Latest Market News

Cochlear Limited reported a modest 1% rise in sales but a 9% fall in underlying net profit for the half year ended December 2025, as the rollout of its innovative Nucleus Nexa System faced longer-than-expected regulatory and contract hurdles. The company anticipates a robust second half driven by broader product availability and service growth.

Cochlear Limited has announced an ordinary dividend of AUD 2.15 per share for the six months ending December 2025, with payments scheduled for April 2026 and options for currency conversion based on shareholder location.

Cochlear Limited posted a modest 1% increase in sales revenue for the half year ending December 2025, while underlying net profit fell 9%, impacted by cloud computing costs and a slower-than-expected Nexa System rollout. The company maintains its dividend and outlines cautious FY26 guidance.

Meridian Energy’s January 2026 report reveals robust hydro and wind generation amid record rainfall and soaring electricity demand, despite wholesale prices plunging to historic lows.

Westpac Banking Corporation reported a steady net profit of AUD 1.9 billion for the first quarter of 2026, underpinned by stable margins and robust capital ratios. The bank’s credit quality and funding position remain resilient amid a cautious economic outlook.

Westpac Banking Corporation reported a 6% rise in net profit for the first quarter of 2026, underpinned by strong capital ratios and ongoing transformation initiatives. The bank’s strategic focus on customer service and operational efficiency signals a confident outlook amid evolving market conditions.

Verity Resources Limited has announced a pro-rata entitlement issue to raise up to $2.05 million, partially underwritten by entities linked to its directors. The capital raise aims to fund exploration and technical studies across its key projects, including the Monument Gold Project.

Bannerman Energy has secured a landmark $321.5 million strategic investment from CNNC Overseas Limited to jointly develop the Etango Uranium Project in Namibia, enabling debt-free construction and a market-priced offtake agreement with a Tier-1 nuclear utility.

MetalsGrove Mining has responded to an ASX price query following a sharp rise in its share price and trading volume, confirming no undisclosed material information exists and providing an update on its ongoing gold exploration in Côte d’Ivoire.

Alliance Aviation Services has announced a significant $160 million impairment on its ageing Fokker aircraft fleet, signalling a strategic shift towards fleet renewal. The company plans to progressively retire these planes while maintaining operational stability.

The Australian Tax Office has issued rulings confirming capital gains tax roll-over relief for Aurumin Limited shareholders and optionholders involved in recent schemes of arrangement, clarifying key tax implications.

QEM Limited has responded to ASX inquiries about unusual trading activity, confirming no undisclosed material information and deferring assay results to its March quarterly report.