To The Moon

Full story: https://grafa.com/en/news/australia/australian-household-spending-rises-1-1-in-july Australian household spending rose by 1.1% in July, marking the third consecutive month of growth. Annual nominal spending climbed 7% compared to July 2025, reaching its highest growth rate since June 2023. Increased spending across culture, food, hospitality, health, and higher fuel prices following excise duty adjustments drove the overall monthly gain. Australian household spending grew by 1.1% in July, driven by higher consumer demand in discretionary and essential categories according to figures from the Australian Bureau of Statistics (ABS). The latest increase follows seasonally adjusted gains of 1% in June and 1.2% in May. household spending "This was the third consecutive monthly rise i

Full story: https://grafa.com/en/news/australia/xero-shareholders-reject-pay-plan-in-70-vote Over 70% of Xero investors voted against a non-binding resolution proposing to increase CEO Sukhinder Singh Cassidy's target compensation to over $25 million. Groups and retail investors cited poor annual stock performance, excessive service-based vesting, and Singh Cassidy's recent complete share sale as core reasons for the pushback. The board has established a minimum shareholding requirement and committed to using investor feedback to shape future compensation strategies. Shareholders of accounting software developer Xero (ASX:XRO) voted en masse to reject a non-binding remuneration report that proposed raising CEO Sukhinder Singh Cassidy's target pay to over $25 million. The 70.6% protest vote

Full story: https://grafa.com/en/news/australia/mineral-resources-lifts-profit-to-1-2b-in-fy26 Mineral Resources posted a record financial result for fiscal year 2026, driven by mining services expansion, the ramp-up of Onslow Iron, and stronger lithium performance. The company reinstated a fully franked final dividend of 83 cents per share after net profit after tax reached 1.2 billion dollars. Management reduced overall net debt while leveraging multiple commodity operations to support future balance sheet strength. Mineral Resources (ASX:MIN) reported a record statutory net profit after tax of $1.2 billion for the full year ended June 30. The strong result compares to a previous loss-making period and was supported by a 44% increase in full-year revenue to $6.5 billion. Underlying EBITA

Full story: https://grafa.com/en/news/australia/igo-returns-in-profitability-in-fy26 IGO returned to profitability in FY26, reporting $145 million in net profit following a major previous loss. The company declared a final dividend of 5 cents per share after generating $132 million in operating cash flow. Strong performance at core operations and portfolio restructuring drove the financial turnaround. IGO (ASX:IGO) returned to profitability in FY26 by reporting a net profit after tax of $145 million following a previous $955 million loss. The earnings recovery follows last year's heavy impairments, supported by a $207 million share of net profit from Tianqi Lithium Energy Australia. Reported EBITDA was $323 million, and underlying EBITDA was $286 million. “At Greenbushes, while some operat

Full story: https://grafa.com/en/news/australia/wesfarmers-net-profit-reaches-2-87b-in-fy26 Wesfarmers reported a statutory net profit after tax of $2.87 billion for the full year ended June 30. The retail giant raised its full-year ordinary dividend by 7.8% to $2.22 per share. Management cited price reductions across retail businesses to support household budgets during cost of living pressures. Retail conglomerate Wesfarmers (ASX:WES) reported a statutory net profit after tax of $2.87 billion for the year ended June 30, supported by retail growth. Excluding significant items from the prior period, net profit after tax increased 8.3%, while total revenue rose 3.4% to $47.27 billion. “Bunnings’ solid trading performance reflected the strength and resilience of its offer and ability to deli

Full story: https://grafa.com/en/news/australia/qantas-opens-mascot-facility-in-100m-investment Qantas Airways opened a new training centre in Mascot as part of a broader $100 million investment in facilities. The airline reported an underlying profit before tax of $2.06 billion for the full year. The company is offering $1,000 in shares to around 25,000 non-executive employees to reward performance target milestones. Qantas Airways (ASX:QAN) opened a new training centre in Mascot as part of a broader $100 million investment in new infrastructure. The underlying profit before tax of $2.06 billion represents a $330 million decrease compared to the previous financial year. The group’s total fuel cost for the year was $5.7 billion, including a second-half fuel cost impact of $610 million. Qan

Full story: https://grafa.com/en/news/australia/south32-fy26-profit-leaps-410-on-higher-revenue South32 reported a 410% surge in full-year profit to US$1.01 billion. The company declared a fully franked final dividend of 5.4 US cents per share. Higher core revenue and portfolio restructuring drove the annual earnings recovery. Diversified miner South32 (ASX:S32) reported a 410% increase in profit after tax attributable to members to US$1.01 billion for the year ended June 30. The result compares with a net profit of US$213 million recorded in the prior financial year. The company resolved to pay a fully-franked final dividend of 5.4 US cents per share on Oct. 15, following a record date of Sept. 18. “Strong operating performance coupled with commodity price tailwinds underpinned one of the

Full story: https://grafa.com/en/news/australia/swoop-holdings-reports-115-9m-fy26-revenue Swoop Holdings reported a 21.8% revenue increase to $115.9 million for FY26 as core broadband and mobile services expanded. Underlying EBITDA declined by $2.8 million to $6.1 million due to elevated supplier fees and increased marketing expenditures. The company executed non-core asset sales and integrated a three-year wholesale deal with TPG Telecom to drive margin growth. Swoop Holdings (ASX:SWP) reported annual revenue of $115.9 million for FY26, representing a 21.8% increase driven by expanding subscriber numbers. The growth contrasts with an underlying EBITDA drop from $8.9 million to $6.1 million, caused by higher supplier fees and marketing costs. Total operating expenses increased $2.3 millio

Full story: https://grafa.com/en/news/australia/sigma-healthcare-posts-1-09b-fy26-ebit-following-merger Sigma Healthcare recorded $1.09 billion in normalised earnings before interest and tax for FY26. The annual results reflect a 20.6% increase in earnings and a 15.5% lift in revenue. The business is driving market expansion via Chemist Warehouse store rollouts across domestic and global targets. Sigma Healthcare (ASX:SIG) reported full-year revenue of $10.8 billion and normalised EBIT of $1.09 billion for the period ended June 30. The outcome marks the company's first full financial year operating as a combined business following its merger with Chemist Warehouse Group. Sales also have benefited from the structural uplift in consumption of GLP-1 medicines across the market. “To put our pr

Full story: https://grafa.com/en/news/australia/wesfarmers-plans-store-rollout-following-2026-results Wesfarmers launched a 3,000sqm K Home trial store in Melbourne. Following the announcement, the Wesfarmers share price was down at $79.32. The company plans to expand standalone stores and increase its retail footprint in the Philippines. Retail conglomerate Wesfarmers (ASX:WES) announced plans to expand its K Home format following a 3,000sqm trial. The development follows Kmart Group sales rising 2.8% to $11.75 billion in the 2026 financial year. The company stated wholesale growth slowed due to foreign retailer anxiety regarding international tariff volatility. Following the announcement, the Wesfarmers share price was down at $79.32. Wesfarmers currently operates six Anko locations in t