Latest Queensland News

The Lottery Corporation has reported resilient FY25 results with a dividend increase and strong digital channel growth, despite below-average jackpot outcomes and economic headwinds.

Transurban Group’s FY25 results reveal a complex financial picture with statutory profit halving but operational EBITDA and toll revenues rising, supported by key infrastructure projects nearing delivery.

Lynch Group Holdings delivered solid FY25 results with revenue growth led by Australian supermarket floral demand and strong Chinese tulip exports, while FY26 outlook signals mixed conditions.

Lynch Group Holdings delivered solid FY25 results with revenue and EBITDA growth, driven by strong Australian operations and expanding Chinese exports. The company also announced a full acquisition agreement, setting the stage for a transformative year ahead.

AIC Mines has announced promising drilling results at its Jericho copper deposit in Queensland, confirming continuity in key mineralised shoots and revealing a new mineralised lens, J0, that extends over one kilometre and remains open for further exploration.

Smart Parking Limited reported a transformational FY25, driven by a landmark US acquisition and strong international growth, boosting revenue by 41% and profit by 47%.

Zenith Minerals has initiated a 3,000-metre deep diamond drilling program at its Red Mountain Project in Queensland, targeting a Mt Wright-style gold system and a concealed porphyry copper deposit. Supported by government funding, this exploration phase builds on eight years of work and aims to unlock significant resource potential.

Transurban Group reported a 5.6% rise in proportional toll revenue and a 7.4% increase in operating EBITDA for FY25, despite a significant profit decline due to litigation and restructuring costs. The company’s distribution grew 4.8%, supported by strong free cash flow, as key infrastructure projects near completion.

Cleanaway Waste Management posted a 14.6% rise in underlying EBIT to $411.8 million for FY25, driven by solid waste services growth and strategic acquisitions. However, the Board exercised discretion to reduce executive short-term incentives by 30% due to safety performance issues including three fatalities.

APA Group reported a robust FY25 with underlying EBITDA rising 6.4% to $2.015 billion and distribution per security increasing by 1 cent to 57.0 cps, underpinned by resilient operations and strategic growth initiatives.

APA Group delivered robust FY25 financial results with earnings near the top of guidance and announced confident FY26 growth plans, underpinned by cost reductions and a $2.1 billion project pipeline.

Carnaby Resources has completed its acquisition of the Trekelano mining leases, advancing exploration and integration efforts within its Greater Duchess Copper Gold Project.