Australia Breaking News

Automotive parts supplier Bapcor (ASX:BAP) reported a statutory loss of $431.6 million for the financial year ended June 30.

Centuria Capital Group (ASX:CNI) has launched a new $454 million office fund to acquire a premium commercial property in the Sydney CBD.

McPherson's (ASX:MCP) reported full-year revenue fell 14.9% to $118.3 million as statutory net loss expanded to $20.3 million.

Australian private new capital expenditure fell 3.6% in the June quarter of 2026.

Karoon Energy (ASX:KAR) achieved sales revenue of US$244.9 million and an underlying net profit after tax of US$29.2 million for the half year ended June 30.

Magellan Financial Group (ASX:MFG) announced a full-year operating profit after tax of $145 million for the period ended June 30.

Australian household spending grew by 1.1% in July, driven by higher consumer demand in discretionary and essential categories.

Sigma Healthcare (ASX:SIG) reported full-year revenue of $10.8 billion and normalised EBIT of $1.09 billion for the period ended June 30.

Swoop Holdings (ASX:SWP) reported annual revenue of $115.9 million for FY26, representing a 21.8% increase.

Capricorn Metals (ASX:CMM) achieved a 50% increase in underlying net profit after tax to $327.2 million for the 2026 financial year.

Nvidia Corp. gave a bullish sales outlook for fiscal 2028, with Chief Financial Officer Colette Kress saying the company expects to grow revenue by approximately 70% in fiscal 2028. Bloomberg's Ed Ludlow and Kunjan Sobhani break down the news.

Qantas Airways (ASX:QAN) opened a new training centre in Mascot as part of a broader $100 million investment.