Latest Westpac News

Schoolblazer Group has consolidated its fragmented debt into a $110 million multi-currency facility with Westpac, providing significant headroom for growth and lowering its cost of debt.

Alfabs Australia is sharpening its financial focus with a plan to double or triple free cash flow by FY2028, underpinned by a disciplined capital framework and a clear dividend reinstatement path.

Westpac Banking Corporation has updated details for its six-month interim dividend, confirming a fully franked 77 cents per share payable in June, alongside a Dividend Reinvestment Plan participation rate of 13.9%.

WAM Income Maximiser has raised its fully franked monthly dividends for Q3 2026, riding on an investment portfolio that has outperformed benchmarks by 8% annually since inception with notably lower volatility.

Raiz Invest announces a leadership change with Brendan Malone stepping down as CEO and Craig Keary taking over, signalling a new chapter for the fintech amid steady growth.

Greatland Resources has locked in a $500 million debt facility with major banks, boosting liquidity to over $1.7 billion as it commits to developing its Havieron gold-copper project.

Talisman Mining has appointed Todd Ross as CEO, initiating a leadership transition as the company advances drilling programs in NSW. Ross's extensive mining and finance background aims to unlock value across Talisman's exploration portfolio.

MAAS Group Holdings reconfirms FY26 EBITDA guidance, reports 35% completion on a $200 million AI factory electrical contract, progresses $1.7 billion construction materials sale, and expands debt facilities to support growth.

Barramundi Limited outperformed the S&P/ASX200 in April with a 4.4% gross return, boosted by NEXT DC’s landmark data centre deal and capital raise, while healthcare stocks faced headwinds from Cochlear’s profit downgrade.

Comms Group Limited delivered a robust first half of FY26 with revenue climbing 39% to $37.6 million and underlying EBITDA nearly doubling to $4.5 million, driven by organic growth and the TasmaNet acquisition integration.

ARN Media reported a 10% revenue decline in FY25 but accelerated digital growth and cost savings, while defending ongoing legal disputes with former talent.

NEXTDC has locked in A$1.8 billion in new senior debt commitments, lifting its total senior debt capacity to A$8.2 billion and pro forma liquidity to about A$8.4 billion. The fresh capital will underpin ongoing data centre development and recent contract wins, with financial close targeted for July 2026.