Latest Traffic News

Virgin Australia Holdings Limited is set to list on the ASX, raising $685 million through a mix of new and existing shares, showcasing its transformation journey and strategic partnership with Qatar Airways.

FOS Capital has satisfied all conditions precedent for its acquisition of Aldridge Traffic Systems, moving the deal towards completion with a revised timetable for share placement.

Activeport Group has secured a pivotal contract to deploy its software-defined networking technology for Telekom Malaysia, enabling a shift to automated, self-service fixed-line services across Southeast Asia.

FOS Capital is set to acquire Aldridge Traffic Systems' street lighting assets for $3.1 million, backed by a $3.7 million equity raise to fund the deal and expansion plans.

FOS Capital has secured $3.7 million through a placement to fund its acquisition of Aldridge Traffic Systems, aiming to expand its footprint in the Australian lighting market. The deal includes key assets and intellectual property, positioning FOS for accelerated growth.

Proteomics International has published clinical validation results for PromarkerEso, a novel blood test that detects esophageal adenocarcinoma with remarkable accuracy, promising a non-invasive alternative to costly and uncomfortable endoscopy procedures.

Proteomics International has validated its PromarkerEndo blood test as a highly accurate, non-invasive diagnostic tool for endometriosis, with commercial launch planned in Australia for Q3 2025. The test promises to reduce the average seven-year diagnostic delay by providing a simple risk score applicable across all disease stages.

News Corporation has updated its financial statements to reflect the sale of Foxtel, reporting a 3% revenue increase in fiscal 2024 driven by its Digital Real Estate Services and Book Publishing segments, alongside a 66% rise in net income from continuing operations.

Scentre Group reports rising customer visits and record business partner sales, while advancing major Westfield redevelopments and reaffirming 2025 earnings guidance.

TPG Telecom reported robust 2024 financials, expanded its mobile network coverage to 98.4% of Australians, and announced a strategic $5.25 billion fibre asset sale to Vocus Group, setting the stage for a leaner, more agile business in 2025.

Vicinity Centres reports a robust third quarter for FY25, driven by strong retailer demand and shopper confidence, highlighted by the successful launch of The Market Pavilion at Chadstone.

Vicinity Centres reports a robust third quarter for FY25, buoyed by record visitation at Chadstone’s new Market Pavilion and strong retail sales growth. The company now expects full-year earnings at the top end of guidance, underpinned by resilient portfolio metrics and strategic asset management.