Browsing Tag
Australia
718 posts
EBR Systems seeks Australian approval for WiSE wireless heart pacing device after US launch
EBR Systems has submitted its WiSE cardiac pacing system for Australian regulatory inclusion following an earlier priority review determination, potentially opening a second commercial market while the company's United States implant rollout continues at a slower pace than previously anticipated.
Freelancer (ASX: FLN) cuts expenses 11% as Loadshift posts record quarter
Freelancer has returned to a small quarterly operating profit through cost reductions and growth at Escrow.com and Loadshift, while its original freelancing marketplace continues to lose revenue despite improvements in platform performance and payment acceptance.
Ramsay Health Care (ASX: RHC) moves toward November 24 vote on European hospital separation
Ramsay Health Care has advanced the proposed separation of its European hospital subsidiary through a key documentation milestone, bringing shareholders closer to voting on a transaction intended to simplify the Australian group's operating and financial structure.
Metcash (ASX: MTS) agrees up to A$85m Peries Group acquisition to strengthen Queensland IGA network
Metcash has exercised its contractual acquisition right over Peries Group, securing an agreement to purchase 15 Queensland IGA supermarkets while considering whether to retain or transfer individual stores to independent operators.
Alcoa stock surges as Q3 profit doubles to $483m amid major acquisition plans
Alcoa Corporation delivered stronger third-quarter earnings and $472 million in free cash flow, but its planned acquisition of South32's aluminum assets introduces a major test of financing discipline, operating integration and future profitability.
Mesoblast (ASX: MSB) reports US$99m cash after stronger Ryoncil sales and lower expenditure
Mesoblast has reported higher year-on-year revenue from its approved cell therapy Ryoncil and a sharp reduction in operating cash expenditure, although sequential sales declined following a stronger June quarter.
Helloworld Travel (ASX: HLO) forecasts up to A$84m FY27 EBITDA as Crown Currency deal approaches
Helloworld Travel has issued FY27 earnings guidance substantially above last year's result, supported by its pending Crown Currency Exchange acquisition and stronger forward travel bookings, although underlying first-quarter activity remained broadly unchanged.
Westpac (ASX: WBC) plans 102 job cuts in Risk, Institutional Banking and Finance reset
Westpac Banking Corporation is consulting on a restructuring affecting 174 positions across Risk, Institutional Banking and Finance, including 102 proposed redundancies and 72 moves into comparable roles. The cuts arrive while the Australian bank remains strongly capitalised and profitable, turning the workforce action into a test of whether simplification can lower structural costs without weakening risk oversight or institutional banking execution.
Avenira (ASX: AEV) secures A$85m funding package for Wonarah phosphate mine in Northern Territory
Avenira has secured project development and working capital facilities from strategic shareholder Hebang Biotechnology, strengthening the financing pathway for its Wonarah phosphate project as it prepares for direct shipping ore production.
AMP Platforms (ASX: AMP) inflows climb 20% to A$1.5bn as wealth assets reach A$168bn
AMP has reported stronger investment platform inflows, improving superannuation retention and continued capital returns, although its banking loan portfolio continues contracting as management prioritises balance-sheet efficiency.