Commonwealth Bank of Australia reported full-year results, with cash net profit up 7% year on year to A$11 billion, slightly ahead of market expectations. Operating income rose 6.2% to A$30.2 billion, while net interest margin edged down to 2.05% from 2.08%. The bank lifted its final dividend by 3.9% to A$2.70 per share. After the release, the stock fell 0.6% in line with the broader market.

Commonwealth Bank of Australia reported FY26 results with cash NPAT up 7%, but its shares fell about 2% to $171.36 and are down about 5% over the past week, while still up roughly 7% year to date. Seek plunged about 16% to $13.55 after investors reacted to the company’s FY26 update and concerns its FY27 guidance could come in weaker than expected, taking its year-to-date decline to 42%. Moves in both stocks weighed on sentiment in the Australian market on Wednesday.

Austral Resources has agreed to acquire Hammer Metals in a binding scrip deal that values Hammer at $80.7 million, with Hammer shareholders to receive 1.29 Austral shares for each Hammer share. Hammer shareholders will also keep shares in a new spin-out vehicle holding Hammer’s Western Australian gold assets, while Hammer’s board and major shareholders back the transaction. Hammer’s 39.2mt Kalman copper resource is expected to become a future ore feed source for Austral’s Rocklands processing hub. Separately, Austral said the Queensland Critical Minerals Fund invested $15 million via a nondilutive royalty financing arrangement to support a stage 2 expansion of the Rocklands facility.

Karoon Energy said its Who Dat East project has been approved, with first production targeted for the second half of 2028. The company expects output of about 5,900 barrels of oil equivalent per day net to Karoon, with 45% liquids. Net capital expenditure is estimated at US$155–165 million, and Karoon forecasts an internal rate of return above 20% at the midpoint. Karoon holds a 40% working interest alongside operator LLOG (40%) and Westlawn Americas Offshore (20%).

Dexus Industria REIT reported full-year results for the year ended 30 June 2026, with revenue down 7.8% to $65.6 million and net profit falling 11.6% to $74.4 million. Funds From Operations (FFO) declined 3.7% to $55.7 million. Despite the earnings drop, total distributions inched up 0.8% to $52.5 million and the payout ratio rose to 94.3% from 90% a year earlier. Net tangible assets per security increased 2.4% to $3.42.

AGL Energy reported FY26 underlying EBITDA of $2,100 million, up 2%, and operating free cash flow of $850 million, up 60%, supported by customer growth and its energy services business. Underlying NPAT slipped 2% to $631 million, while statutory profit after tax was $756 million. Customer services rose by 92,000 to 4.57 million, helped by the Ampol Energy acquisition and organic growth, with customer satisfaction at 84.1%. The dividend payout ratio was 53.3% and the company is targeting 55–60%, expected to be fully franked, while decentralised assets under orchestration increased by 250 MW to 1.74 GW as it pursues renewables expansion.

SEEK Ltd reported FY2026 results showing sales revenue up 17% to $1,284 million and net revenue up 10% to $1,199 million. EBITDA rose 15% to $530 million and adjusted profit increased 28% to $199 million, while free cash flow climbed 21% to $246 million. The company declared a record full-year dividend of 52 cents per share, up 13%, and said its SEEK Growth Fund recorded a net loss of $201 million.

Suncorp Group reported FY26 net profit after tax of $1,027 million, down from $1,823 million a year earlier, while cash earnings fell to $1,042 million from $1,452 million. Gross written premium rose 2.7% to $15,407 million. The insurer declared a fully franked final dividend of 52 cents per share and a 10-cent special dividend, and said it plans an on-market buyback of up to $250 million in FY27. Natural hazard costs exceeded the Group’s allowance by $254 million, and CET1 capital sat $518 million above the midpoint of the target range after dividends.

Commonwealth Bank of Australia posted FY26 results showing cash net profit after tax up 7% year on year to $11.0 billion. The bank declared a fully franked final dividend of $2.70 per share, taking the full-year dividend to $5.05, up 20 cents. Its CET1 (Level 2) capital ratio stood at 12.0%, and retail added 655,000 new transaction accounts with daily digital logins topping 14 million.