Browsing Tag
Australia
671 posts
EVT adds fifth Atura hotel with 184-room Oran Park opening scheduled for October
EVT prepares Atura Oran Park near Western Sydney Airport, betting 184 rooms and event demand can extend its asset-light hotel growth strategy in Australia.
Harvey Norman lost more than A$31m in UK retail, so why is it planning more stores?
Harvey Norman is planning more UK stores despite a A$31m segment loss, making overseas scale versus execution risk the central HVN valuation test.
Jumbo Interactive (ASX: JIN) revenue jumps 33%, but dividend halves after Dream expansion
Jumbo Interactive delivered record underlying EBITDA and 33% revenue growth in FY26 as the Dream Giveaways acquisitions transformed its international business. Investors remained cautious as statutory profit declined, the dividend was halved and group EBITDA margin compressed during a year of heavy acquisition investment.
Why Minor Hotels thinks wellness, golf and conferences belong inside one 340-acre Hunter Valley resort
Minor Hotels is combining two Hunter Valley properties into Avani Cypress Lakes, testing whether wellness, golf and events can lift resort economics now.
Costco chooses Brisbane Airport for fourth Queensland warehouse in A$145m investment
Costco is investing over A$145m in a Brisbane Airport warehouse, testing whether its membership model can keep scaling through destination retail growth.
PEXA profit recovers in FY26, but regulatory and property risks sink shares 17%
PEXA Group delivered higher FY26 revenue, EBITDA and free cash flow while cutting leverage to 1.0 times, but the stock plunged after FY27 guidance signalled materially lower margins and profit. Regulatory uncertainty around Australian settlement fees and persistent investment in the United Kingdom are now dominating sentiment.
Dicker Data (ASX: DDR) shares hit 52-week high as H1 profit jumps 54% on AI demand
Dicker Data delivered a sharp acceleration in first-half earnings as Australian technology refresh, software and AI infrastructure demand lifted revenue and margins, sending the stock to a 52-week high. The FY26 guidance, however, points to a second half where revenue can keep expanding even as profit margins retreat from unusually strong H1 levels.
SSN-AUKUS submarine program: Design, funding, shipyards and delivery timeline
SSN-AUKUS is the next-generation nuclear-powered attack submarine being developed for the United Kingdom and Australia under AUKUS. Detailed design and long-lead procurement are advancing as Britain prepares for first steel cutting in 2027 and Australia builds the Osborne industrial base needed to begin its own submarine construction before the end of the decade.
Why ESR-REIT CEO Adrian Chui is stepping down as portfolio reset accelerates
ESR-REIT has begun searching for a new chief executive after Adrian Chui decided to step down, creating a leadership transition just as the Singapore-listed trust sells older assets, expands in Australian logistics and works to bring leverage below recent elevated levels.
Ansell (ASX: ANN) jumps 9.6% as cash flow surges 156% and FY27 guidance rises
Adjusted EPS rose 17.8%, operating cash flow more than doubled to US$270 million and net leverage fell to 1.3 times, allowing Ansell to increase its dividend while continuing a US$200 million buyback.