Full story: https://grafa.com/en/news/australia/australian-government-ends-fuel-excise-relief Fuel prices in Australia will increase as the temporary excise discount ends. A 16-cent-per-litre increase will take effect at the wholesale level. The government hopes for a resolution to the Middle East conflict to ease global pressures. The Australian government has ended the temporary fuel excise discount, confirming wholesale fuel prices will increase by 16 cents per litre. This move follows the halving of the original 32-cent discount in July, which was introduced to mitigate the impact of the US-Iran conflict on oil supplies. "Obviously when it was taken off, the excise, it had a good impact on inflation, and that will equalise as it returns to a normal situation," said Australian Governmen
Full story: https://grafa.com/en/news/australia/australian-national-auction-volumes-down-19-2 National auction volumes in Australia dropped by nearly 20% year-on-year to 1,273 listings. The preliminary national clearance rate remained weak at 53.6% across the country. Cotality stated that fewer vendors are choosing auctions as a primary method of property sale. Data provider Cotality reported that national auction volumes in Australia fell 19.2% year-on-year to 1,273 listings. This represents the eleventh consecutive week where auction volumes were lower relative to the previous year. "That is typical of a downturn," said SQM Research founder Louis Christopher. National Australia Bank (ASX:NAB) previously revealed that overall demand for new home loans dropped 15% over three months. Follow
Full story: https://grafa.com/en/news/australia/pentanet-reports-revenue-increase-to-24-4m Pentanet reported an 8% group revenue increase to $24.4 million for the 2026 financial year. Group EBITDA improved by 74% to $2.4 million. The company stated its NVIDIA alliance status provides access to future graphics hardware infrastructure upgrades. Telecommunications provider Pentanet (ASX:5GG) reported unaudited group revenue of $24.4 million for the 2026 financial year. The result represents an 8% revenue increase compared to the prior corresponding period. Net operating cash inflow rose 17% to $1.6 million. The company also recorded unaudited group EBITDA of $2.4 million, rising 74% year-on-year. Pentanet stated its higher margin 5G subscribers grew by 15% from the previous year. Following th
Full story: https://grafa.com/en/news/australia/hammer-metals-receives-80-7m-binding-proposal Austral Resources proposed an $80.7 million binding acquisition of Hammer Metals. The proposed consideration values Hammer at $0.087 per share. Austral stated the deal supports its broader regional consolidation strategy. Hammer Metals (ASX:HMX) received a binding acquisition proposal from Austral Resources (ASX:AR1) worth $80.7 million. The offer represents a 50.8% premium to the previous implied bid from Larvotto Resources (ASX:LRV). The consideration includes 1.2903 Austral shares and $0.007 of implied spin-off value for each Hammer share. Hammer stated shareholders are expected to retain a 31.1% stake in the enlarged business. Following the announcement, the Hammer Metals share price was up at
Full story: https://grafa.com/en/news/australia/sks-technologies-expects-39-3m-annual-profit SKS Technologies expects to achieve an unaudited, before-tax profit of $39.3 million for the full year 2026. The updated earnings projection represents a 15.6% increase over previous market guidance. Management attributes the earnings growth to higher sales revenue and improved operational leverage. SKS Technologies (ASX:SKS) expects an unaudited before-tax profit of $39.3 million, up 15.6% from prior guidance. The updated forecast compares to February guidance of $340 million in sales revenue. "The significant increase in profitability reflects the continued strength of our business," said SKS Technologies CEO Matthew Jinks. The company stated sales revenue will reach $347.9 million, expanding bef
Full story: https://grafa.com/en/news/australia/centrepoint-alliance-logs-12-3m-normalised-earnings Centrepoint Alliance reported an unaudited normalised EBITDA of $12.3 million for the 2026 financial year. The reported earnings represented a 16% increase compared to the previous financial year. The company stated that acquisitions and adviser network growth drove the reported revenue increases. Centrepoint Alliance (ASX:CAF) reported an unaudited normalised EBITDA of $12.3 million for the 2026 financial year. The reported earnings exceeded the company's prior guidance range of $12.3 million. Normalised EBITDA margins for the business improved to 29% of net revenue from 26% previously. Centrepoint stated its network reached 576 authorised representatives, claiming this ranks it as the seco
Regis Healthcare acquires home care business for $10M
Full story: https://grafa.com/en/news/australia/regis-healthcare-acquires-home-care-business-for-10m Regis Healthcare (ASX:REG) has entered into a binding agreement to acquire Royal Freemasons Homes of Victoria's home care business, adding approximately 480 clients. The acquisition is stated by the company to increase annualised home care revenue by more than $10 million to approximately $50 million. The transaction will be funded from existing cash reserves, with completion expected in the second quarter of the financial year 2027. Regis Healthcare (ASX:REG) entered into a binding agreement to acquire the home care business of Royal Freemasons Homes of Victoria, adding approximately 480 clients to expand its Victorian service footprint. The transaction follows previous strategic expansion
Full story: https://grafa.com/en/news/australia/aeris-resources-outlines-170-210m-growth-budget Aeris Resources released its 2027 financial year guidance projecting 37–46 kilotonnes of copper equivalent production. The company's shares traded lower following the announcement as forecasted growth capital costs rose significantly. Aeris stated the increased spending will primarily fund construction and waste stripping at the Constellation Project. Aeris Resources (ASX:AIS) released its 2027 financial year guidance detailing a capital expenditure increase to $170–210 million. This projected growth capital represents a substantial rise from the $102 million spent during the previous financial year. The company stated it expects group copper equivalent production to remain broadly steady betwee
Full story: https://grafa.com/en/news/australia/bhagwan-marine-forecasts-combined-earnings-reaching-46-5m The company stated standalone earnings are expected to reach $38.5–$40.5 million for the financial year. The business reported net financial debt of $74.5 million following its recent corporate acquisition. Bhagwan Marine stated it remains focused on integrating the Riverside Marine charter fleet to drive revenue. Bhagwan Marine (ASX:BWN) stated its standalone full-year earnings are expected to reach $38.5–$40.5 million. The earnings forecast matches the prior market update provided by the business on May 12. The company attributed this consistent performance to disciplined cost management and higher margins across core operations. The business projected the newly acquired Riverside Ma
Full story: https://grafa.com/en/news/united-states/exxonmobil-xom-q2-2026-earnings-net-income ExxonMobil reported a second-quarter 2026 net income of $14.5 billion, more than doubling its profit from the prior year due to geopolitical disruptions and constrained global fuel supplies. The company posted an adjusted earnings per share of $3.52 alongside $23.6 billion in operating cash flow and $17.2 billion in free cash flow. The energy provider stated it achieved its highest upstream production in over two decades, driven by record outputs in the Permian Basin and continued gains in Guyana. ExxonMobil (NYSE:XOM) announced its second-quarter 2026 financial results, posting a net income of $14.5 billion, or $3.48 per share, as geopolitical disruptions drove oil prices higher. The quarterly a