HomeCo Daily Needs REIT vs Growthpoint Properties Australia shares

Are you considering which high-yield ASX REIT is better for reliable passive income? HomeCo Daily Needs REIT and Growthpoint Properties Australia are two well-known options for investors chasing attractive yields and stability. Both have grown to become staples in the Australian listed property sector, but they're certainly not cut from the same cloth. If you want your dividends to do the heavy lifting, comparing HomeCo Daily Needs REIT (ASX: HDN) shares with Growthpoint Properties Australia (ASX: GOZ) shares side by side is a smart move.

The case for HomeCo Daily Needs REIT

HomeCo Daily Needs REIT is a property trust that focuses on neighbourhood and large-format shopping centres across five Australian states. The trust owns over 50 centres (according to its company profile), mostly anchored by household-name tenants like Woolworths, Wesfarmers, and Coles. Its emphasis on necessity-based, daily retail means its income comes from businesses people visit regularly—think supermarkets and essential services—rather than discretionary and fashion retailers.

A few fundamentals stand out:

• A market cap of $2.30 billion, making it a substantial player among listed REITs.
• A very attractive dividend yield of 7.89%, with dividends paid steadily and currently unfranked.
• A low P/E ratio of 6.29, suggesting, at face value, a relatively modest price for its level of earnings among major ASX property trusts.

HomeCo's asset base was recently valued at around $4.7 billion with a reported occupancy rate of 99%, supporting the consistency of its income. That said, that asset figure is quoted from its profile—actual current values might have moved since then.

The case for Growthpoint Properties Australia

Growthpoint Properties Australia is another major listed REIT, but with a different flavour. It manages a portfolio of office and industrial property—roughly two-thirds office and one-third industrial—spread across Australia. Growthpoint also operates a meaningful funds management platform, handling about $1.9 billion for third parties (as noted in its description).

Here's what jumps out from GOZ's recent numbers:

• Its $1.46 billion market cap makes it slightly smaller than HomeCo, but still firmly mid-cap.
• A headline dividend yield of 9.56%, which is even higher than HDN and puts it firmly in high-yield territory.
• A P/E ratio of 16.18—more than double HomeCo's multiple—offering an entry point at a higher earnings multiple.

GOZ's property base is valued at around $5 billion.The company has also delivered consistent (though unfranked) dividend payments right through cycles, including during tougher market conditions for offices.

Valuation comparison

Let's put the key figures side by side where they differ meaningfully:

HomeCo sports a lower P/E and higher EPS, while Growthpoint boasts a higher dividend yield and bigger dividend per share. Both are currently paying unfranked distributions—a notable consideration for investors looking for franking credits.

Recent share price momentum

Comparing recent share price performance up to 21 October 2026:

• HomeCo Daily Needs REIT closed at $1.09, up 0.92% for the day, but posted a negative year to date return of -15.4%.
• Growthpoint Properties Australia closed at $1.93, rising 1.05% on the day, with a year to date return of -17.3%.

Both shares have suffered double-digit declines year to date as of 21 October 2026. Short-term, both showed modest positive momentum on that final trading day, but the bigger picture has been negative across the sector.

Which is the better buy?

For pure reliability of passive income, my pick would be Growthpoint Properties Australia. Its 9.56% yield is comfortably above HomeCo's (already impressive) 7.89%, and that dividend rate has been held up well even during challenging periods. The P/E ratio is higher for Growthpoint—but that's not unusual for a REIT with a heavier office and industrial tilt, and its ability to sustain a larger payout per share carries real appeal if dividend cashflow is your number one priority.

HomeCo Daily Needs REIT brings strengths of its own. The lower P/E ratio and higher EPS could signal underlying value if earnings remain solid, and necessity retail is historically less volatile than office. But for this specific battle—high yield and income stability—I'm leaning toward Growthpoint thanks to that standout yield, track record on distributions, and portfolio diversity. If franking or growth potential matters more to you, reconsider—otherwise, GOZ is the one I'd back for reliable passive income right now.

The post HomeCo Daily Needs REIT vs Growthpoint Properties: 7%-9% yield ASX REITs go head to head appeared first on The Motley Fool Australia.

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• Dividend yields in focus as seven ASX real estate companies hit 12-month lows
• WAM Leaders vs Growthpoint Properties: Which 7%+ yield stock looks better for passive income?
• How much passive income can I earn off a $700,000 superannuation balance?
• 1 ASX dividend stock down 35% I'd buy right now
• How much passive income can I make from a $100,000 ASX share portfolio?

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended HomeCo Daily Needs REIT. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

National Australia Bank vs Macquarie Group shares

If you're weighing up National Australia Bank Ltd (ASX: NAB) vs Macquarie Group Ltd (ASX: MQG) shares for your core portfolio, you're not alone. Both sit among the heavyweights of the ASX, pay steady dividends, and play key roles in Australia's financial system. But under the surface, these banking giants are built quite differently — and that has some big implications for investors.

The case for National Australia Bank

National Australia Bank is one of Australia's "big four" banks, with a massive customer base and a primary focus on consumer and business banking across Australia and New Zealand. The company's roots date back to the 1800s, though it adopted its current structure in 1982. NAB's bread and butter is traditional banking — think home loans, business finance, transaction accounts, and everyday retail services. According to its most recent public description, NAB also has a presence in Asia, the UK, and the US, but its core income remains firmly tied to Australasia.

What stands out for NAB is its focus on reliable income and strong yields. The current dividend yield is 4.34%, fully franked at 100%, which is a real draw for many income-focused investors. The bank has a substantial market cap of $124.48 billion, making it the largest bank by this measure in this matchup. With an earnings per share (EPS) of 2.000 and a P/E ratio of 19.60, NAB is priced closely in line with Macquarie on this metric. However, its negative year-to-date (YTD) return of -5.34% in 2026 does indicate some recent headwinds.

The case for Macquarie Group

Macquarie Group isn't a typical bank in the "big four" mould. Instead, it's a globally diversified financial powerhouse, best known for investment banking, funds management, asset management, and infrastructure financing. As of its company profile, Macquarie operates in 34 markets worldwide and is now counted among the world's top 50 global asset managers. Its exposure is far more international and its business model is much less reliant on everyday retail banking.

One key highlight for Macquarie is its impressive recent performance: a YTD return of 24.19% in 2026. That's a surge that's hard to ignore. On the income front, Macquarie offers a lower dividend yield at 2.82%, and its dividends come with only partial franking (35%). Investors who value franked income might see that as a disadvantage, but Macquarie is making up for it in share price growth. With a market cap of $96.05 billion and an EPS of 12.669, Macquarie looks strong in both size and earnings, and its P/E sits at 19.59, almost identical to NAB's.

Valuation comparison

When it comes to fundamental measures, the two banks are neck-and-neck on valuation, but there are clear differences in yield and business focus.

Recent share price momentum

Comparing recent share price performance up to 21 October 2026:

• On 21 Oct 2026, NAB shares closed at $39.93, up 1.86% from the previous day. Despite this, its YTD return stands at -5.34%, reflecting recent underperformance.
• On the same day, Macquarie Group shares closed at $250.37, up 0.89% from the prior session. Its YTD return is a much stronger 24.19% as of this date.

Which is the better buy?

For anyone considering a core banking stock, I'd lean towards Macquarie Group as my top pick right now. While NAB is a dividend stalwart with reliable fully franked yields, its recent share price and year-to-date return look lacklustre, and it feels weighed down by the challenges facing traditional banks.

Macquarie, on the other hand, is firing on all cylinders — its 24.2% YTD return is hard to overlook, and I'm drawn to its diversified, global growth story. The dividend yield is lower and less fully franked, so it may not suit income purists. But as a core long-term holding for growth and adaptability in a rapidly changing financial world, Macquarie's record of outperformance and international reach has won me over.

If I could only pick one for a portfolio core, my pick would be Macquarie Group.

The post NAB vs Macquarie Group: Which banking stock deserves a core portfolio spot? appeared first on The Motley Fool Australia.

More reading

• 3 reasons I would buy NAB shares right now
• Here are the top 10 ASX 200 shares today
• If I could only check my ASX portfolio once a year, these are the 10 shares I'd own
• 6 ASX shares experts are backing amid the market downturn
• At $250, is the Macquarie share price a bargain buy or red flag?

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial draft. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Zip Co Ltd (ASX: ZIP) has been in the spotlight this week after a market update sent its shares down 30%.

Last week, the buy now, pay later stock also announced that it would seek approval at its upcoming AGM to consolidate its shares on a five-for-one basis.

In other words, those currently holding 100 Zip shares could soon hold just 20.

The purpose and impact of this type of corporate action is often misunderstood among retail investors. 

Both a share consolidation and a share split change the number of shares held by investors.

But does this matter?

Will Zip shares be worth more, less, or the same post-consolidation? Is it better to own one share or five shares? Are shares with high share prices more expensive? Is there less upside for higher-priced shares?

Let's find out.

No impact on valuation

The short answer is no. 

Zip's proposed consolidation will not change its valuation. The company (and every investor's shares) will be worth exactly the same should the proposal succeed.

A share consolidation is a purely mechanical accounting adjustment. While the quantity of shares decreases, the price per share increases by the exact same ratio. This leaves the total market value the same.

Does a higher share price equal more expensive shares?

A common investing myth is that a higher share price means that the shares are 'expensive'. However, this is not necessarily the case. 

Rather, it likely means the company has fewer shares outstanding. Similarly, a lower share price likely means the company has more shares outstanding.

Price must not be mistaken for valuation.

For example, BHP Group Ltd (ASX: BHP) shares are currently trading at around $60. BHP's price-to-earnings (P/E) ratio sits at around 22. On the other hand, Rio Tinto Ltd (ASX: RIO)'s share price currently stands at $156. However, its P/E ratio is around 15. So, while BHP has a significantly lower share price, it is 'more expensive' on a P/E basis.  

The number of shares an investor owns is also irrelevant. 

One Class A share of Berkshire Hathaway Inc (NYSE: BRK.A) has increased from US$290 in 1960 to more than US$800,000 today. You're unlikely to find a long-term Berkshire investor who feels disadvantaged!

Small price bias

Another common investing myth is that lower-priced assets have greater potential for significant percentage gains than higher-priced assets, all else being equal. 

In other words, it is commonly believed that a $5 share is more likely to get to $50 than a $500 share is to get to $5,000. 

This is known as 'small priced bias'. 

In reality, companies with both high and low share prices can go up and down by the same percentage. That percentage change is all that matters in investing.

Accordingly, investors shouldn't see a small share price as an opportunity to buy 'cheap' shares and make money, or be deterred from buying (or holding) shares in companies with high share prices. 

So, if you're an existing Zip shareholder, don't sell shares on the basis that the share price at around $7.20 will have less upside than it did at $1.44.

Why do companies consolidate their shares?

You may be wondering why a company might pursue this action if it does not improve the company's valuation. 

The primary reason is to appeal to a wider investor base.

Many institutional investors and funds are deterred from lower-priced stocks because they are seen as more volatile. Increasing Zip's share price 5 times from approximately $1.44 to $7.20 is likely to attract new investors. 

In 2024, Paladin Energy Ltd (ASX: PDN) consolidated its shares on a 10-for-one basis. 

When seeking shareholder approval, the company wrote:

The Consolidation is proposed to reduce Paladin's shares on issue to a level that better reflects the Company's position as an ASX 200 company and provides  a share  price  that  is  more  appealing  to  a wider range of international investors.

The  Consolidation  applies  equally  to  all  shareholders and  as  such  the share Holders proportional interest in the Company's issued capital will remain unchanged (other than minor variations resulting from the rounding of fractional shareholdings).

Another reason to consolidate is to comply with listing requirements.

Both the Nasdaq and NYSE require companies to maintain a baseline trading price of $1. If they fall below that, they are delisted. Therefore, companies approaching $1 may choose to consolidate to remain trading.

For example, in August 2026, SU Group Holdings Ltd undertook a 5-for-one share consolidation after receiving a Nasdaq delisting notice for trading below $1.00.

However, the ASX has no such requirement. While the ASX requires companies to initially list at a minimum of 20 cents, there is no minimum threshold once they begin trading.

Key dates for Zip Shareholders

Zip's AGM is scheduled to take place on Thursday, 19 November.

Should the resolution pass, normal trading of the new Zip shares is expected to take place on 2 December. 

Zip's board has unanimously recommended that shareholders vote in favour of the proposed consolidation. The board also reiterated that it would not affect the underlying value or proportionate shareholdings in Zip shares.

The post Zip shares are doing a 5-for-1 consolidation. Does this make Zip shares worth more or less? appeared first on The Motley Fool Australia.

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• Why I'd buy Zip and DroneShield shares today

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Berkshire Hathaway. The Motley Fool Australia has recommended BHP Group and Berkshire Hathaway. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The EVT Ltd (ASX: EVT) share price is in focus today after the group posted a strong first quarter, showing normalised EBITDA up 17% to $72.5 million, and record results in its Hotels and Entertainment divisions.

What did EVT report?

• Normalised Q1 EBITDA (ex-AASB 16): $72.5 million, up $10.7 million or 17% on pcp
• FY26 normalised revenue: $1.3 billion, up 6.3%
• FY26 normalised EBITDA: $174.4 million, up 8.4%
• Reported net profit after tax: $50.7 million, up $17.3 million (51.9%)
• Hotels delivered record EBITDA of $23.9 million in Q1; occupancy held at 80%
• Dividends: Total 41 cents per share fully franked in FY26, up 3 cents year on year

What else do investors need to know?

EVT's Entertainment division hit its second-highest first-quarter box office result ever, despite operating with fewer locations than before the pandemic. Admissions jumped 19%, with operating leverage driving a 171% increase in EBITDA for the division.

The Hotels segment continued to outperform the market, even as the prior period had benefited from major sporting events. EVT's strategic capital recycling program is underway, with proceeds from divestments supporting further Hotels growth, debt reduction, and potential special dividends.

EVT is growing its hotel pipeline in Australia, New Zealand, and South-East Asia. Upcoming openings include Atura Oran Park, QT Parramatta, and new properties in Fiji and Bangkok.

What's next for EVT?

Looking ahead, EVT expects continued EBITDA growth in FY27, underpinned by another anticipated record year for the Hotels division and a strong first half from major film releases like Avengers: Doomsday and Dune: Part Three. The company also aims to progress its capital recycling program and hotel growth strategy, with a particular focus on scaling its asset-light hospitality platform.

Thredbo's performance remains linked to weather, but management continues to invest in infrastructure to support its long-term value. EVT is reviewing group structure options to enhance shareholder value, with Hotels set as the cornerstone for future growth.

EVT share price snapshot

Over the past 12 months, EVT shares have risen 13%, outperforming the S&P/ASX 200 Index (ASX: XJO), which declined 3% over the same period.

View Original Announcement

The post EVT posts strong Q1 and record FY26 earnings appeared first on The Motley Fool Australia.

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• I screened the ASX 200 for quality shares trading at a discount. These 3 stood out

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

It's been a rocky month for the Australian data centre sector. 

Over the past couple of weeks, two ASX-listed stocks have grabbed investors' attention. 

In a matter of weeks, Maas Group Ltd (ASX: MGH) went from being a relatively unknown small-cap industrials stock to dominating financial news headlines. As a major investor in Firmus Technologies, Maas' share price rode the wave surrounding Firmus' proposed IPO before spectacularly crashing when it failed to list. 

Shortly after, it was NextDC Ltd (ASX: NXT)'s turn to command the spotlight. Unlike Maas Group, NextDC was already a widely recognisable stock. It had long been seen as one of the few ways to gain exposure to artificial intelligence on the ASX, and is consistently assigned a buy rating from many experts. 

In fact, up until last week, every analyst covering the company had a buy rating on NextDC shares, with an average price target of $20.54.

However, that narrative came crashing down to earth when the ASX-listed data centre operator released an earnings downgrade late last week, sending its share price down 42% in a single session.

Buying the dip: Ingrained behaviour

Buying the dip has become firmly ingrained behaviour among Australian retail investors. 

For S&P/ASX 200 Index (ASX: XJO) investors, this strategy has generally worked out very well in recent times. 

Since 2009, the index has been on an upward trajectory. 

The ASX's steep decline during COVID gave many retail investors the opportunity to buy cheap shares for the first time and make a significant profit. 

According to ASIC, approximately one in five Australian investors began their market journey during the pandemic era. With the ASX rallying strongly in 2021, their first experience buying the dip on ASX shares was generally very positive. 

This behaviour has continued in more recent downturns. When the ASX fell in March 2026, a record number of Australian investors added to their portfolios, according to the Australian Financial Review.

However, while the ASX 200 has endured upward momentum over the past 15 years, this has not applied to all individual shares.

Rather, certain individual stocks have not been so fortunate.

For example, after peaking at more than $160 in 2021, Domino's Pizza Enterprises (ASX: DMP) remains down more than 80%. Similarly, Magellan Financial Group (ASX: MFG) and Flight Centre Travel Group Ltd (ASX: FLT) remain down more than 80% from their peaks.

Safe to say, buying the dip does not always work out. 

So, what about Maas Group and NextDC? Will they bounce back and double your money, or keep deteriorating?

Here's a few things to consider before you jump in and buy shares.

Maas Group

Maas Group shares have endured a recent roller coaster. 

When Firmus looked likely to IPO at $44 billion, Maas Group shares rallied strongly. Between April and September, the share price climbed more than 70%. It then declined nearly 50% when the IPO was called off. 

As reported by the Australian Financial Review, despite having a market capitalisation of less than $2 billion, Maas Group was the 10th-most traded stock last week on Australia's largest retail brokerage, CommSec. Approximately 72% were buy orders, with retail investors applying the 'buy the dip' mentality.

When retail investors were snapping up Maas Group shares, institutional investors were bailing out. 

Several fund managers exited after concluding that Maas Group's future is too closely tied to Firmus' future.

Maas Group owns a 3.2% stake in Firmus and has $1.1 billion in contracts for electrical engineering work required for Firmus' planned data centre network across Australia. 

As reported by the Australian Financial Review, SG Hiscock portfolio manager Phillip Li provided the following analysis on whether Mass' status as a 'cheap' stock made it a buy candidate: 

Cheap isn't a thesis on its own…The big question is where the next leg of orders comes from, and that depends on Firmus funding its pipeline. Until we get those answers, we're not buyers.

In other words, the risks currently outweigh the potential benefits according to several experts.

NextDC

Then it was NextDC's turn to endure a steep decline.

As an established data centre player, NextDC has long been a popular choice for Australian investors seeking exposure to AI on the local exchange. Based on this positioning, many retail investors may view NextDC shares as a 'quality stock on sale' following its sharp fall.

However, before jumping in, there are a few red flags to consider. 

Unlike software businesses, data centres are extremely expensive to build and operate.

Capital expenditure has soared in recent years, increasing from $690 million in FY23 to $4.5 to $5 billion in FY27 (based on guidance).

At the same time, the company expects to make just $475 to $500 million in revenue in FY27. This is just around one-tenth of capital expenditure.

Therefore, to fund expenditures, the company has conducted several capital raises. Since NextDC listed at $1.10, its share count has increased nearly 10 times, from around 80 million to more than 750 million. That increase has exceeded the share price gains. Therefore, capital has been destroyed along the way despite the share price rising.

Another point to consider is NextDC's valuation. Last week, Goldman Sachs released a report on the global data centre sector. It noted that the average pure-play data centre stock traded at an FY27 EV/EBITDA of 22 times. Before declining, NextDC traded at 26 times, making it one of the most expensive data stocks in the sector. This suggests that it may now be trading closer to fair value rather than a screaming bargain.

Foolish Takeaway

Warren Buffett famously taught us to "be fearful when others are greedy, and be greedy only when others are fearful."

However, this mentality should not be applied blindly. Sometimes a large share price decline is a genuine warning that a company has serious risks or had become far too expensive, warranting the correction.

To truly invest like Buffett, you must also be sure that the company's valuation is attractive and that the level of risk is justified.

The post Data centre disasters: Why you should think twice before buying Maas Group and NextDC shares appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Domino’s Pizza Enterprises and Goldman Sachs Group. The Motley Fool Australia has recommended Domino’s Pizza Enterprises and Flight Centre Travel Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Whitehaven Coal Ltd (ASX: WHC) share price is in focus today after the miner reported a strong start to FY27, with record managed run-of-mine (ROM) production of 11.0 million tonnes (Mt) in the September quarter — a 22% jump on the prior corresponding period — and unit coal costs at the low end of guidance.

What did Whitehaven Coal report?

• Managed ROM coal production of 11.0 Mt, up 3% on the June quarter and 22% on last year
• Equity sales of produced coal at 6.0 Mt, down 5% due to temporary export terminal disruptions
• Average achieved price rose to A$226/tonne, up 2% quarter-on-quarter and 20% year-on-year
• Unit cost of coal at the low end of FY27 guidance: $132–$147/t
• Net debt of ~$1.4 billion at 30 September 2026
• Ongoing on-market share buy-back with $14 million worth of shares repurchased in Q1

What else do investors need to know?

Whitehaven's Queensland operations delivered 5.5Mt of managed ROM coal but faced shipping delays due to planned and unplanned outages at the RG Tanna terminal, pushing up port coal stocks. These disruptions are now resolved and the company expects sales to pick up in the December quarter.

In New South Wales, Narrabri posted strong production, with managed ROM up 10%, and the Gunnedah open cuts received approval to raise annual coal haulage limits. Closing coal stocks at group level rose by 37% due to sales slippages, but these inventories are expected to normalise soon.

What's next for Whitehaven Coal?

Looking ahead, Whitehaven has reaffirmed FY27 production guidance, targeting managed ROM output of 38.0–41.0Mt and equity coal sales of 23.9–26.0Mt. The business expects unit costs to remain within guidance, with port and sales volumes to recover as earlier shipping issues subside.

Development work is ongoing at the Vickery and Winchester South projects, though capital allocation decisions will reflect current market conditions and project competitiveness. With acquisition payments to BMA wrapping up in the next year, Whitehaven says it will have greater flexibility for future capital returns and project investment.

Whitehaven Coal share price snapshot

Over the past 12 months, Whitehaven Coal shares have risen 9%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 2% over the same period.

View Original Announcement

The post Whitehaven Coal posts record Q1 production and keeps FY27 guidance appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Beach Energy Ltd (ASX: BPT) share price is in focus as the company announces a major expansion of its Taroom Trough acreage, acquiring a material operated position for $25 million in cash and a $90 million work program carry.

What did Beach Energy report?

• Acquisition of a 50% operated interest in ATP 2044 and ATP 2077A-B, and a 25% interest in ATP 2056 and ATP 2057
• Total consideration: $25 million in cash and $90 million work program carry over four years
• Material increase in net acreage to 1,481 km² (about 366,000 net acres) in the Taroom Trough
• Initial 2C Contingent Resource booking anticipated in FY27 reserves process
• Completion expected in H2 FY27, pending regulatory and pre-emptive rights approvals

What else do investors need to know?

This transaction makes Beach one of the largest acreage holders in the Taroom Trough, establishing a key presence in a region with strong potential for future gas resources. The company will take on operatorship of ATP 2044 and ATP 2077A-B, giving it greater control over the scope and pace of exploration and appraisal activities.

Beach highlights the low-cost entry and strategic alignment, noting that Queensland's onshore gas infrastructure and government support provide favourable conditions for resource development. The arrangement also features an Area of Mutual Interest, letting Beach and Elixir jointly pursue further opportunities in the Taroom Trough.

What did Beach Energy management say?

Beach Energy Managing Director and CEO Brett Woods said:

The new partnership with Elixir represents a compelling opportunity to secure a material, operated position in the Taroom Trough, an emerging resource play within an established oil and gas production province. It offers significant running room for future resource and reserves growth.

What's next for Beach Energy?

Completion of the transaction is targeted for the second half of FY27, subject to the necessary approvals. Beach plans a comprehensive exploration and appraisal program across the new acreage, aiming for an initial contingent resource booking as part of its FY27 reserves process.

The company is also progressing its joint venture activities elsewhere in the Taroom Trough, with ongoing drilling and seismic surveys, and will use its expanded footprint to accelerate learnings and resource growth in this emerging basin.

Beach Energy share price snapshot

Over the past 12 months, Beach Energy shares have declined 26%, trailing the S&P/ASX 200 Index (ASX: XJO), which has fallen 2% over the same period.

View Original Announcement

The post Beach Energy expands Taroom Trough acreage with major farm-in deal appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Mineral Resources Ltd (ASX: MIN) share price was in focus today as the company reported record Mining Services production of 103 million tonnes, up 10% quarter-on-quarter, and record attributable lithium sales of 170,000 dmt SC6.

What did Mineral Resources report?

• Record Mining Services production volumes of 103Mt, up 10% qoq
• Attributable iron ore shipments of 7.9Mt and lithium sales of 170k dmt SC6, both setting new records
• Net debt reduced by $0.2B to $4.1B; group liquidity rose to $2.5B
• Quarterly capex at $310M, with FY26 dividend of $160M paid
• Fitch upgraded credit rating to BB (stable outlook)
• Safety improved – LTIFR fell 16% qoq to 1.01; TRIFR improved 9% to 6.41

What else do investors need to know?

MinRes maintained its FY27 production and cost guidance across all divisions, despite some cost pressures from rising diesel prices toward the end of the quarter. The company expects FOB costs to stay within guidance after a temporary uptick in fuel costs in September.

Lithium operations saw record quarterly sales, although achieved prices fell as a result of weaker spot markets. The company's net debt position improved and liquidity remains healthy, even after significant capex and dividend payments.

Fitch recognised MinRes' capital discipline and expanding operations by upgrading its credit rating in September. Regulators have concluded their investigation into the company with no enforcement action.

What's next for Mineral Resources?

Looking ahead, MinRes affirmed it is on track to meet FY27 guidance in all segments. Construction is progressing on key projects including Onslow Iron's non-processing facilities and Mt Marion's lithium flotation plant.

Management is also preparing to finalise the POSCO Holdings lithium transaction in the first half of FY27, subject to outstanding conditions. Exploration continues across both iron ore and lithium assets, positioning the company for further growth.

Mineral Resources share price snapshot

Over the past 12 months, Mineral Resources shares have risen 5%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post Mineral Resources delivers record Q1 iron ore and lithium sales appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Temple & Webster Group Ltd (ASX: TPW) share price is on watch after the company reported record full-year FY26 revenue of $665 million, up 11% on last year, and FY26 EBITDA grew 17% to $21.9 million.

What did Temple & Webster Group report?

• FY26 revenue: $665 million, up 11% on FY25
• FY26 EBITDA: $21.9 million, up 17%; margin of 3.3%
• Underlying EBITDA (excluding significant items and FX losses): $25.9 million, up 28%
• Cash balance on 30 June 2026: $123 million, after a $30 million share buy-back
• Over $100 million in annual revenue now from growth adjacencies
• No final dividend declared

What else do investors need to know?

Temple & Webster has reshaped its board and management structure, with Susie Sugden appointed as CEO from 1 July 2026 and Mark Coulter moving to Executive Chair. The board says this offers a stronger balance between executive leadership and independent oversight.

The business continues its focus on technology and growth, reporting that AI-enabled initiatives have driven cost savings, improved margins, and boosted private label penetration. Investments in brand and product have also delivered top-line growth, particularly from exclusive product lines and growth in adjacent categories.

What's next for Temple & Webster Group?

The company is targeting FY27 EBITDA between $33 million and $40 million, up 50–80% on FY26. Growth initiatives, including further AI rollout, international expansion, and increased focus on mass-mid market customers, are set to drive this uplift.

Management expects a return to double-digit revenue growth by FY28 as new strategies move from testing to full rollout. With a healthy cash balance and no debt, the company plans to invest in technology, pursue further growth opportunities, and return surplus capital to shareholders over time.

Temple & Webster Group share price snapshot

Over the past 12 months, Temple & Webster shares have fallen 83%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post Temple & Webster Group FY26 earnings: Record revenue and profit growth appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Temple & Webster Group. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Droneshield vs BHP shares: Which ASX stock could help build long-term wealth?

If you're a 40-year-old looking to build serious long-term wealth, you might be tossing up between innovative tech companies and household names with reliable track records. Droneshield Ltd (ASX: DRO) and BHP Group Ltd (ASX: BHP) both trade on the ASX but represent very different roads to financial freedom. So, should you go with a small but fast-evolving Aussie tech play or back a global mining giant? Let's dig in.

The case for Droneshield

Droneshield is a homegrown defence technology company that specialises in artificial-intelligence-powered hardware and software for drone detection and mitigation. Its cutting-edge products—like DroneGun Tactical and RfPatrol—are aimed at protecting critical infrastructure, governments, the military, airports and even commercial venues from unwanted drone intrusion. While it operates mainly in Australia, the US, and the UK, Droneshield's client base appears to be growing rapidly within the security and defence world.

Looking at the fundamentals, Droneshield now carries a market cap of $1.38 billion. But its investment story is mixed: the P/E ratio comes in at a sky-high 433.75, while its earnings per share (EPS) is negative at -0.033. The company doesn't currently pay a dividend, so those seeking income will need to look elsewhere. Its returns this year haven't been flash either, with a year-to-date (YTD) return of -50.2%.

The case for BHP

BHP Group Ltd (ASX: BHP), formerly known as BHP Billiton, is the heavyweight champion of the ASX and one of the world's biggest mining outfits. With a market cap of $302.51 billion, BHP digs up and ships out commodities like iron ore, copper, coal, and nickel to global markets. The business is highly diversified across geographies and resources, and—while like all miners it's exposed to swings in commodity prices—BHP's operational history, size, and global scale offer an enviable level of stability.

The numbers show why BHP is a favourite for long-term investors: its P/E ratio is 21.76, arguably in the middle of the range for large Australian stocks. The company boasts a significant fully franked dividend yield of 4.00%, sweetened for Aussies by that 100% franking. Its EPS is $1.932 per share and it dishes out dividends regularly, with a healthy track record shown in its payment history. Shareholders have been rewarded so far in 2026 with a YTD return of 38.2%.

Valuation comparison

There are stark differences in valuation and returns between these two:

Note: Droneshield Ltd's reported P/E ratio may be based on a different earnings measure (e.g. underlying or forward earnings) than the EPS figure shown, which is why they may appear inconsistent.

BHP delivers strong profitability, attractive franked dividends, and reasonable value relative to its established earnings. Droneshield, on the other hand, is currently loss-making, with no dividend and a valuation driven by future growth expectations rather than present profits.

Recent share price momentum

Comparing recent share price performance up to 20 October 2026:

• As of 20 October 2026, Droneshield closed at $1.49, down 2.6% for the day and has seen heavy volatility and losses over 2026, reflected in its -50.2% YTD return.
• As of 20 October 2026, BHP closed at $59.50, falling 1.6% on the day but standing tall with a 38.2% YTD gain.

These figures show BHP has enjoyed positive price momentum recently, while Droneshield's shares have struggled.

Which is the better buy?

Looking at the story these numbers tell, my pick for a 40-year-old aiming to build long-term wealth is BHP. Here's why: BHP dominates with its consistent profitability, substantial (and fully franked) dividend yield, and robust gains this year. Its diversified business and global scale provide a foundation for long-term compounding—even if its fortunes can still swing with commodity cycles.

Droneshield is an exciting tech innovator with global aspirations, but it's not yet profitable and is highly speculative. While it might deliver big growth if things go its way, the negative earnings, zero dividend, and sharp recent share price losses make it a riskier proposition for growing wealth sustainably over time.

If you're after regular income, stability, and a track record of rewarding shareholders—even through market cycles—my pick would be BHP.If you're chasing explosive growth stories and can tolerate volatility and risk, Droneshield is the more daring bet, but it wouldn't be my first stop for long-term wealth at age 40.

The post Droneshield vs BHP shares: Which ASX stock is better for long-term wealth? appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial draft. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Newmont Corporation Ltd (ASX: NEM) share price is in focus after the world's leading gold miner reported an increase in quarterly sales to US$6.4 billion, up 15% from the prior year, and a 35% lift in net income attributable to shareholders.

What did Newmont report?

• Sales: US$6,363 million, up from US$5,524 million in Q3 2025
• Net income attributable to shareholders: US$2,475 million (Q3 2025: US$1,832 million)
• Adjusted EBITDA: US$3,951 million, up 19% year on year
• Adjusted EPS: US$2.20 per share (Q3 2025: US$1.71)
• Dividend: US$0.26 per share, declared for the quarter
• Free cash flow: US$7,261 million for the nine months to 30 September 2026

What else do investors need to know?

Newmont finished the quarter with US$8.8 billion in cash and total liquidity of US$12.8 billion, providing a strong financial cushion. The company also repurchased US$5.2 billion of stock during the first nine months, underlining its focus on returning capital to shareholders.

The quarter saw operational impacts from seismic activity at the Cadia mine, but production recovered in the third quarter. Portfolio-wise, Newmont struck a deal with Barrick Gold to contribute properties to the Nevada Gold Mines venture, with a US$1.95 billion cash payment expected in Q4.

In Ghana, changes to the stability agreement and royalty rates kicked in after 31 December 2025, resulting in higher operating costs, especially with gold price movements.

What did Newmont management say?

President and Chief Executive Officer Natascha Viljoen said:

Our strong result this quarter demonstrates Newmont's world-leading portfolio and disciplined capital allocation – delivering robust free cash flow and returning value to shareholders.

What's next for Newmont Corporation?

Looking ahead, Newmont expects to complete the contribution of new properties to Nevada Gold Mines in the fourth quarter, which should deliver a non-cash gain. The company continues to prioritise sustainability and project expansion, with major projects at Tanami in Australia, Cadia, and Red Chris among its near-term development focus.

Management flagged ongoing inflationary pressures and sees continued volatility in input costs and commodity prices, though the company's robust balance sheet and liquidity provide flexibility. Share buybacks and consistent dividends remain key parts of Newmont's capital management approach.

Newmont Corporation share price snapshot

Over the past 12 months, Newmont shares have risen 23%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post Newmont Corporation reports robust third-quarter result and higher profit appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Zip Co Ltd (ASX: ZIP) share price is in focus today after the company delivered its first quarter FY27 results, with total transaction volume jumping 18% and cash EBTDA rising 3.4%.

What did Zip report?

• Total transaction volume (TTV) grew to $4.6 billion, up 18% on 1Q26
• Total income rose to $376.1 million, up 17% year on year
• Cash EBTDA of $65.0 million, up 3.4%, or $75.1 million (up 19.5%) excluding a US fraud event
• Transactions increased 21.8% to 31.6 million
• Active customers steady at 6.4 million; merchants up 10.4% to 96,600
• Net bad debts at 1.97% of TTV (up from 1.65% in 1Q26)

What else do investors need to know?

Zip grew its US business rapidly this quarter, with US transaction volume and revenue up over 30% in US dollars. Customer engagement set new records, as transactions per customer jumped 27% in the US and 14.2% in Australia, and spend per customer also increased year on year.

Despite the positive operational performance, the business absorbed $10.1 million in extra operating expenses related to a contained external fraud incident in the US. Excluding these one-off costs, profitability would have shown even stronger momentum. The company also progressed its $50 million on-market share buyback, repurchasing $15.7 million worth of shares during the period.

What did Zip management say?

Zip Group CEO and Managing Director, Cynthia Scott, said:

Customers are choosing to use Zip more often, driving strong top line growth, with transactions per customer up 27.0% in the US and 14.2% in Australia, positioning us well ahead of the second-quarter holiday season… We have reconfirmed all of our FY27 guidance metrics including Group cash EBTDA of $340 million (up 26% year on year), and remain focused on executing on our strategic priorities to drive growth and innovation, and invest for long-term scale.

What's next for Zip?

Zip reconfirmed its FY27 guidance, targeting US transaction volume growth above 30% and a Group cash EBTDA of $340 million, representing 26% year-on-year growth. Management is also focused on keeping credit losses in line with their target and expanding operating margins across the group.

The company is rolling out new product offerings, including "Zip Cash" in the US and enhancements to its Australian digital products, and remains committed to disciplined capital management with continued share buybacks and optimising its funding base.

Zip share price snapshot

Over the past 12 months, Zip shares have fallen 48%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 3% over the same period.

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The post Zip Q1 FY27 earnings: Guidance reaffirmed appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Pro Medicus vs Telix Pharmaceuticals shares

When it comes to ASX healthcare shares with serious growth potential, Pro Medicus Limited and Telix Pharmaceuticals Limited stand out for very different reasons. Both are innovative Australian healthcare companies making waves overseas, but their business models, growth profiles, and investor appeal couldn't be more different. If you're weighing up Pro Medicus vs Telix Pharmaceuticals shares and hoping to double your money in two years, there's plenty to unpack — from profitability profiles and valuation right through to recent share price action.

The case for Pro Medicus

Pro Medicus is a global provider of medical imaging software and services. Its flagship products help hospitals and radiology clinics manage, interpret, and store medical images, with a large presence in the US. As per its most recent profile, Pro Medicus offers advanced visualisation and workflow tools and also supports clinical reporting and medical accounting for healthcare providers.

A few key fundamentals jump out:

• Market cap of $18.80 billion – towering over most peers on the ASX healthcare scene.
• Profitability: Strong positive earnings per share (EPS) of 2.536 and a substantial 100% franked dividend stream, albeit with a modest 0.39% yield.
• P/E ratio of 70.05 — indicating investors are paying a hefty multiple for Pro Medicus' established profits and perceived quality.

Dividends have grown robustly over time, with the latest final dividend of $0.37 per share (fully franked). Pro Medicus' products are mission-critical for its blue-chip customer base, especially in US hospitals, which underpins its reputation for dependable earnings and steady, if not spectacular, yield.

The case for Telix Pharmaceuticals

Telix Pharmaceuticals, on the other hand, is a high-flying biopharma outfit at the commercialisation stage, focused on radiopharmaceuticals for diagnosing and treating cancer. Its lead product, Illuccix, is already approved in key markets, and it has a pipeline spanning a range of cancers and rare diseases, with over 20 clinical trials up and running globally. According to its profile, Telix is pushing into the US, Europe, and Asia-Pacific with momentum, supported by fresh approvals and international expansion.

What stands out in the numbers?

• Market cap of $5.36 billion — punching above its weight for a recent commercial-stage biopharma business.
• EPS is positive (0.099), but much slimmer than Pro Medicus', which isn't surprising given Telix's reinvestment in R&D and early-stage earnings profile.
• P/E ratio sits at 108.52 — very elevated, but typical for an ASX healthcare disruptor with new commercial products and a hefty growth lens.

Telix doesn't pay a dividend. Instead, its investment appeal is all about growth: revenue from new products, pipeline breakthroughs, and the hope of outsized capital gains as it moves from lab bench to commercial success.

Valuation comparison

Here's how Pro Medicus and Telix Pharmaceuticals stack up on key valuation metrics:

It's clear both companies are priced for future growth rather than value. Pro Medicus looks pricy with a P/E of 70, but with high, sticky margins and evident profitability. Telix, with a triple-digit P/E, reflects not just commercial promise, but also high expectations for future profit ramps. Note: Telix's slim positive EPS and ultra-high P/E may both be affected by the particular earnings measure used.

If income is your goal, Pro Medicus offers some return (and full franking), while Telix hasn't reached the dividend-paying stage yet.

Recent share price momentum

Comparing recent share price performance up to 20 October 2026:

• Pro Medicus closed at $179.93, but is down 19.3% year to date. Recent weeks show big swings, including a notable 7% leap on 16 October after a generally bumpy September and October.
• Telix Pharmaceuticals closed at $15.76 on the same date and has surged 37.5% year to date, showing strong investor appetite. Price action has been lively, with sharp gains and corrections over October.

Telix has captured market excitement; Pro Medicus has seen recent volatility after surging for years.

Which is the better buy?

If I'm hunting for an ASX healthcare stock with genuine shot at doubling my money in two years, I'd lean toward Telix Pharmaceuticals. The company is coming off a year of big operational milestones and a sizzling 37.5% YTD share price gain, which the market often rewards in the biotech phase. Despite its nosebleed P/E and lack of dividend, I think Telix offers more blue-sky potential as approvals and commercial rollouts gather pace. It's risky and volatile, but that comes with the territory for biopharma.

Pro Medicus is, frankly, outstanding — profitable, high-quality, owner-managed, and a leader in its space. However, with an $18.8 billion market cap and a still-hefty 70x P/E despite a near-20% pullback this year, it's hard to see it doubling again from here without exceptional earnings surprises. Investors wanting dependable dividends and steady compounding might lean Pro Medicus, but for pure double-your-money potential, my pick would be Telix.

The post Pro Medicus vs Telix Pharmaceuticals: Which is more likely to double your money in 2 years? appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Telix Pharmaceuticals. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has recommended Pro Medicus and Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial draft. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Mirvac Group (ASX: MGR) share price is in focus today after the company reaffirmed its FY27 operating earnings guidance of 13.2 to 13.4 cents per stapled security, with ongoing high occupancy rates and solid development progress across key projects.

What did Mirvac Group report?

• FY27 operating earnings guidance maintained at 13.2–13.4 cents per stapled security
• Distribution guidance also reaffirmed at 9.9 cents per stapled security
• Investment portfolio occupancy remained high at 97%
• 429 residential net deposits and lot exchanges, with 291 settlements in the quarter
• Development progress with major projects topped out and new construction commenced
• ~$1.4 billion in residential pre-sales on hand

What else do investors need to know?

Mirvac continued to deliver a resilient operational performance, maintaining high occupancy across its office (96%), industrial (97%), and retail (99%) portfolios. Positive leasing activity included major renewals and new deals, notably with Google at 1 Darling Island, Sydney, and improved leasing at 7 Spencer Street, Melbourne.

Residential activity softened in line with expectations, reflecting the impact of higher interest rates and tax changes, especially in New South Wales and Victoria. Despite this, the company holds a sizeable pre-sales balance, providing visibility of earnings into FY27.

Additional highlights included the continued expansion of Mirvac's funds platform, with Mirvac Wholesale Office Fund acquiring two new CBD assets and the LIV Mirvac Fund launching a capital raise. The $200 million on-market buy-back has seen approximately 75% completed.

What did Mirvac Group management say?

Our high-quality investment portfolio continued to perform well during the quarter, supported by high occupancy, positive leasing outcomes and new income from recently completed developments. We are making good progress across our active commercial and mixed-use development pipeline, with several major projects running ahead of program. Our funds platform is also performing well, with our Mirvac Wholesale Office Fund deploying approximately $600 million into two new Premium-grade acquisitions following its recent successful capital raise, and LIV Mirvac launching a capital raise to accelerate growth within our build to rent platform.

What's next for Mirvac Group?

Mirvac has reaffirmed its earnings and distribution guidance for FY27, supported by a strong level of pre-sales and ongoing project activations across commercial, mixed-use, and residential sectors. The company expects between 2,800 to 3,100 residential lot settlements for the full year, with completions weighted to the second half.

Looking ahead, Mirvac will continue to focus on disciplined capital allocation, active development delivery, and growing its funds management platforms. The business remains positioned to manage variable market conditions, aiming to generate sustainable earnings and growth.

Mirvac Group share price snapshot

Over the past 12 months, Mirvac Group shares have declined 26%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post Mirvac Group reaffirms earnings guidance and reports resilient Q1 performance appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Cleanaway Waste Management Ltd (ASX: CWY) share price is on investors' minds today after the company reported a 14.2% increase in underlying EBIT to $470.2 million and delivered stronger cash generation for FY26.

What did Cleanaway Waste Management report?

• Underlying EBIT rose 14.2% to $470.2 million
• Net revenue increased 13.1% to approximately $3.7 billion
• Return on Capital Employed improved to 9.7%
• Free cash flow grew to $213.8 million, up around 64% year-on-year
• Underlying earnings per share increased to 10.0 cents
• Fully franked final dividend of 3.5 cents per share; full-year dividend 6.85 cents

What else do investors need to know?

Cleanaway acknowledged a challenging year operationally, with stronger performances in Solid Waste Services and Contract Resources, but weaker results in Health Services and Industrial Services. While overall safety improved, two fatalities—one involving a contractor and one a customer—led to an independent HSE review and a renewed Board-approved action plan.

The company is also navigating a proposed $3.095 per share acquisition by EQT Infrastructure. This deal, subject to shareholder and regulatory approval, would see shareholders potentially benefit from franking credits on special dividends. Cleanaway's Board has recommended the scheme, barring a superior proposal.

What did Cleanaway Waste Management management say?

Mark Schubert, CEO & Managing Director said:

We have a high-quality asset base, Australia's leading integrated waste network and strong positions in markets that provide essential services to our customers and communities. Our task is to make scale an advantage: to execute consistently and ensure our network, customer relationships, data and capabilities translate into higher-quality earnings, stronger cash generation and sustainable long-term shareholder value.

What's next for Cleanaway Waste Management?

Looking ahead to FY27, Cleanaway reaffirmed its guidance for underlying EBIT of $500 million to $530 million. The focus remains on disciplined execution, stronger free cash flow, and improved returns as it moves deeper into its 'Blueprint 2030 2.0' strategy. The company is prioritising organic growth, operational improvement, and continued delivery of essential services while managing the proposed EQT Infrastructure transaction.

Cleanaway's management remains committed to its strategy and performance targets, regardless of the transaction outcome. If the EQT deal proceeds, shareholders can expect further details in the upcoming scheme booklet.

Cleanaway Waste Management share price snapshot

Over the past 12 months, Cleanaway shares have risen 16%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has fallen 2% over the same period.

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The post Cleanaway Waste Management: 14% earnings growth and EQT deal update appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Vault Minerals Ltd (ASX: VAU) share price is in focus today after the company released its September 2026 quarterly activities report. Highlights include gold production of 76,849 ounces for the quarter and a strong underlying free cash flow of $95.7 million, closing with cash and bullion of $886.7 million.

What did Vault Minerals report?

• Gold production: 76,849 ounces for the quarter
• Gold sales: 79,085 ounces at an average realised price of A$6,023 per ounce
• All-in sustaining cost (AISC): A$3,529 per ounce
• Underlying free cash flow: $95.7 million (before $50.7 million break fee for merger termination)
• Cash and bullion at quarter end: $886.7 million; no corporate debt
• FY27 guidance: 355,000 to 375,000 ounces at AISC of A$3,150 to A$3,350 per ounce

What else do investors need to know?

During the quarter, Vault completed the stage 2 King of the Hills (KoTH) processing facility upgrade ahead of schedule and on budget. Commissioning started in October, with performance testing set for late October and full commissioning expected shortly thereafter.

The company maintained solid operations across its key regions. Leonora delivered 44,467 ounces at a notably low AISC of A$2,885 per ounce, offsetting softness in underground operations due to manning and equipment constraints. Progress continues at Sugar Zone, with underground mining ramping up and staffing increased by 87% this quarter.

The proposed merger with Genesis Minerals Limited is proceeding, with the scheme on track for late November 2026. A scheme booklet has been released, and an independent expert found the deal in the best interests of Vault shareholders, in the absence of a superior offer.

What did Vault Minerals management say?

Luke Tonkin, Managing Director, commented:

The September quarter delivered key milestones at Vault's two growth projects, with the advancement of the stage 2 KoTH processing facility upgrade and the first full quarter of underground activities at Sugar Zone. The investment in these growth projects will help ensure that the Vault operations deliver the targeted outcomes as part of the merger with Genesis.

What's next for Vault Minerals?

Vault expects to commission the upgraded KoTH facility in the coming quarter, supporting its growth ambitions and FY27 production guidance. The implementation of the merger with Genesis will consolidate Vault's and Genesis's Leonora operations under single ownership, aiming for increased scale, liquidity and market relevance.

Investors can look for progress updates in coming months as Vault continues its underground ramp-up at Sugar Zone and fully integrates recent capital upgrades across its key assets.

Vault Minerals share price snapshot

Over the past 12 months, Vault Minerals shares have risen 25%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post Vault Minerals posts Q1 gold output and cash flow in September 2026 quarter appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Nickel Industries Ltd (ASX: NIC) share price holders are digesting record ore sales of 4.49 million wet metric tonnes (wmt) at the Hengjaya Mine and a 4% lift in group Adjusted EBITDA to US$125.9 million for the September 2026 quarter.

What did Nickel Industries report?

• Record Hengjaya Mine ore sales: 4.49 million wmt, up 56% on the previous quarter
• Group Adjusted EBITDA: US$125.9 million, up 4% quarter-on-quarter
• Attributable EBITDA: US$102.4 million, up 3%
• Unit operating costs at Hengjaya Mine: US$18.5/wmt, down 15%
• ENC HPAL reached first MHP and cathode production, with commissioning well advanced
• US$245 million debt facility secured for ENC post-quarter end

What else do investors need to know?

Nickel Industries continues to expand its portfolio, progressing interests in multiple nickel and HPAL projects, including expected full ramp-up of ENC once wet season conditions return. Severe El Niño-driven dry conditions affected ore hauling and water supply, temporarily limiting output at some operations.

Safety performance remained robust, with a low lost-time injury frequency rate and significant hours worked without significant incident. The company also achieved high scores for sustainability, ranking in the top 20% of Asia Pacific metals and mining peers for ESG.

What did Nickel Industries management say?

Managing Director Justin Werner commented:

The September quarter delivered another strong, consistent quarter of EBITDA with Adjusted EBITDA up 4% to US$125.9m and Attributable EBITDA of US$102.4m. Once again, our Hengjaya Mine delivered record quarterly ore sales of 4.49 million wmt, up 56%, and record Adjusted EBITDA of US$76.9m, up 68% – its second consecutive quarterly record… Once normal rainfall returns, the Company is very well positioned to further grow its EBITDA profile as it starts to recognise additional cashflow contribution from its ENC operations.

What's next for Nickel Industries?

Looking forward, full production ramp-up at the ENC HPAL remains dependent on returning rain and improved water availability, expected in the December quarter. The group also eyes expanded mine sales and increased RKEF and HPAL output with ongoing project development, including the Sampala, Siduarsi, TMI, and CNE projects.

Guidance for FY26 includes mine sales of 14.3 million wmt, RKEF nickel sales of 100–110 kt, and attributable HPAL sales of 10–11 kt, as well as targeted investment in growth and maintenance capital expenditure.

Nickel Industries share price snapshot

Over the past 12 months, Nickel Industries shares have declined 3%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post Nickel Industries posts record ore sales, solid EBITDA for Q3 2026 appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Generation Development Group (ASX: GDG) share price is in focus after the company reported a 29% jump in group funds under management (FUM) to $48.1 billion and record quarterly inflows for both Generation Life and Evidentia Group in the September 2026 quarter.

What did Generation Development Group report?

• Group FUM rose 29% on the previous corresponding period (PCP) to $48.1 billion
• Generation Life FUM up 33% to $6.38 billion, with record quarterly sales inflows of $518 million (up 57% on PCP)
• Evidentia Group FUM up 28% to $41.7 billion, with quarterly net inflows of $1.54 billion
• Lonsec iRate subscribers increased 13% year on year to 5,900
• Generation Life captured a record 66% market share of quarterly investment bond inflows
• LifeIncome/Annuities delivered its strongest quarter since launch, with sales up 71% on PCP

What else do investors need to know?

Both Generation Life and Evidentia Group maintained strong momentum despite a softer industry backdrop. Generation Life achieved another record in adviser-led sales and continued to broaden its adviser network and product access.

Evidentia outpaced industry managed accounts growth, expanding FUM at 1.6 times the sector's rate and securing notable new client mandates. The group also welcomed new Evidentia CEO Louise Watson, with an emphasis on scaling up distribution and operational efficiency.

Lonsec maintained high demand for its research and ratings services, and broadened its offering with the launch of Lonsec Governance Solutions, meeting increasing client needs for investment governance and oversight.

What did Generation Development Group management say?

Grant Hackett OAM, Group Chief Executive Officer, said:

GDG delivered another strong quarter despite softer industry conditions and more cautious investor and adviser activity. Performance was underpinned by strong client and adviser relationships, market-leading positions and diversified exposure across investment bonds, managed accounts and investment research and governance.

What's next for Generation Development Group?

The group signalled continued investment in technology, digital capability and product development, aligning with its strategy for long-term sustainable growth. Evidentia and Generation Life will focus on scaling their operating platforms, deepening client relationships, and expanding distribution.

Management remains confident that the diversified business model and market-leading positions put GDG in a strong position for ongoing shareholder value creation. They will continue to target operational efficiency and disciplined executive of their strategy.

Generation Development Group share price snapshot

Over the past 12 months, Generation Development Group shares have declined 59%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post Generation Development Group posts record inflows and funds under management appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Generation Development Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Genesis Energy Ltd (ASX: GNE) share price could be in focus after the company reported a 0.7% lift in customer numbers to 493,450 in the first quarter of FY27, alongside the successful commissioning of its first large-scale battery project.

What did Genesis Energy report?

• Total electricity sales were 1,766 GWh, down 108 GWh on the prior corresponding period (pcp).
• Hydro generation reached 785 GWh, a decrease of 120 GWh versus pcp, while thermal generation fell sharply to 163 GWh (down 620 GWh).
• Total LPG customer connections grew by 1,622 during the quarter.
• Genesis commissioned the first stage of the Huntly Battery Energy Storage System (BESS) at 100 MW/200 MWh, with stage 2 progressing.
• Secure gas contracts were signed, including 11.4 PJ of third-party gas and exercising rights for up to 8.6 PJ from Kupe.
• Oil production from its Kupe JV fell by 24% to 25 kbbl, reflecting broader market and operational factors.

What else do investors need to know?

Genesis continues to reposition its retail portfolio towards higher-margin customers, leveraging a single Genesis brand after amalgamating Frank and Ecotricity's offerings. Customer churn dropped to 10.8% as their customer-focused rewards programs and refreshed brand identity took hold.

On the generation front, strong national hydro storage allowed Genesis to minimise thermal generation, keeping the Huntly Unit 5 mostly idle, reduce emissions, and source more electricity from the market or hydro. Investment in renewables pressed forward, with construction on Tihori Solar on track, and final investment decision reached for the Leeston Solar Farm.

For gas, Genesis boosted its flexibility by securing additional third-party supply and leveraging the Kupe JV options. Some redirected gas was sold to support industrial demand, extending the planned Huntly Unit 5 shutdown.

What's next for Genesis Energy?

Genesis is targeting further growth in its renewable energy pipeline, with Tihori Solar set for completion in Q1 FY28 and construction on Leeston Solar about to start. Huntly BESS Stage 2 construction is due to commence shortly, supporting system resilience and energy transition ambitions.

Digital transformation remains a priority, and major investment stays within the planned $145 million envelope. The group asserts its FY32 Growth Plan is on track, positioning Genesis as a key player in New Zealand's evolving energy market.

Genesis Energy share price snapshot

Over the past 12 months, Genesis Energy shares have declined 13%, trailing the S&P/ASX 200 Index (ASX: XJO), which has fallen 2% over the same period.

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The post Genesis Energy posts customer growth and advances renewables in FY27 Q1 update appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The APA Group (ASX: APA) share price is in focus after the company announced a $700 million final investment decision to proceed with the Bulloo Interlink Pipeline, complemented by a new five-year gas transport and storage agreement with Origin Energy.

What did APA Group report?

• Committed $700 million for construction and commissioning of the Bulloo Interlink Pipeline (BIL)
• Entered into a five-year, inflation-linked, take-or-pay gas transport and storage agreement with Origin Energy
• BIL forms part of Stage 3B of APA's East Coast Gas Grid (ECGG) Expansion Plan
• Stage 3 expansion will deliver ~30% more north-to-south gas transport capacity on completion
• Expected to increase north-to-south transport capacity on the ECGG by over 50% since 2023

What else do investors need to know?

The Bulloo Interlink Pipeline is designed to ease constraints and help meet projected gas demand for Australia's east coast markets well into the 2030s. The new capacity will link Queensland's South West Queensland Pipeline with the Moomba to Sydney Pipeline in New South Wales and is expected to deliver a maximum capacity of 800 terajoules per day.

Construction is scheduled to start in early 2027, subject to approvals, with commercial operation targeted for winter 2029. APA will use existing balance sheet capacity to fund the project, aiming for returns above its hurdle rates and anticipating a reliable, inflation-linked revenue stream from the Origin contract.

What did APA Group management say?

APA Chief Executive Officer and Managing Director, Adam Watson, said:

Delivery of the BIL is critical to east coast energy security, unlocking the significant volumes of gas available in Queensland and the Northern Territory and complementing our earlier ECGG investments.

The BIL is designed to ensure pipeline capacity is not a constraint to meet projected gas demand for Australia's southern states later this decade and into the early 2030s. AEMO's 2026 Gas Statement of Opportunities was clear that unlocking northern gas supply and expanding existing pipelines will push out projected shortfalls in southern markets into the 2030s. Beyond the BIL, APA can deliver further capacity increases, incrementally, to ensure east coast gas demand continues to be met by APA's pipeline and storage infrastructure.

We are also proud to continue our longstanding partnership with Origin Energy. The five-year agreement announced today demonstrates the strong ongoing relationship with Origin and demand for contracted capacity across our east coast assets more broadly.

We are confident there will be increasing demand for gas transport and storage capacity to support long-term energy security and transition over the longer term. Incremental investment in new pipeline capacity is a reliable and cost-efficient way to meet the needs of our customers and support Australia's energy market more broadly.

What's next for APA Group?

APA's immediate focus is on advancing environmental approvals, detailed pipeline design, and procurement for the BIL, while continuing stakeholder engagement for responsible delivery. The company expects revenue from the pipeline to ramp up over approximately five years post-commissioning.

Beyond the BIL, APA has flagged additional opportunities for incremental expansion of east coast pipeline capacity to maintain reliable supply. Its $3.5 billion organic growth pipeline aims to help secure Australia's energy future and meet customer needs as the energy transition progresses.

APA Group share price snapshot

Over the past 12 months, APA Group shares have risen 28%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post APA Group green-lights Bulloo Interlink Pipeline, announces Origin Energy deal appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Apa Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.