Australia Breaking News

The ACCC has launched Federal Court proceedings against Amazon (NASDAQ:AMZN) over alleged unfair contract terms.

Heavy Rare Earths (ASX:HRE) has commenced a formal strategic review of its wholly owned Cowalinya Rare Earth Project.

The yen slid to its weakest level against the dollar since 1986, a milestone that will generate unease in Japan and put traders on high alert for authorities wading into the market. Bloomberg's Ruth Carson explains the context.

Sports Entertainment Group (ASX:SEG) has upgraded its financial year 2026 guidance with expected underlying earnings of $18 million.

Iceni Gold (ASX:ICL) executed an agreement with Gold Fields for up to $10 million in exploration spending.

Sprintex (ASX:SIX) has secured new and upgraded processing equipment orders from Mest Water valued at $42.4 million.

Euroz Hartleys (ASX:EZL) has entered into a binding agreement to sell its capital markets business to BMO Financial Group.

MLG Oz (ASX: MLG) secured a $70 million integrated mining and crushing contract at the Pioneer Dome Lithium Project.

Stakk (ASX:SKK) expects to report its first operating profit for the 2026 financial year alongside a projected FY27 revenue of approximately $21.8 million.

Celsius Resources (ASX:CLA) has executed a binding agreement to sell its 95% interest in the Opuwo Cobalt-Copper Project for US$15 million.

Collins Foods (ASX:CKF) reported an 8.6% revenue increase to a record $1.60 billion for fiscal year 2026.

The Australian government confirmed the introduction of a package of cost-of-living measures starting July 1.