Latest Tax News

AMA Group has maintained its $75 million to $80 million FY27 normalised EBITDA guidance despite subdued low-severity repair volumes in the first quarter. The update also included positive operating cash flow, a resumed dividend and record FY26 revenue.

Golden Horse Minerals plans to separate its Northern Territory copper assets from its Western Australian gold business through a court-approved Canadian arrangement. Shareholders would retain their Golden Horse shares and receive Sorrel Metals shares, but the transaction still requires approval and leaves funding, tax and listing questions unresolved.

LE Minerals finished FY2026 with a $48.17 million statutory profit, but the result was dominated by a one-off $58.14 million gain from selling its Solaroz lithium project interest. The company now has a substantial cash buffer to fund Queensland and Utah exploration while it seeks approval for a conditional $20 million graphite sale and spin-out.

ResMed has delivered a stronger first quarter for fiscal 2027, with revenue up 6% to US$1.415 billion and net income rising 20% to US$418 million. The headline result was helped by a preliminary gain on the MatrixCare sale, while the core Sleep and Breathing Health business continued to expand.

Nodestream has completed its $6.5 million placement, launched Missions and expanded its defence push across the US and Europe. But revenue remains under pressure, quarterly cash burn is substantial and auditors have warned of material uncertainty over the company’s ability to continue as a going concern.

Far East Gold’s cash position has tightened sharply, with only A$593,000 remaining after a September quarter of takeover costs and exploration spending. The company says it needs new funding while a board-control fight threatens to add further uncertainty.

Activeport’s Q1 FY27 revenue rose 18% to A$1.72 million as software sales more than doubled, while a completed restructure promises A$2 million in annualised savings. The sharper growth story arrives with a pressing funding question: quarter-end cash covered only 0.7 quarters of reported operating outflows.

Somerset Minerals has completed its first drill campaign at Talisker in Nunavut, uncovering high-grade copper-silver mineralisation and extending the interpreted system across about 1.6km. The exploration result is encouraging, but the company ended September with A$1.057 million in cash and reported funding coverage of just 0.35 quarters at its recent spending rate.

Marmota’s 2026 annual report charts a rapid expansion from a single gold focus to a multi-asset exploration portfolio, led by more than 2km of high-grade Greenewood and Mainwood mineralisation. The company finished the year with A$14.36 million in cash after a A$15 million placement, but remains firmly in the exploration stage.

Critical Minerals Group has begun the first drilling campaign for its Lindfield vanadium project DFS, after securing the full PFS mine-plan area. But with A$246,000 in cash at 30 September and just 0.3 quarters of funding on the reported burn rate, the study’s next phase remains dependent on fresh capital.

Delorean’s flagship Salisbury bioenergy plant is 90% complete and now licensed to operate, while a proposed A$20 million Westpac facility could unlock its next major project. The catch is a quarterly operating cash outflow of A$2.52 million, leaving 2.52 quarters of funding on the company’s own calculation.

Rumble Resources has strengthened the development case for Western Queen with an underground-optimised resource, a projected A$133 million in free cash flow and a potential tungsten revenue stream. High-grade gold-copper drilling at Munarra Gully adds exploration momentum, but financing, approvals and feasibility work remain ahead.