Latest Australian Economy News

GDI Property Group reports robust leasing activity with over 32,000sqm leased in FY25, fueling a 20% increase in Funds From Operations. Strategic asset sales and refinancing position the company well for continued growth in a tightening Perth office market.

WAM Income Maximiser Limited has reported a profitable first half since its April 2025 IPO, declaring its inaugural fully franked monthly dividend and setting guidance for dividend growth. The company’s diversified portfolio of ASX300 equities and investment grade corporate debt has delivered promising returns, underpinning its income and capital growth objectives.

Diversified United Investment Limited reported a 5.4% rise in statutory profit to $38 million for FY2025, alongside a zero-debt position and a maintained fully franked dividend of 9 cents per share.

Euroz Hartleys Group Limited reported a robust 87.7% increase in net profit for FY25, driven by growth across brokerage, underwriting, and wealth management. The company declared a fully franked full-year dividend of 5.5 cents per share, reflecting confidence in its operational leverage and balance sheet strength.

Whitefield Income Limited has reported a $7.8 million net profit in its first seven months as an ASX-listed company, alongside steady monthly dividends annualised at 8%. The company’s portfolio outperformed its benchmark, signaling a promising start post-IPO.

Southern Cross Electrical Engineering Limited (SCEE) delivered record FY25 financials, driven by a 45% revenue jump and the recent Force Fire acquisition, setting the stage for robust FY26 growth.

Tian An Australia Limited has reversed last year’s loss to report a $12.08 million profit for H1 2025, while progressing key residential developments across Australia.

Commonwealth Bank of Australia reported a robust FY25 with a $10.1 billion net profit, increased dividends, and accelerated technology investments despite global uncertainties.

Liontown Resources has raised approximately A$316 million through a combination of institutional and conditional placements, alongside a share purchase plan, to strengthen its balance sheet and support growth at its Kathleen Valley lithium operation.

WAM Income Maximiser (ASX – WMX) has declared its first monthly fully franked dividend, marking a significant milestone shortly after its April 2025 IPO. The company aims to steadily grow dividends while targeting a yield above the RBA cash rate.

Woodside Energy and its partners have welcomed the Australian government's proposed environmental approval extension for the North West Shelf Project, securing its future and supporting thousands of jobs.

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.