Latest Payments News

Restaurant Brands posted a record $1.4 billion in sales for FY24, alongside a 62.6% surge in net profit, despite ongoing inflation and economic uncertainty. The company remains cautious on FY25 guidance but is focused on margin improvement and strategic growth.

Bendigo and Adelaide Bank reported a 7.8% decline in cash earnings for 3Q25, reflecting lower other income and a slight dip in net interest income, while completing its Rural Bank system migration.

Bendigo and Adelaide Bank reported a slight dip in its Common Equity Tier 1 ratio to 10.83% for the March 2025 quarter, reflecting dividend payments and increased residential lending. Despite this, the bank sustained robust liquidity and funding metrics well above regulatory minimums.

Gorilla Gold has completed the acquisition of the remaining 49% stake in the Comet Vale Project, boosting its ownership to 100% and positioning itself to expand the high-grade gold resource.

EBR Systems has announced a fully underwritten A$55.9 million capital raise alongside a Security Purchase Plan to fund the commercial rollout of its FDA-approved WiSE CRT System, targeting a US$3.6 billion market opportunity in cardiac resynchronization therapy.

EBR Systems has raised A$55.9 million through a fully underwritten placement to fund the commercial rollout of its FDA-approved wireless cardiac pacing system, with plans for a limited market release in H2 2025 and expanded distribution in 2026.

MA Financial Group is set to acquire Melbourne-based IP Generation, adding $2 billion in assets and boosting its real estate management platform to over $12 billion AUM. The deal is expected to enhance earnings in FY25 and deepen MA’s presence in the retail real estate sector.

MA Financial Group is set to acquire IP Generation, a specialist real estate investment manager focused on Australian shopping centres, expanding its assets under management to over $12 billion and enhancing its market position.

Patriot Resources has agreed to acquire a 100% interest in the Sugarloaf Copper Deposit, a high-grade asset in Zambia’s Mumbwa District, positioning the company for near-term copper production aligned with regional processing infrastructure.

Kali Metals has expanded its Marble Bar Gold Project by acquiring a strategic tenement adjacent to a significant gold-in-soil anomaly, increasing its project area to approximately 96 square kilometres. The acquisition enhances exploration continuity and efficiency amid rising gold prices.

Moho Resources has completed the sale of its Empress Springs Project, securing an initial payment of $408,500 with a deferred $300,000 to follow next year, reinforcing its asset optimisation strategy.

Aurora Energy Metals has received a further US$550,000 from Eagle Energy Metals, extending the option to acquire the Aurora Uranium Project and underpinning key development milestones.