Latest Tax News

Spark New Zealand has confirmed the final currency conversion and reinvestment price for its 30 June 2026 distribution. Shareholders will receive NZD 0.08705882 per share, or AUD 0.07022128, with payment and new DRP shares scheduled for 2 October.

Data#3 delivered another record year, lifting gross sales 12.7% to $3.4 billion and profit before tax 14% to $78.8 million. The result came with a higher dividend and stronger recurring sales, but weaker Services performance, lower margins and softer operating cash flow leave FY27 with a clear execution challenge.

Marquee Resources has received a $549,122 R&D tax refund, adding non-dilutive cash ahead of planned drilling at its Yindi Lithium and Gold Project in Western Australia. The filing improves near-term financial flexibility but does not disclose the company’s post-refund cash balance or drilling budget.

Resonance Health has signed a 24-month alliance with London-based Image Analysis Group, making its quantitative MRI endpoints orderable across IAG’s global clinical-trial network. The opportunity is potentially significant, but remains uncontracted: two pilot studies come first, with no minimum revenue or volume commitments.

Western Gold Resources has sharply expanded the proposed Gold Duke mine, lifting its production target by 62% and forecasting A$72.9 million in operating surplus. The preliminary study is stronger on paper, but still depends on funding and the restart of toll treatment at Wiluna.

Eneco Refresh has delivered its strongest profit in five years despite raw material inflation and logistics disruption, with operating cash flow and cash reserves also improving. The company now has scope to invest in automation and consider selective acquisitions, but offers no FY2027 earnings guidance or dividend.

Red Metal’s Sybella project has moved closer to a development decision after heap-leach testing delivered strong rare earth extractions with low impurity levels. The company also reported a $19.17 million FY2026 profit, although most of that result came from the accounting gain tied to its Maronan Metals restructuring.

Pan African Resources delivered record FY26 production, earnings and cash generation, moving from net debt to a US$185.7 million net cash position. The gold producer is proposing a record dividend and launching a ZAR500 million buy-back, while warning that FY27 costs will rise as it funds further growth.

Cadence Opportunities Fund Limited (ASX:CDO) delivered a record $5.66 million after-tax profit and a 30.3% fund return in FY2026. The listed investment company is entering the new year with elevated cash, reduced gold exposure and a discounted share purchase plan underway.

Cambium Bio has secured firm commitments for a conditional A$7.1 million placement, taking its proposed funding package to A$10.85 million for the pivotal Elate Ocular Phase 3 program. Completion depends on three inter-conditional shareholder resolutions at the company’s expected November AGM.

Seeka has raised its full-year profit before tax guidance after strong third-quarter trading, with citrus growth and New Zealand kiwifruit returns adding to margin gains. The company now expects profit before tax of $41.0 million to $45.0 million.

Investigator Silver has used FY26 to move the Paris Silver Project from feasibility study toward development, backed by A$58.8 million in cash and a maiden ore reserve. The company still faces the harder tests of permitting, financing and construction before its projected silver production can become reality.