Latest Payments News

TPG Telecom has received Foreign Investment Review Board approval to sell its fibre and fixed Enterprise, Government and Wholesale assets to Vocus for $5.25 billion, marking a pivotal step in its strategic reshaping.

Australian Pacific Coal Limited has announced receivership over its Dartbrook Mine assets following the operator's voluntary administration, signaling a significant setback for the company’s joint venture interests.

JPMorgan Asset Management has released estimated tax attribution components for its Climate Change Solutions Active ETF for the fiscal year ending June 2025, confirming its status as a Managed Investment Trust.

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.

MedAdvisor Limited has finalized the sale of its Australian and New Zealand operations to Jonas Software for an estimated $42.35 million, marking a strategic pivot towards its US business. The company also announced upcoming CFO changes as it refocuses its growth trajectory.

The Star Entertainment Group has extended the termination date of its binding heads of agreement with joint venture partners to 31 July 2025, with significant repayment obligations looming if negotiations falter.

BPM Minerals has secured an exclusive option to acquire the Forelands Gold Project in Western Australia, featuring high-grade, near-surface gold mineralisation and plans to commence drilling in Q3 2025.

Beam Communications has received the second draft valuation report for its Zoleo Inc. joint venture, setting the stage for significant payments from partner Roadpost Inc. later this year.

Polymetals Resources has halved its US$20 million debt facility and raised A$15 million in equity to support the Endeavor Mine's transition to steady production.

Cobram Estate Olives has reported a record 2025 Australian olive harvest with a 10.2% increase in production and forecasts a strong FY2025 EBITDA of $115 million. The company also announces strategic moves including a CEO relocation to the US and acquisition of farming machinery business Leda Ag.

Senetas reports FY2025 sales slightly below last year amid partner integration delays, while progressing with the Votiro business sale and maintaining strong cash reserves.

Creditors of Mosaic Brands Limited and its associated companies have resolved to place the group into liquidation, marking a significant development in the retailer’s ongoing financial distress.