Latest Innovation News

Australian Bond Exchange Holdings has responded to ASX queries confirming the material impact of its involvement in the RBA's Project Acacia and acknowledged a director's breach of trading rules during a closed period.

Simonds Group delivered stable FY25 revenue and modest EBITDA growth despite one-off acquisition expenses, positioning itself for growth through strategic product and channel expansion in FY26.

Simonds Group Limited reported steady revenue of $665.6 million for FY2025, alongside a modest net profit of $1.015 million, as it completed the strategic acquisition of Dennis Family Homes. The company is focused on integrating the acquisition and driving growth amid a recovering housing market.

Bass Oil reported steady oil production in July alongside progress in acquiring the Vanessa gas field and advancing deep coal commercialisation efforts.

Regal Asian Investments Limited posted a sharp 92% decline in net profit for FY25 amid volatile Asian markets but maintained a fully franked 6 cent dividend and continued its on-market share buy-back program.

ReNerve Limited has achieved a key milestone with its first sale and clinical use of a deep dermal tissue product in the US, broadening its surgical applications beyond nerve repair. This move complements its existing nerve repair portfolio and sets the stage for further product launches later this year.

Rhythm Biosciences is raising up to $3.75 million through a share placement to fund the launch of its ColoSTAT® colorectal cancer diagnostic and accelerate commercialization of its geneType™ portfolio.

Cleo Diagnostics has launched a health economic study in partnership with EntityRisk and Norstella to support the U.S. market entry of its Ovarian Cancer Pre-Surgical Test, aiming to refine reimbursement strategies and accelerate commercialisation.

Michael Hill International has appointed Jonathan Waecker as its new CEO, bringing a wealth of global retail and digital expertise to steer the company’s transformation starting August 2025.

AdNeo Limited has issued a prospectus to facilitate secondary trading of shares issued without prior disclosure, following its acquisition of Learnt Global and a $5.65 million capital raise. The company also offers multiple options to investors, directors, brokers, and consultants as part of its growth strategy.

Swift Networks launches Swift TV, a Google-certified connected TV platform featuring a plug-and-play device and pre-loaded Netflix app, aiming to transform commercial entertainment spaces.

Latrobe Magnesium secures EPA Victoria approval to begin commissioning and operations at its Hazelwood North Demonstration Plant, moving closer to commercial magnesium oxide production.