Latest Regulatory Development News

SkyCity Entertainment Group reports a 5% revenue decline in FY25 amid economic headwinds and elevated investments, announcing a $240 million equity raise to bolster its balance sheet ahead of the NZICC opening and online gaming launch.

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.

Challenger Limited reported a solid 9% rise in normalised NPAT to $456 million for FY25, alongside an 11% dividend increase to 29.5 cents per share, underscoring its strategic momentum and capital strength. The company’s outlook for FY26 remains positive, with guidance pointing to continued growth and shareholder returns amid evolving retirement income reforms.

Peak Rare Earths Limited has entered a scheme of arrangement with Shenghe Resources (Singapore) Pte. Ltd., valuing the company at approximately A$158 million. The scheme offers Peak shareholders a cash consideration of no less than A$0.359 per share, representing a 199% premium to the last closing price.

betr Entertainment has officially launched its all-scrip takeover offer for PointsBet shareholders, valuing shares above a rival cash bid and promising significant cost synergies.

Aurizon Holdings reported a modest 3% decline in FY2025 underlying EBITDA, weighed down by Bulk segment setbacks, while announcing a robust FY2026 earnings forecast and a $150 million share buy-back.

Commonwealth Bank of Australia’s latest Pillar 3 disclosures reveal steady capital adequacy ratios and strong liquidity metrics as credit risk exposures grow modestly.

ASX has revealed it expects to incur an additional $25 million to $35 million in operating expenses in FY26 due to the ongoing ASIC compliance inquiry. Despite this, the company remains committed to its five-year strategy focused on technology and risk management.

Unibail-Rodamco-Westfield N.V. reports a positive net income for the first half of 2025, driven by robust US shopping center performance and strategic investments. The company also advances its ESG commitments and plans to delist from the ASX by August.

The Lederer Group has announced an off-market takeover offer for all stapled securities in the Elanor Commercial Property Fund at 70 cents each, representing a premium over recent trading prices. The bid comes amid governance concerns and a proposed overhaul of the fund’s management structure.

InVert Graphite reports robust trench assay results from its Kumba deposit in Tanzania, revealing consistent high-grade graphite mineralisation over a 2km strike. The company is advancing drilling preparations amid a significant US move to impose anti-dumping duties on Chinese graphite imports.

Australian Pacific Coal Limited has entered receivership over its Dartbrook Joint Venture assets following a senior secured debt default, casting doubt on the value of its 80% stake. Despite holding cash reserves, the company assumes no value in the joint venture amid ongoing financial distress.