Latest Tax News

Anagenics has sold its haircare technology and évolis intellectual property to York St Brands for A$2.5 million upfront, while retaining exposure to future product sales through an eight-year earn-out. The deal follows the company’s first full-year profit and gives it more cash to simplify its portfolio.

Count Group (ASX:CUP) will acquire 75% of Skybridge Financial in its largest equity partnership investment to date, combining a regional accounting platform with $1.4 billion of funds under advice. The deal is being funded partly through a fully underwritten A$25 million placement and is expected to be mid to high single-digit EPS accretive in FY2027 before synergies.

Neurizon says it has removed its remaining Obsidian convertible notes while targeting $6.3 million in new equity ahead of the pivotal NUZ-001 ALS readout. The funding plan reduces immediate conversion uncertainty, but the proposed Share Purchase Plan and possible future facility drawdown leave execution questions open.

Southern Cross Media says FY26 earnings fell short of expectations and first-quarter FY27 revenue is lower year on year, despite growing audiences across television, audio and publishing. Management is pressing ahead with a $150 million cost reduction program and expects the group’s new operating shape to be visible by FY28.

Eagers Automotive expects record 2026 revenue and underlying profit before tax, with continuing-operations revenue forecast at $17.3 billion to $17.5 billion. The upbeat outlook comes with a warning that higher rates, inflation and fuel costs are squeezing industry margins.

American West Metals has converted part of its Storm resource into a maiden 12.58Mt Ore Reserve and outlined an 11-year copper mine in Nunavut. The project shows a US$118.9 million post-tax NPV at the company’s base-case prices, but still depends on funding, permitting and a further study before construction can begin.

Regions Financial expects fourth-quarter net interest income to rise 1% to 2% sequentially, while third-quarter adjusted earnings reached US$622 million. The bank also reported improving non-performing loans and net charge-offs, but flagged interest-rate and commercial credit risks that remain central to its outlook.

CF Industries delivered stronger third-quarter earnings and cash generation as nitrogen prices and volumes improved, while construction began on its US$3.7 billion Blue Point One project. The result was helped by favourable market conditions, lower realised gas costs and a US$62 million business interruption insurance recovery.

STERIS delivered 9% second-quarter revenue growth and lifted its fiscal 2027 adjusted EPS outlook, helped partly by tariff refunds. Life Sciences led the operating gains, while weaker cash flow and a new restructuring plan add important qualifications.

APA has lifted its 2026 free cash flow outlook by US$600 million to approximately US$2.9 billion, while setting a lower US$2 billion net debt target. Strong Permian production and debt reduction give the oil and gas producer more room for buybacks, dividends and its next investment cycle.

MetLife delivered its highest quarterly adjusted earnings per share, supported by stronger investment income, broad-based volume growth and favourable underwriting. The result also came with a sharp fall in reported book value per share and a sizeable boost from derivative gains.

Eversource Energy narrowed its 2026 recurring earnings guidance after third-quarter GAAP profit fell, while a $26.5 billion investment plan and unresolved regulatory exposures shape the utility’s next phase. The guidance midpoint rose to US$4.66 per share despite lower year-to-date reported earnings.