Latest Accounting News

FireFly Metals has successfully raised approximately A$95 million through a multi-part equity offering to fund an aggressive exploration and development program at its Green Bay Copper-Gold Project in Canada.

FirstWave Cloud Technology has secured a strategic partnership with Amazon Web Services and Corent Technology to launch its IT compliance and network management software on the AWS Marketplace within weeks, aiming to expand its global reach and monetise its large user base.

Monash IVF has disclosed a significant embryo transfer error at its Clayton laboratory, prompting an internal investigation and expanded independent review. The company is implementing new safeguards while maintaining its profit outlook.

Hutchison Telecommunications (Australia) Limited (HTAL) has recommended shareholders accept an off-market takeover bid by majority owner HTABV, offering a significant premium over recent trading prices. Independent experts affirm the offer as fair and reasonable, setting the stage for a potential full acquisition.

Advance ZincTek Limited signals a strong financial turnaround for FY25, expecting a $1.75 million profit before tax driven by increased US sales and strategic operational shifts.

NEXTDC has increased its contracted utilisation by 16MW to 244MW, driven by new hyperscale customer contracts at its Kuala Lumpur data centre, KL1, set to launch in early 2026.

Vinyl Group Ltd has obtained an amended Federal Court order correcting a minor share count error in a previous ruling and secured relief from civil liability related to cleansing notice delays, prompting a request to lift its trading suspension.

Platinum Investment Management reported significant net outflows of approximately $1.6 billion in May 2025, driving funds under management down to $8.34 billion from $9.65 billion the previous month.

Saturn Metals has reported a significant increase in gold recovery rates from heap leach testing at its Apollo Hill Gold Project, surpassing previous estimates and global averages. This breakthrough suggests a more cost-effective and scalable path to production.

Nordic Resources has completed its acquisition of three gold projects in Finland’s Middle Ostrobothnia Gold Belt, significantly boosting its resource base with nearly one million ounces of gold equivalent. The company plans to start drilling by July 2025, aiming to unlock further value from these advanced assets.

Miramar Resources has identified several new Iron Oxide Copper-Gold targets at its Whaleshark Project in Western Australia, supported by advanced geophysical modelling and encouraging drilling results.

Treasury Wine Estates faces a pivotal shift as RNDC ends its California distribution, prompting a strategic rethink amid a slightly lowered FY25 EBIT forecast.