Latest Superannuation News

AJ Lucas Group Limited reported a robust start to FY26, driven by a significant UK dispute settlement and improved Australian operations. The company’s liquidity and operational upgrades position it well despite ongoing challenges.

EQT Holdings Limited reported a robust 60% increase in net profit after tax for FY25, completing a strategic transformation while navigating significant regulatory challenges. The company outlined a growth-focused strategy for FY26, emphasizing digital innovation and margin improvement.

Wrkr Ltd has reported a strong start to FY26 with its third consecutive quarter of positive operating cash flow and a successful $15 million capital raise, positioning the fintech for accelerated growth ahead of major client launches.

Challenger Limited reported a robust 9% rise in normalised net profit after tax to $456 million for FY25, alongside an 11% dividend increase, while welcoming APRA's capital reforms that promise to boost its financial resilience and growth in retirement income products.

MLG Oz Limited has appointed COO Mark Hatfield as Acting CEO following the temporary leave of CEO Murray Leahy, ensuring leadership continuity in its mining services operations.

Nuix Limited has appointed John Ruthven as interim CEO following Jonathan Rubinsztein's departure, initiating a 12-month leadership transition period.

Netwealth has lodged a formal application for government financial assistance following a $101 million exposure linked to alleged fraud in the First Guardian Master Fund, impacting over a thousand members.

Adavale Resources has appointed industry veteran David Ward as Managing Director to spearhead exploration and drilling at its flagship Parkes Gold-Copper Project, aiming to unlock significant value in one of Australia’s richest mineral provinces.

Caprice Resources has appointed CEO Luke Cox as Managing Director, underscoring confidence in his leadership to drive exploration and development in the Murchison Goldfields and West Arunta regions.

GPT Group has acquired a 50% interest in Sydney’s iconic Grosvenor Place office tower, forming a strategic partnership with Commonwealth Superannuation Corporation (CSC) and expanding its premium office portfolio.

Insignia Financial reported a 3.1% rise in Funds Under Management and Administration to $340.5 billion, driven by strong net inflows into its Wrap platform and strategic enhancements to its MLC offerings. The company also completed a key custody transition and unveiled a refreshed MLC brand campaign.

Firebrick Pharma reports a $1.94 million cash reserve after a $1.4 million placement, supporting expanded Nasodine sales across Southeast Asia and the US. Board changes and increased operational costs mark a pivotal quarter for the pharmaceutical innovator.