To The Moon

Full story: https://grafa.com/en/news/australia/asx-200-hits-record-high-of-9-296-points The S&P/ASX 200 reached an intraday record high of 9296.7 points during early Aug. 6 trading. Mining and banking stocks led the initial rally following gains on Wall Street overnight. Geopolitical progress regarding a potential US-Iran agreement continues to drive market expectations. The S&P/ASX 200 surged to a record intraday high of 9296.7 points on Aug. 6 morning. The early gain followed a record close on Wall Street driven by progress towards a US peace deal with Iran. "Reports suggest the combatants are getting closer to an agreement that could see relations revert to what they were after the first memorandum of understanding,” said Capital.com senior market analyst Kyle Rodda. Pantoro Go

Full story: https://grafa.com/en/news/australia/qantas-reaches-provisional-pay-deal-for-1-700-pilots Qantas Airways has reached a provisional wage agreement with its long-haul pilots' union. The agreement averts potential flight disruptions following a pilot vote for industrial action. The deal aims to secure operational stability while delivering wage growth and rostering improvements. Qantas Airways (ASX:QAN) has reached a provisional wage agreement with its union to resolve a dispute covering 1,700 long-haul pilots. The agreement follows a vote by pilots in favour of industrial action that included potential 24-hour work stoppages. “A broad agreement has been reached,” said Australian and International Pilots Association President Andrew Marshall. The prospective deal covers crew flying

Full story: https://grafa.com/en/news/australia/news-corp-posts-us-2-34b-q4-fy26-revenue News Corp reported fourth-quarter revenue of US$2.34 billion, representing an 11% increase compared to the prior-year period. Quarterly net income from continuing operations rose 167% to US$230 million, driving full-year free cash flow up 42% to US$811 million. Growth was primarily driven by performance in Digital Real Estate Services, Book Publishing, and Dow Jones segments. Media company News Corp (ASX:NWS) reported fourth-quarter revenue of US$2.34 billion, an 11% increase compared to the prior year, driven by growth in its Digital Real Estate Services, Book Publishing and Dow Jones segments. Net income from continuing operations came to US$230 million, up 167% from US$86 million in the prior-year p

Full story: https://grafa.com/en/news/australia/rea-group-core-net-profit-reaches-650m-in-fy26 REA Group reported a 15% increase in full-year core net profit to $650 million. The company raised its final dividend by 25% to $1.73 per share. Growth was driven by strong yield expansion and diversification into commercial lending. REA Group (ASX:REA) reported a 15% increase in full-year core net profit to $650 million following strong yield growth. EPS came up to $4.93. Core revenue rose 7% to $1.79 billion, while residential buy listings remained flat against expected market declines. Australian revenue was up 11% to $1.71 billion. "REA's unparalleled audience and proprietary data firmly position the business as a leading beneficiary of AI," said REA Group CEO Cameron McIntyre. Reported net p

Full story: https://grafa.com/en/news/australia/amp-reports-33-h1-profit-growth-and-buyback AMP delivered a 33% increase in first-half underlying net profit after tax to $174 million. The company announced a $150 million on-market share buyback alongside a 3-cent per share dividend. Earnings growth in wealth management and expanding overseas partnerships continue to drive capital generation. Financial services provider AMP (ASX:AMP) reported a 33% increase in first-half underlying net profit after tax to $174 million. Statutory net profit after tax rose 57% to $154 million while total assets under management reached $167.6 billion. "AMP's first half results reflect the momentum we are building in our wealth and retirement businesses," said AMP CEO Blair Vernon. The company declared an inte

Full story: https://grafa.com/en/news/australia/energyaustralia-first-half-earnings-jump-33-5 EnergyAustralia reported a 33.5% rise in first-half operating earnings to HK$223 million. Higher retail electricity tariffs improved overall earnings despite customer losses and lower wholesale power prices. Owner CLP Group expects softer wholesale energy prices to temper financial performance across upcoming months. EnergyAustralia, owned by parent entity CLP Group, posted first-half operating earnings of HK$223 million. The result represents a 33.5% increase compared to the HK$167 million recorded last year. Higher average retail tariffs supported earnings growth during the six months to June. However, intense market competition caused customer accounts to slide 4.3% down to 2.23 million. CLP Gr

Full story: https://grafa.com/en/news/australia/clean-energy-regulator-appoints-tony-chappel-as-ceo The Australian Government appointed Tony Chappel as the new CEO of the Clean Energy Regulator. Chappel succeeds David Parker, who has led the federal statutory authority since 2017. The new appointment will oversee Australia’s key carbon and renewable energy transition programmes. The Australian Government appointed Tony Chappel as chief executive of the Clean Energy Regulator to lead climate policy administration. Chappel succeeds David Parker, who has led the federal agency since 2017. "Chappel's appointment comes at a pivotal time, with the Clean Energy Regulator’s work central to Australia's energy transformation," said Minister for Climate Change and Energy Chris Bowen. In his role, Cha

Full story: https://grafa.com/en/news/australia/mount-ridley-identifies-rare-earths-at-grass-patch-project Automated mineralogy confirmed rare earth elements are hosted in discrete phosphate minerals at the Grass Patch project. Shares in the mineral explorer traded unchanged following the publication of the study results. Testing is being fast-tracked to concentrate rare earths prior to Phase 1 metallurgical leaching work. Mount Ridley Mines (ASX:MRD) has completed its first automated mineralogy study on material from its Grass Patch Project near Esperance. Unlike standard clay-hosted deposits that rely on simple salt leaching, these rare earths occur within hard phosphate minerals. Testing by AXT identified three distinct phosphate minerals hosting the rare earths across the sample. The c

Full story: https://grafa.com/en/news/australia/aic-mines-hits-gold-near-queensland-copper-mine AIC Mines defined copper mineralisation over 1.5km at Iris and hit high-grade gold at Eloise South. Shares in the company traded up following the exploration announcement. Drilling aims to expand resources near the existing Eloise processing infrastructure. AIC Mines (ASX:A1M) has defined copper mineralisation across 1.5km and struck high-grade gold near its Queensland mine. The exploration programme at Iris and Eloise South builds on regional work previously conducted in 2016. "These are outstanding results and reflect the exploration team's growing understanding of the regional controls on copper and gold mineralisation across the Eloise district," said AIC Mines Managing Director Aaron Coller

Full story: https://grafa.com/en/news/australia/barton-gold-completes-tunkillia-project-drilling Barton Gold completed 57,653m of drilling across 520 holes at its Tunkillia project. Barton Gold shares rose to $0.78 following the project update. The company aims to publish a pre-feasibility study in early 2027. Barton Gold (ASX:BGD) completed 57,653m of resource upgrade drilling at its South Australian Tunkillia Gold Project. The intensive five-month drilling campaign across 520 holes expanded from an initial 18,900-metre programme. "Results to date have generally exceeded expectations, with positive surprises," said Barton Gold Managing Director Alex Scanlon. Barton stated the project's starter pit is modelled to yield 206,000 ounces of gold at $997 per ounce. Following the announcement, t