Browsing Tag
Australia
671 posts
Australia tightens student and backpacker visas as migration target falls to 225,000
Australia will restrict dependants on most student visas, ballot working-holiday extensions and impose No Further Stay conditions on future visitor visas.
Brookfield agrees $2.9bn Reliance Worldwide takeover after four approaches
Brookfield has agreed a US$2.9 billion takeover of Reliance Worldwide, with a go-shop period leaving room for a higher competing offer.
Australia defies Trump criticism with social-media algorithm opt-out law
Australia plans to force social-media platforms to offer users a genuine choice between algorithmically recommended feeds and posts from accounts they deliberately follow, with penalties reaching A$109.2 million as the Trump administration warns allies against targeting U.S. technology companies.
Spotlight Group opens flagship Anaconda Adventure HQ as network reaches 97 stores
Anaconda opens a 6,000sqm Adventure HQ in a A$92m Queensland retail precinct, testing whether immersive stores can outperform online shopping.
Immuron (ASX: IMC) takes PROIBS to US as Nasdaq ADR jumps 62%
Immuron Limited has signed an exclusive U.S. distribution agreement with Sweden’s Calmino group AB for PROIBS, extending its digestive-health portfolio beyond Travelan after reporting record FY26 sales of A$7.7 million.
Yo-Chi opens Balaclava store as Australian frozen yogurt chain targets global scale
Yo-Chi opens Balaclava as the Australian frozen yogurt chain targets 150 stores and a potential 400-plus global network across major markets.
U.S. military footprint in Australia set to deepen as AUKUS submarine deadline approaches
Australia and the United States are preparing to expand the breadth and complexity of American military activity in Australia across land, sea, air, cyber and space as the AUKUS submarine partnership moves toward a major 2027 milestone.
Corporate Travel Management (ASX: CTD) returns to profit but £80m UK refund crisis dominates
Corporate Travel Management returned to statutory profitability and lifted underlying EBITDA 36%, but the resumption of ASX trading exposed how severely investors have repriced the company after its customer-remediation crisis.
Ashtead Technology (AIM: AT.) margin slips as £100m H1 revenue meets offshore headwinds
Revenue edged up to £100.2 million, but adjusted EBITA declined 7.3% and margin fell 225 basis points as weaker project mix outweighed continuing deleveraging and a new Australian acquisition.
Monash IVF (ASX: MVF) revenue holds near A$269m, but margin pressure cuts profit sharply
Monash IVF Group finished FY26 below its already-reduced earnings guidance as softer Australian assisted-reproductive-treatment volumes, higher costs and incident-related expenditure compressed margins. Cash generation improved materially and international revenue grew, leaving FY27 dependent on volume recovery and operating leverage.