY27 revenue growth above 80% and says it expects to reach positive EBITDA before the end of calendar 2027. The online used-car retailer is relying on record early trading, AI-led productivity gains and a second reconditioning shift to close the gap between scale and profitability.

Centrepoint Alliance has used its annual meeting presentation to outline the next stage of growth after normalised EBITDA rose 16% to $12.3 million in FY26. Salaried advice, IconiQ platform flows and in-house artificial intelligence now sit at the centre of the expansion plan.

Weyerhaeuser has reaffirmed a strategy targeting US$1.5 billion of incremental Adjusted EBITDA by 2030, backed by timberlands, engineered wood, land development and climate projects. The plan carries meaningful execution risk, with leverage at 5.0 times Adjusted EBITDA and several growth targets dependent on markets or unfinished agreements.

Aura Consolidated Group (ASX:AXQ) reported 24% year-on-year pro forma revenue growth in the September quarter, alongside US$12.4 million of adjusted free cash flow and a reaffirmed 2026 outlook. The Qoria merger is now feeding into a broader online-safety platform, with its new Solstice AI engine in limited beta ahead of a planned early-2027 release.

Finbar shareholders approved every resolution at the company’s 2026 AGM, while an accompanying presentation highlighted record FY26 presales of $567 million and a development pipeline exceeding $1.7 billion. The Perth apartment developer also reported $395 million in FY27-to-date presales as at 31 October.

Commonwealth Bank of Australia (ASX:CBA) delivered approximately A$2.8 billion in unaudited cash NPAT for 1Q27, with lending and deposit growth lifting income despite higher impairments and arrears. Capital and liquidity remained well above regulatory minimums, but rising risk-weighted assets and non-performing exposures add a note of caution.

Radius Health lifted first-half net profit attributable to shareholders by 27% to NZ$8.0 million and raised its interim dividend by 10% as occupancy remained strong. The aged-care operator also increased its FY27 earnings target, although debt and cash flow provide a counterweight to the upbeat result.

Vulcan Energy has begun mobilising a second company-owned heavy-duty drill rig to its Lionheart lithium and geothermal project in Germany. The move is designed to support parallel well construction across the 28-well program, while first production remains targeted for the second half of 2028.

Service Stream will acquire Programmed for $975 million and raise $475 million in new equity, targeting more than 20% pro forma FY27 EPS-A accretion. The deal would sharply increase scale, but also leaves shareholders facing dilution, higher debt and a substantial integration task.

Kincora Copper has started follow-up drilling at its newly named Cookara target in New South Wales after AngloGold Ashanti increased its 2026 partner-funded budget. The update expands the near-term program, but contains no new assay results or disclosed value for the additional funding.

Australia and New Zealand Banking Group Limited (ASX:AN3) reported a 27% increase in 2026 cash profit to $7.542 billion, helped by substantial cost reductions and stronger fee and trading income. The annual report also flags rising credit impairment, a softer housing market and unfinished regulatory remediation work.