Latest Accounting News

Duxton Farms reported a significant $12.5 million net loss for FY2025, reversing last year’s profit, while declaring an 85% franked dividend of 24 cents per share. The company’s revenue dipped due to property sales and increased expenses tied to a proposed acquisition.

Finexia Financial Group announces a strategic leadership reshuffle with the return of Neil Sheather as CEO and Managing Director, the appointment of Robert Spano as Executive Chairman, and a new CEO for its childcare subsidiary, Shared Beginnings.

360 Capital Mortgage REIT delivered a robust FY25 with a 74.6% jump in profit and a successful $13.6 million capital raise, while maintaining a stable net tangible asset value per unit.

Light & Wonder reported solid Q2 earnings growth and margin expansion despite slight revenue dip, completed Grover acquisition ahead of schedule, and announced plans to delist from Nasdaq for a sole ASX listing by November 2025.

Dexus Industria REIT has agreed to sell its remaining Brisbane Technology Park assets for $155.5 million, marking a strategic pivot to concentrate solely on industrial properties.

Southern Cross Gold Consolidated has announced a major metallurgical advancement at its Sunday Creek project, delivering a high-grade, low-arsenic antimony-gold concentrate alongside excellent gold recovery. This development enhances the project's economic potential amid shifting global supply dynamics for critical metals.

RooLife Group has secured a two-year supply agreement with Eternal Asia, granting access to over one million retail outlets across China and potential annual orders worth up to AUD 110 million.

Articore Group has appointed CEO Vivek Kumar as Managing Director, underscoring the board’s confidence following a record-breaking quarter and strategic turnaround efforts.

Syrah Resources has initiated a fully underwritten A$70 million equity raising alongside a two-year forbearance agreement with the US Department of Energy, supporting its Vidalia and Balama operations. The retail entitlement offer opened on 6 August and closes on 20 August 2025.

AuKing Mining is accelerating feasibility work on reprocessing gold tailings at the historic Tick Hill mine, aiming to unlock early cash flows and support broader project development.

BlackRock Investment Management (Australia) Limited has announced the Distribution Reinvestment Plan (DRP) prices for three major Australian iShares ETFs for the July 2025 distribution period, alongside important investor compliance reminders.

BlackRock Investment Management (Australia) Limited has announced confirmed cash distributions for three Australian iShares ETFs, with payments scheduled for mid-August 2025. The announcement also highlights investor obligations around tax certification and promotes sustainable communication practices.