AustraliaBreaking News

IperionX (ASX:IPX) commissions an advanced 300-tonne SACMI press in Virginia, tripling its US titanium powder metallurgy manufacturing capacity.

Zip Co (ASX:ZIP) has secured the ongoing use of its brand name locally after reaching a settlement agreement with Firstmac.

SGH (ASX:SGH) has reaffirmed its financial year 2026 guidance, forecasting low- to mid-single-digit EBIT growth.

IPD Group (ASX:IPG) has issued a positive earnings update for the financial year ending June 30, driven by trading performance and strategic acquisitions.

Arafura Rare Earths (ASX:ARU) has greenlit the development of the Nolans Rare Earths Project in the Northern Territory.

Australian Agricultural Company (ASX:AAC) has delivered a stellar FY26 financial performance, headlined by an operating profit of $71.6 million.

AFT Pharmaceuticals (ASX:AFP) posted a 22% rise in full-year operating revenue, reaching NZ$254.7 million, up from NZ$208 million in FY25.

Turners Automotive Group (ASX:TRA) reported a normalised net profit before tax of NZ$63.2 million to March 31.

Tower (ASX:TWR) delivered an underlying net profit after tax of NZ$36.8 million and a profit of NZ$22.9 million in the half year to March 31.

Close the Loop (ASX:CLG) announced the sale of its Dallas-based subsidiary, ISP Tek Services, to Ivy Technology.

Westpac (ASX:WBC) has warned mortgage brokers that existing investor pre-approvals face mandatory reassessments.

Scion Group CEO Rob Bronstein said that his team is targeting real estate around universities that represent a 'strong return on investment' in terms of tuition, as his company announces a deal with Ares Management to but $910M in student housing properties. Bronstein, joined by Bloomberg's Norah Mulinda, said that his investment is aimed at providing a wide net of locations and price points in the student housing market.