Latest Victoria News

Locality Planning Energy has returned to statutory profit and sharply reduced borrowings, but its next test is converting a large contracted pipeline into active service points. The company has given no numerical FY2027 guidance and is operating under an interim leadership structure while it searches for a permanent CEO.

Aureka has extended the known Irvine gold system 725 metres north with two significant gold zones from its first scout hole into a previously untested conceptual target. The results support further drilling, but remain exploration intercepts rather than a new mineral resource.

COSOL’s revenue fell 15.6% in FY26 and the ASX-listed asset management technology company swung to a $4.0 million statutory loss after goodwill impairments. Management is betting that leaner operations, new transport contracts and AI-led services can restore profitable growth, but the recovery still needs to show up in revenue.

PARKD has secured an exclusive three-year partnership with ASX-listed Symal across Victoria and South Australia, alongside an A$800,000 placement priced at a premium. The deal expands PARKD’s east coast delivery network, although future projects and revenue remain uncommitted.

Stavely Minerals is testing smaller and potentially easier-to-fund development routes for Thursday’s Gossan after a large open-pit study delivered strong economics but demanded substantial upfront capital. The alternatives could reduce capital intensity, although the company expects they may produce lower NPVs.

WiseTech Global’s FY26 annual report charts a year of extraordinary expansion, with revenue up 79% after the e2open acquisition and underlying EBITDA up 56%. But the stronger earnings base comes with heavier debt, a major workforce reset and unresolved regulatory risks.

Southern Cross Electrical Engineering will acquire Victorian fire and HVAC services group Entire Operations for up to $112.1 million, funded from existing cash reserves. The deal adds mechanical services, expands SCEE’s national fire platform and lifts FY27 EBITDA guidance to at least $110 million.

Ryman Healthcare’s retirement village resales reached an eight-quarter high in the second quarter, while aged care occupancy climbed to 94%. The operating update also shows new-sales inventory continuing to decline as the company positions for stronger recurring earnings.

Emyria’s FY26 annual report shows a rapidly expanding psychedelic-assisted care network, with revenue up 210% and treatment capacity reaching 18 beds across four states. The gains came alongside a larger loss, $4.6 million in operating cash outflow and an auditor-highlighted material uncertainty over the company’s ability to continue without further funding.

Antilles Gold’s significantly oversubscribed rights issue has expanded into a $3.45 million capital raising, giving the company additional funding while it seeks to lift US sanctions affecting its Cuban joint venture. The extra $900,000 is earmarked largely for La Demajagua drilling, but only if the sanction is removed.

Southern Cross Gold has accelerated drilling and underground development at Sunday Creek, spending $32.9 million during the August quarter while cash fell to C$84.0 million. The company remains aimed at a maiden mineral resource in the first quarter of 2027, but poor ground conditions have pushed exploration decline completion back by a month.

Locality Planning Energy has signed three utility infrastructure agreements that will add approximately 750 electricity and water service points across Victoria and Queensland. The expansion requires about $1.28 million of LPE-funded investment, but revenue will build only as homes, connections and retail tenancies come online.