Australia Breaking News

Logistics software provider WiseTech Global (ASX:WTC) reported total revenue of US$1.3959 billion for the full year.

Woolworths Group (ASX:WOW) posted total group sales of $71.54 billion for the FY26 financial year.

Nine Entertainment (ASX:NEC) reported continuing business revenue of $2.19 billion for the 12 months ended June 30.

Retail Food Group (ASX:RFG) reported full-year 2026 underlying EBITDA of $20.3 million, meeting its guidance target.

PolyNovo (ASX:PNV) generated total revenue of $150 million for the year ended June 30, marking a 16.1% increase.

Sandfire Resources (ASX:SFR) reported a 282% surge in net profit after tax to US$355.8 million for the 12 months ended June 30.

Flight Centre (ASX:FLT) delivered a record total transaction value of $25.7 billion for the 2026 fiscal year.

Perseus Mining (ASX:PRU) reported a 14% increase in annual net profit after tax to $480.5 million.

Steadfast Group (ASX:SDF) reported a full-year statutory net profit after tax of $269.1 million for FY26.

The combined BHP Ports Unions have submitted a counterproposal for a new wage agreement covering 450 Port Hedland workers.

Commonwealth Fusion Systems has raised around $4 billion in order to work toward commercializing fusion energy, that's about 30% of the total capital raised by the fusion industry to-date, according to CFS. In explaining on Bloomberg Businessweek what fusion is, the company's CEO Bob Mumgaard says the goal "is to build a machine that can make this reaction go at very vigorous amounts of energy at an industrial scale."

Philip Moyer, CEO of McGraw Hill, spoke about the evolving role of AI in education during the back-to-school period. He emphasized that McGraw Hill, a longstanding education company, now serves both traditional and digital learning needs globally, with around 100 million curriculum licenses and 7.5 million AI tools in use. He speaks with Romaine Bostick on "The Close."