Australia Breaking News

Origin Energy (ASX:ORG) reported a $1.57 billion statutory profit and $2.07 billion in adjusted free cash flow for the 2026 financial year.

Cleanaway Waste Management (ASX:CWY) said that it received a non-binding indicative proposal from EQT Infrastructure.

Transurban Group (ASX:TCL) posted a statutory net profit after tax of $432 million for the full year 2026.

Treasury Wine Estates (ASX:TWE) reported an $1.08 billion FY26 net loss driven by United States asset impairments.

HomeCo Daily Needs REIT (ASX:HDN) reported a $311 million gross portfolio valuation increase for the 2026 financial year.

Telstra (ASX:TLS) reported a 2.7% full-year profit increase to $2.41 billion alongside a $1 billion share buyback.

Insurance Australia Group (ASX:IAG) reported a lower FY26 net profit of $1.02 billion due to elevated natural peril costs.

ANZ (ASX:ANZ) recorded a statutory profit of $1.95 billion for the third quarter ended June 30.

KPMG paid more than $500,000 to a former senior manager who alleged wrongdoing in the firm's tax division.

Global oil demand is projected to decline by 1.6 million barrels per day in 2026 due to ongoing disruptions in the Strait of Hormuz.

Bob Diamond, CEO of Atlas Merchant Capital & Elliott Lorenz, Co-Founder & CEO of Edge Focus discuss the new minority investment. They also discussed the role of private credit in consumer debt.

After leaving Wedbush, Dan Ives has launched a new merchant bank that he says will deliver the same research he's known for, but with people who want to innovate and grow in this "Fourth Industrial Revolution." The wide-ranging conversation touches on AI skepticism, China's role in the AI industry, and why he sees the AI industry going to heights that we may not yet be able to see.