Australia Breaking News

Centuria Industrial REIT (ASX:CIP) reported a 4% increase in annual funds from operations to $114.1 million.

Coronado Global Resources (ASX:CRN) reported a US$418 million first-half net loss, even as second quarter revenue rose to US$981.3 million.

Andrew Boak, Chief Economist for Australia and New Zealand at Goldman Sachs, discusses the outlook for Australia's economy ahead of the central bank's policy decision. He speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade.

Defence conglomerate Hanwha submitted a $1.7 billion conditional offer to acquire the United States division of Austal (ASX:ASB).

Automotive parts manufacturer Amotiv (ASX:AOV) reported a statutory net profit of $75.1 million for the 2026 financial year.

Helia Group (ASX:HLI) reported a 25% drop in first-half statutory net profit after tax to $100 million from $133.7 million.

Life360 (ASX:360) increased second-quarter total revenue by 38% to US$159 million, driven by subscription and advertising growth.

Southern Cross Media Group (ASX:SXL) recorded a 57.6% profit fall to $9.9 million for FY26 following weaker advertising revenue.

SGH (ASX:SGH) reported a 1% underlying EBIT increase to $1.55 billion for FY26. Net profit for the period slipped to $920 million.

The South Australian government has announced an $3 million royal commission into artificial intelligence starting on Oct. 1.

The Australian government is advancing a $250 million news levy impacting publishers like Nine Entertainment (ASX:NEC).

The push by young women to gain acceptance into sororities at large schools in the Deep South has led to an increase in demand for rush coaches. Bloomberg News Reporter Gabriel Baumgaertner discusses his recent story about the high price tag some parents are willing to invest to help their kids get into the sorority of their dreams.