Australia Breaking News

Gryphon Capital Income Trust (ASX:GCI) has completed an $86.3 million wholesale placement.

Mental health care provider Emyria (ASX:EMD) completed key operational milestones to open its first Sydney clinic in September.

Piche Resources (ASX:PR2) launched a strategic review of its project portfolio and prospective opportunities across several jurisdictions.

West Coast Silver (ASX:WCE) completed an $6 million share placement to institutional and sophisticated investors.

Activeport Group (ASX:ATV) reported revenue growth across its three divisions in Q1 FY27 alongside a $2 million annualised cost reduction.

The ATO released a final ruling that subjects offshore transfers of software and streaming revenue earned in Australia by US tech companies.

The Treasury released advice warning that federal tax reforms would cause a modest, immediate slowing in Australian house price growth.

OncoSil Medical (ASX:OSL) has secured $5.6 million in total commitments through a share placement.

Australian energy producer Santos (ASX:STO) has agreed to pay US$189 million to increase its stake in the Papua LNG Project to 21%.

Sapporo Breweries is shifting some production to the US from Canada due to 50% tariffs imposed on beer exports from the country, Chief Strategy Officer Rieko Shofu said. She spoke exclusively with Bloomberg's Shery Ahn on being impacted by tariffs, as well as the Iran war.

Companies investing in trustworthy AI practices are far more likely to see strong returns from the technology, according to new research from SAS. But trust remains a hurdle: 97% of users override AI recommendations at least some of the time, while employees are less likely to trust increasingly autonomous AI agents. Jay Upchurch, SAS Executive Vice President and Chief Information Officer, joins Bloomberg's Anna Edwards on Bloomberg Television.

Hollywood is having its best year since 2019 as moviegoers return to theaters in force. Global ticket sales are up 15% from last year, with five films topping the billion-dollar mark. Daniel Loria, Senior Vice President at The Boxoffice Company, discusses what's driving the box office comeback and whether the momentum can last.