Bruce Gordon lifts Nine Entertainment stake past $45M
Full story: https://grafa.com/en/news/australia/bruce-gordon-lifts-nine-entertainment-stake-past-45m Media mogul Bruce Gordon purchased an additional 47 million shares in Nine Entertainment for $45 million through his private investment company Birketu. The transaction expands his total economic interest in the media network past 31% while raising his voting power to 25.9%. The acquisition relies on Australia's corporate creep provision to build operational influence without initiating a formal takeover offer. Billionaire Bruce Gordon increased his economic stake in Nine Entertainment (ASX:NEC) above 31% following a $45 million share acquisition. The on-market stock purchases over the past week added 3% to his existing holding, pushing his direct voting power to 25.9 per cent alongside a 5
Full story: https://grafa.com/en/news/australia/australian-job-numbers-rise-in-june-quarter Australian filled jobs grew 0.7% to hit 16.3 million in the June quarter. The total number of job vacancies fell by 2.6% across the national economy. A 4.6% surge in secondary employment pushed the multiple job-holding rate to 6.9%. Australia recorded a 0.7% rise in filled jobs to 16.3 million in the June quarter, driven by a 110,700 position gain across the nation according to the Australian Bureau of Statistics. The latest quarterly gain marks the fifth consecutive expansion in national employment, supported by a 0.4% rise in main jobs alongside a 4.6% jump in secondary positions. job holders "Filled jobs rose 0.7% in the June quarter, the fifth quarterly rise in a row," said ABS head of labour st
Australian trade surplus shrinks to $1.92B in July
Full story: https://grafa.com/en/news/australia/australian-trade-surplus-shrinks-to-1-92b-in-july The Australian Bureau of Statistics reported a July goods trade surplus of $1.92 billion, shrinking by $418 million month-on-month. Total exports slid 3.3% to $46.26 billion. Despite the monthly contraction, the trade result surpassed consensus market expectations, targeting a lower outcome of $1.3–1.45 billion. Australia recorded a narrower goods trade surplus of $1.92 billion in July, reflecting a 3.3% decline in overall exports driven primarily by a 26.1% drop in gold shipments, according to data from the Australian Bureau of Statistics. The monthly contraction follows a revised June surplus of $2.34 billion, as lower oil prices dragged fuel and lubricant imports down by 12.3%. balance The
Peter Warren conditionally clears ACCC acquisition review
Full story: https://grafa.com/en/news/australia/peter-warren-conditionally-clears-accc-acquisition-review The ACCC approved Peter Warren's acquisition of Wakeling Automotive's dealership sites subject to divesting eight local car dealerships. The regulatory conditional clearance secures market approvals for the Sydney Macarthur expansion. Peter Warren offered the divestments to resolve competition concerns in new car supply, servicing, and repairs. Peter Warren Automotive Holdings (ASX:PWR) secured conditional approval from the ACCC to acquire Wakeling Automotive Group's new car dealerships. The competition watchdog found that acquiring all sites would have allowed Peter Warren to operate 25 out of 34 local dealerships. “Without the conditions, the acquisition would have resulted in Peter
Full story: https://grafa.com/en/news/australia/aussie-dollar-hits-13-year-peak-on-nzd The Australian dollar reached a 13-year high of NZ$1.23 against the New Zealand dollar. The Aussie dollar held steady at $0.72 against the US dollar while gaining 1% overnight against the kiwi. Diverging central bank interest rate policies between Australia and New Zealand are driving the currency pair. The Australian dollar reached a 13-year peak of NZ$1.23 against the New Zealand dollar following shifting interest rate expectations across the Tasman. The 1% overnight jump represented the currency pair’s largest single-day gain since April 2025. The New Zealand dollar fell after the Reserve Bank of New Zealand issued a dovish rate outlook, while stronger domestic data raised bets that the Reserve Bank o
Full story: https://grafa.com/en/news/australia/dimerix-secures-34m-funding-facility Dimerix secured a non-dilutive credit facility worth $34 million. The deal provides key funding without issuing new equity or diluting current shareholder value. Capital will directly support late-stage clinical trials for the company's core kidney disease treatments. Dimerix (ASX:DXB) has entered into an agreement for a $34 million non-dilutive facility to fund its upcoming clinical trial milestones. The securing of debt capital allows the company to extend its cash runway without placing additional equity pressure on existing shareholders. "The successful entry into this facility provides Dimerix with the financial flexibility needed to execute our planned development activities without dilution for shar
Stanmore Resources buys Moranbah South for US$105M
Full story: https://grafa.com/en/news/australia/stanmore-resources-buys-moranbah-south-for-us-105m Stanmore Resources agreed to acquire 100% of the Moranbah South coal tenements for US$105 million. The transaction eliminates up to US$60 million in future contingent payments while expanding high-quality metallurgical coal reserves. The purchase strategically connects neighbouring assets to strengthen long-term production and development infrastructure in Queensland. Stanmore Resources (ASX:SMR) has agreed to acquire full ownership of the Moranbah South coal tenements from Exxaro for US$105 million. The acquisition follows Exxaro exercising its pre-emptive rights to buy out Anglo American's 50% interest in the joint venture. "The acquisition of the Moranbah South tenements will represent a s
Full story: https://grafa.com/en/news/australia/anson-resources-secures-194m-utah-incentive Anson Resources secured a $193,995,683 business incentive approved by the Utah Inland Port Authority Board. Following the announcement, the Anson Resources share price was up at $0.058. The funding will support project development for the company’s 100%-owned subsidiary, A1 Lithium. Anson Resources (ASX:ASN) secured a $194 million business incentive to support the development of its Green River Lithium Project in Utah. The incentive is calculated as 50% of the projected additional property tax differential over a period of up to 25 years. The fine print outlines that the project’s planned 10,000-tonne-per-annum lithium carbonate production plant requires a total capital investment of $569 million ba
Full story: https://grafa.com/en/news/australia/po-valley-energy-reports-record-gas-revenue Po Valley Energy signed a new 12-month gas sales agreement with Hera Trading. The company achieved record monthly revenue at Podere Maiar in August. MASE approved the environmental impact assessment for the Selva Malvezzi drilling programme. Po Valley Energy (ASX:PVE) generated ~€1.1 million in net monthly revenue during August from its Podere Maiar well. The August performance represented the highest monthly revenue in over three years of continuous production at the field. PVE Chairman and CEO Kevin Bailey said, "Renewing the GSA with a local offtake partner of Hera's standing, based in Bologna, continues to demonstrate our commitment to the local economy." Gross production reached ~2,500,000 Scm
Full story: https://grafa.com/en/news/australia/po-valley-energy-reports-record-gas-revenue Po Valley Energy signed a new 12-month gas sales agreement with Hera Trading. The company achieved record monthly revenue at Podere Maiar in August. MASE approved the environmental impact assessment for the Selva Malvezzi drilling programme. Po Valley Energy (ASX:PVE) generated ~€1.1 million in net monthly revenue during August from its Podere Maiar well. The August performance represented the highest monthly revenue in over three years of continuous production at the field. PVE Chairman and CEO Kevin Bailey said, "Renewing the GSA with a local offtake partner of Hera's standing, based in Bologna, continues to demonstrate our commitment to the local economy." Gross production reached ~2,500,000 Scm