Australia Breaking News

Monadelphous Group (ASX:MND) secured a $200 million construction contract with BHP (ASX:BHP) in Western Australia.

Biotechnology firm AdAlta (ASX:1AD) reported that a trial patient achieved two years of recurrence-free cancer survival.

Isao Teshirogi, President and CEO of Shionogi & Co said the company is eyeing more manufacturing sites in the US for next decade. 'We're actively pursuing minimum three deals today', he shared in an exclusive conversation with Bloomberg's Lisa Du.

EQ Resources (ASX:EQR) generated revenue of $51 million in July after output rose 36%.

Argo Investments (ASX:ARG) increased its full-year profit to $260.2 million amid volatile macroeconomic conditions.

Endeavour Group (ASX:EDV) reported total sales of $12.21 billion for the 2026 financial year, up 1.3% year-on-year.

Light & Wonder (ASX:LNW) reported second-quarter net income of US$120 million, marking a 26% increase year over year.

The Albanese government released draft property tax fixes extending qualifying new build timelines from 12 to 24 months.

Zen Energy entered administration after failing to manage significant downside risk across its long-term electricity contracts.

Pinnacle Investment Management (ASX:PNI) delivered a 31.5% increase in full-year net profit after tax to $176.7 million.

Sinead O'Sullivan, Economist and Former Senior Researcher at Harvard Business School's Institute for Strategy and Competitiveness, discussed the current state and future prospects of SpaceX's Starship program. She emphasized that while investors remain optimistic, the technology is not yet fully developed due to the immense complexity of Starship compared to the Falcon rocket. She speaks with Romaine Bostick on "The Close."

Nate Baxter, CEO and President of Scott'sMiracle-Gro, appeared on the program following the company's recent investor day. He shared that although he has recently assumed the CEO role, his discussions with investors over the past eighteen months have maintained a consistent strategic message. He speaks with Romaine Bostick on "The Close."