For me, that means focusing on businesses and assets that can generate steady cash flow across different conditions, with structures in place that support consistent distributions over time.

Here are four ASX dividend stocks I would trust for long-term income.

Rural Funds Group (ASX: RFF)

Rural Funds Group offers a different kind of income exposure to what you usually find on the share market.

It owns agricultural assets, such as farms and water infrastructure, which it leases to operators. That structure creates a relatively predictable rental income stream, supported by long-term agreements.

What I like is the duration of those leases. The portfolio has a weighted average lease expiry of over 13 years, with many leases structured on a triple-net basis, meaning tenants cover most operating costs.

That combination helps create visibility over income, while also providing some protection against inflation through lease indexation.

For me, it is a way to gain exposure to agricultural assets without needing to manage them directly, while still benefiting from a steady income profile.

HomeCo Daily Needs REIT (ASX: HDN)

HomeCo Daily Needs REIT is built around convenience.

Its portfolio focuses on properties anchored by essential retail, such as supermarkets and other services people use regularly.

What I find appealing is how that translates into performance. The REIT has maintained occupancy and rent collection rates above 99% since listing, which I think highlights the consistency of demand across its assets.

The ASX dividend stock also has a pipeline of development opportunities, which provides a pathway for income growth alongside its existing portfolio.

That mix of stability and gradual expansion is what makes it appealing to me from an income perspective.

APA Group (ASX: APA)

APA Group sits at the centre of Australia's energy infrastructure.

It owns and operates pipelines and energy assets that are essential to the delivery of gas and electricity across the country.

What I like most is the nature of its revenue. Much of it is linked to long-term contracts and inflation, which help provide a stable, growing cash flow base. That can support dividends over time.

The company has also reaffirmed its dividend guidance, with expectations of around 58 cents per share for FY26. This represents a dividend yield of almost 6% at the current share price.

For me, this ASX dividend stock represents a more traditional infrastructure-style income investment, backed by assets that are difficult to replace.

NIB Holdings Ltd (ASX: NHF)

NIB Holdings adds a different dimension to an income portfolio.

As a health insurer, it generates revenue from premiums, which creates a recurring income stream tied to its growing customer base.

What I find interesting is how the business has been improving efficiency. Its recent half-year results show a reduction in expense ratios and strong underlying operating profit growth, which reflects disciplined execution and scale benefits.

At the same time, the company continues to pay fully-franked dividends, including a 13-cent per share interim dividend last month.

That combination of operational improvements and consistent payouts makes it an appealing addition for long-term income.

Foolish Takeaway

Reliable income often comes from assets and businesses that people depend on.

Rural Funds Group benefits from long-term agricultural leases, HomeCo Daily Needs REIT generates income from essential retail properties, APA Group provides infrastructure-backed cash flow, and NIB delivers recurring income through health insurance.

They each approach income differently, but I think all four ASX dividend stocks offer the kind of stability that can support long-term passive income.

The post The ASX dividend stocks I'd trust for long-term income appeared first on The Motley Fool Australia.

Will the market be able to build on this on Wednesday? Here are five things to watch:

ASX 200 to rise

The Australian share market looks set to rise again on Wednesday following a mixed night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 18 points or 0.2% higher. In the United States, the Dow Jones dropped 0.2%, but the S&P 500 rose 0.1% and the Nasdaq climbed 0.1%.

Buy Telix shares

The team at Bell Potter thinks investors should be buying Telix Pharmaceuticals Ltd (ASX: TLX) shares following its first-quarter sales update. In response to the update, the broker has retained its buy rating and $19.00 price target on Telix's shares. It said: "The company continues to make good progress on multiple pipeline products. Short term news flow includes acceptance by the FDA of the resubmitted NDA for Pixclara and the amendment to the IND for TLX591 (prostate cancer Tx). We maintain our Buy rating. FY26 EBITDA is increased by ~US$21m to US$55.3m."

Oil prices fall

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a subdued session after oil prices pulled back overnight. According to Bloomberg, the WTI crude oil price is down 1.7% to US$110.41 a barrel and the Brent crude oil price is down 3.8% to US$105.27 a barrel. This was driven by optimism that a US-Iran peace deal could be on the way.

Gold price rises

ASX 200 gold shares including Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a good session on Wednesday after the gold price pushed higher overnight. According to CNBC, the gold futures price is up 1.1% to US$4,734.4 an ounce. Traders have been buying gold in response to Donald Trump's comments on Iran.

Dividend payday

A number of ASX 200 shares will be rewarding their shareholders with their latest dividends on Wednesday. This includes financial technology company Iress Ltd (ASX: IRE), gold miners Regis Resources Ltd (ASX: RRL) and Vault Minerals Ltd (ASX: VAU), media giant News Corporation (ASX: NWS), and private health insurer NIB Holdings Limited (ASX: NHF). The latter is paying a fully franked 13 cents per share interim dividend today.

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

After suffering some nasty drops this week, investors couldn't quite summon up the fortitude to end the week higher today. Although the ASX 200 did spend some time in green territory this session, it ended up closing 0.14% lower.

That leaves the index at 8,617.1 points as we head into the weekend.

This uninspiring end to the Australian trading week follows a far nastier morning on the American markets.

The Dow Jones Industrial Average Index (DJX: .DJI) was a car crash-like scene, enduring a 1.56% drop.

Things were even worse for the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC), which lost 1.78% of its value.

But let's get back to the local markets now and see how the various ASX sectors ended their trading weeks.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

In order to receive a dividend, you must own the ASX share before its ex-dividend date.

Here is a sample of the large number of ASX All Ords shares with ex-dividend dates next week.

ASX All Ords shares about to go ex-dividend

Which companies will we hear from today?

The big one today is the half-yearly report from supermarket network Coles Group Ltd (ASX: COL).

Woolworths shares ripped this week after the ASX All Ords consumer staples giant reported a 16% profit lift to $859 million for 1H FY26.

We'll also hear from TPG Telecom Ltd (ASX: TPG), Michael Hill International Ltd (ASX: MHJ), and Pexa Group Ltd (ASX: PXA).

The latest report from The Star Entertainment Group Ltd (ASX: SGR) will also be interesting, as investors seek further news on the turnaround plan for the beleaguered casino operator.

Yesterday, Star Entertainment shares bounced on news of a debt refinancing deal, including extra liquidity to fund the turnaround plan.

The post 35 ASX All Ords shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

What did nib Group report?

• Revenue: $1.9 billion, up 7.7% from 1H25
• Underlying operating profit (UOP): $129.1 million, up 22%
• Net profit after tax (NPAT): $82.9 million, in line with 1H25
• Earnings per share: 17.0 cents
• Operating expense ratio: 16.5%, down 1 percentage point
• Interim dividend: 13.0 cents per share, fully franked

What else do investors need to know?

nib's customer base grew to a record 1.95 million people in 1H26, supporting both revenue growth and a sustainable net margin in its core Australian residents business. Adjacent business lines like international health insurance and New Zealand operations contributed strongly, delivering their best first-half results since FY19.

The group's digital transformation is delivering real benefits, with 86% of Australian residents' claims now processed automatically and more than 70% of customers digitally connected. AI tools are helping drive greater productivity and enhance customer service.

What did nib Group management say?

Managing Director and CEO Ed Close said:

Customer experience remains a key focus. This is reflected in strong NPS outcomes and a continued shift to digital self-service, with the majority of customer interactions now occurring digitally. Delivering on customer expectations and providing value throughout the healthcare journey remains a core capability. Today, 94% of Australian residents health insurance claims are processed within 24 hours.

What's next for nib Group?

nib has guided for FY26 underlying operating profit between $257 million and $267 million, with much depending on continued improvements in its travel business and ongoing cost management. The company highlighted ongoing investment in digital experiences and AI to further boost efficiency and deliver better customer outcomes.

A strategic review of the nib Travel business is underway, and the group says its ongoing focus remains on improving health outcomes, customer value, and sustainable growth.

nib Group share price snapshot

Over the past 12 month, the nib Group share price has declined 2%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 9% over the same period.

View Original Announcement

The post nib Group lifts 1H26 profit, keeps dividend steady appeared first on The Motley Fool Australia.

Will the market be able to bounce back from this on Monday? Here are five things to watch:

ASX 200 expected to rise

The Australian share market looks set for a decent start to the week following a good finish on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 16 points or 0.2% higher. In the United States, the Dow Jones was up 0.45%, the S&P 500 rose 0.7%, and the Nasdaq stormed 0.9% higher. However, the announcement of US tariffs over the weekend could add some volatility to today's session.

Oil prices edge higher

It could be a positive start to the week for ASX 200 energy shares such as Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices edged higher on Friday night. According to Bloomberg, the WTI crude oil price was up 0.1% to US$66.48 a barrel and the Brent crude oil price was up 0.15% to US$71.76 a barrel. Oil prices have been rising after the US weighed up military strikes on Iran.

Half-year results

A number of ASX 200 shares will be on watch today when they release their half-year results. Among them are NIB Holdings Limited (ASX: NHF), Perpetual Ltd (ASX: PPT), and Reece Ltd (ASX: REH). With respect to the latter, Morgans expects the plumbing parts company to report a 22.9% decline in net profit to $139.5 million. It said: "Management noted that the macroeconomic environment remains challenging across ANZ and the US and expects activity in both regions to stay subdued in the near term."

Gold price jumps

ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a good start to the week after the gold price jumped on Friday night. According to CNBC, the gold futures price was up 1.7% to US$5,080.9 an ounce. This was driven by the release of soft US economic data which supported interest rate cut hopes.

Buy Telix shares

Bell Potter thinks investors should buy Telix Pharmaceuticals Ltd (ASX: TLX) shares following the release of its half-year results. It has retained its buy rating with a trimmed price target of $19.00. It said: "FY25 was a challenging period by virtue to the two CRLs from the FDA and a stream of negative news flow – most recently the sudden resignation of the Chairperson. Nevertheless, the clinical programs are ongoing, and the company is well funded to continue these."

The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

At the time of writing, the Nib share price is up 3.45% to $6.60.

Here is what investors need to know.

Premium increases confirmed for 2026

In an ASX announcement, Nib confirmed that its private health insurance premiums will rise by an average of 5.47%.

The increase follows approval from the Federal Minister for Health and Aged Care.

Management said the changes reflect ongoing cost pressures across the healthcare system. These include higher hospital and medical costs, increased use of services, and broader inflationary impacts.

The company noted that more than half of its policyholders will see increases of $3.80 per week or less.

Chief Executive Officer Ed Close said Nib remains focused on affordability and value, while continuing to manage rising claims costs.

During FY25, the group paid $2.3 billion in claims, an increase of almost 9% on the prior year. The company also recorded more than 400,000 hospital admissions and 4.3 million visits to medical providers.

Momentum and key price levels

Looking at the chart, Nib shares have trended lower since late 2025 after peaking above $8 during the year.

The stock closed at $6.38 on Tuesday and is hovering around $6.60 in early trade. Over the past 12 months, it has traded between $5.82 and $8.26.

On the daily chart, Nib is trading near the lower end of that range. The price is closer to the lower Bollinger Band, suggesting softer short-term momentum.

The relative strength index (RSI) is around 40, placing the stock near oversold territory but not at extreme levels. This suggests selling pressure may be easing, though momentum remains weak.

The $5.80 to $6 zone has acted as support over the past year. On the upside, resistance appears near $7, with further resistance around $7.50 based on prior trading activity.

With the shares closer to support than their 12-month high, the next move may hinge on whether support holds.

What investors will be watching next

Premium adjustments are a normal part of the private health insurance cycle and are closely linked to claims trends and healthcare cost inflation.

While higher premiums can support revenue growth, investors will also be monitoring policyholder retention and membership growth in the months ahead.

Nib is scheduled to release its half-year results on Monday, 23 February. The update will provide further detail on margins, claims trends, and management's outlook for the remainder of the year.

The post Why Nib shares are on the move after its latest update appeared first on The Motley Fool Australia.

At the time of writing, the NIB share price is up a modest 0.31% to $6.40. By comparison, the S&P/ASX 200 Index (ASX: XJO) is down 1.1% following losses on Wall Street overnight.

NIB has confirmed it has agreed to a transaction involving one of its business segments.

Here is what investors need to know.

Details of the agreed transaction

According to the ASX announcement, NIB has signed a binding agreement to sell the World Nomads international travel insurance brand.

The business will be sold to International Medical Group, a subsidiary of SiriusPoint Ltd, for $67.5 million.

The company expects net cash proceeds of around $70 million on completion.

The sale only includes the international World Nomads brand. It does not include NIB's other travel insurance assets or its Australian and New Zealand travel insurance operations.

The transaction is subject to regulatory approvals and is expected to be completed during the 2026 financial year. NIB will provide transitional support to ensure a smooth handover.

Management said the decision reflects its focus on simplifying the group and concentrating capital on its core health insurance businesses.

How the core business is tracking

NIB is a private health insurer operating across Australia and New Zealand. It provides private health cover for residents, international students and workers, as well as travel and related insurance products.

The group reported an underlying operating profit of $239.2 million in its most recent full-year result, with revenue of $3.6 billion. The majority of earnings come from its Australian residents health insurance segment.

Over the past 12 months, NIB shares have traded between $5.82 and $8.26. At around $6.40, the stock remains below its recent peak.

NIB also pays dividends. Based on the current share price, the stock offers a dividend yield of roughly 4.5%, which is broadly in line with other ASX-listed insurers.

What investors should focus on next

The sale of the international travel insurance business is relatively small compared with the size of NIB's overall operations. However, it signals a clear strategy to focus on core health insurance and reduce complexity.

Investors will likely watch how the company deploys the sale proceeds. This could include reinvestment into higher return areas of the business or potential capital management initiatives.

NIB is due to release its half-year results on 23 February, which may provide further details on trading conditions and capital allocation plans.

The post Why Nib shares are edging higher after today's update appeared first on The Motley Fool Australia.

Across the ASX, a group of well-known income stocks are trading well below their highs, not because their business models are broken, but because short-term conditions have turned against them. 

In many cases, their dividends are under pressure today. But that is exactly why I think the long-term opportunity looks so compelling.

When income stocks fall out of favour, investors often focus on what dividends look like right now. I prefer to think about what they could look like two or three years from now if conditions normalise.

Here are several ASX income stocks where I think patience could be rewarded with both dividend growth and capital upside.

Accent Group Ltd (ASX: AX1) and Super Retail Group Ltd (ASX: SUL)

Accent Group and Super Retail Group have both been hit hard by the same forces.

Soft consumer spending and aggressive discounting have weighed on earnings and margins. Unsurprisingly, that has flowed through to share prices and dividend expectations. Both stocks are trading well below their prior highs.

In my view, these pressures look cyclical rather than structural. Neither business has lost relevance. They have strong brand portfolios, national store networks, and proven operating models.

If consumer conditions improve over the next couple of years, I think there is scope for a meaningful recovery in profitability. That would likely support higher dividends in FY27 and FY28, alongside a rebound in share prices. Buying during periods of pessimism has historically been how the best income returns are generated.

Domino's Pizza Enterprises Ltd (ASX: DMP)

Domino's Pizza Enterprises is a different case, but the setup feels similar.

This ASX income stock has struggled with execution across several international markets, and that has weighed heavily on investor confidence. Store closures, cost pressures, and weaker sales growth have all played a role in pushing the share price lower.

Management believes its turnaround plan will reset the business. This includes cutting costs, simplifying operations, and exiting underperforming locations.

I don't think a recovery is guaranteed. But if the plan works even moderately well, Domino's could emerge leaner, more focused, and more profitable. From an income perspective, that creates optionality. Dividends today are not the attraction. The attraction is what they could look like if their earnings recover.

Treasury Wine Estates Ltd (ASX: TWE)

Treasury Wine Estates has been weighed down by soft demand for premium wine, particularly as cost-of-living pressures have altered consumer behaviour.

I think this is another example of a high-quality business caught in an unfavourable cycle. Demand for premium wine has not disappeared, but consumers have become more cautious with their spending.

If spending patterns normalise, this ASX income stock could see improving volumes and margins. That would support both earnings recovery and improved dividend capacity over time. Buying when sentiment is weak is uncomfortable, but it is often when long-term value is created.

Macquarie Group Ltd (ASX: MQG) and NIB Holdings Limited (ASX: NHF)

Not all income opportunities require a full turnaround.

Macquarie Group is down around 15% from its 52-week high. NIB Holdings is down roughly 19%. In both cases, these are established businesses with long operating histories and proven earnings power.

While near-term growth may be more muted, I think both companies remain capable of delivering attractive income and capital returns over a full cycle.

Why this could be a rare opportunity

Income investing works best when you buy before dividends recover, not after.

Just look at Qantas Airways Ltd (ASX: QAN). You could have bought its shares for $4.77 in October 2023. According to CommSec, the airline is forecast to pay a dividend of 42.9 cents per share in FY26. This means that investors who bought shares two and a bit years ago could receive a yield on cost of 9% in 2026.

Today's environment has created a gap between what dividends look like now and what they could look like if conditions improve. For patient investors willing to look beyond the next twelve months, that gap could represent a rare opportunity.

It won't work for every stock. Some turnarounds fail. But when income stocks recover, they often reward investors twice. Once through higher dividends, and again through rising share prices. That combination is how long-term wealth is built.

The post ASX income stocks: A once-in-a-decade chance to get rich appeared first on The Motley Fool Australia.

However, the share price has lost some momentum recently. Over the past month, NIB shares have slipped almost 4% and are currently trading around $6.69, suggesting some investors are taking profits after the recent run.

Let's take a closer look at what's driving the recent pullback.

A strong year, but momentum has cooled

Over the past year, NIB's share price has climbed from the mid $5 range to around current levels. That puts it comfortably ahead of the broader S&P/ASX 200 Index (ASX: XJO), helped by steady earnings and reliable dividends.

That said, the shares have struggled to push higher recently. The price peaked late last year at $8.26 before pulling back, and it is now trading closer to the lower end of its recent range.

The relative strength index (RSI) shows the stock was previously in overbought territory, meaning it had risen too quickly. When that happens, a pullback is common as some investors lock in profits and momentum cools.

What the chart is saying

NIB shares are currently sitting near the middle-to-lower end of their Bollinger Bands, which often signals reduced momentum.

There appears to be support around $6.60 to $6.65, where buyers have stepped in before. On the upside, resistance sits near $6.90 to $7.00, a level the stock has struggled to break through in recent months.

Strong dividend profile is still a highlight

One reason investors continue to hold NIB is income. The company offers a dividend yield of about 4.3%, which is fully franked.

NIB has a long history of paying steady dividends, and payouts have been well supported by earnings.

What's next on the financial calendar?

Investors should also keep an eye on several key dates in 2026:

• 23 February – FY26 half-year results

• 5 March – Interim dividend ex-dividend date

• 8 April – Interim dividend payment

• 24 August – FY26 full-year results

• 3 September – Final dividend ex-dividend date

• 7 October – Final dividend payment

• 11 November – Annual general meeting (AGM)

These events could move the share price, especially the upcoming February results.

Foolish Takeaway

NIB looks like a steady, reliable business rather than a high-growth stock. The shares have done well over the past year, but short-term momentum has eased.

For long-term investors chasing income and stability, NIB still makes sense. For short-term traders, patience may be needed until momentum improves again.

The post NIB share price up 22% in 12 months, but could face short-term weakness. Here's what investors should know appeared first on The Motley Fool Australia.

In Australia, retirement spending expectations are commonly broken into two broad categories: modest and comfortable.

These aren't marketing terms. They are practical benchmarks designed to show what different superannuation balances can realistically support in day-to-day life.

So, what does your superannuation actually buy you in retirement? Let's break it down.

What is a modest retirement?

A modest retirement is best described as a lifestyle that covers the basics, with a little left over for simple pleasures.

According to the Association of Superannuation Funds of Australia (ASFA), a modest retirement allows retirees to meet essential living costs. This includes housing-related expenses, groceries, utilities, transport, and basic health insurance. There is room for some leisure activities, but they tend to be low-cost and infrequent.

This might mean occasional meals out, limited domestic travel, and a fairly tight discretionary budget. Overseas holidays, frequent entertainment, and major lifestyle upgrades are generally off the table, unfortunately.

In today's dollars, ASFA estimates that both singles and couples need $100,000 in superannuation, combined with the Age Pension, to fund a modest retirement.

For many Australians, this level of retirement is achievable, but it often requires careful budgeting and reliance on the Age Pension as a core income source.

How much superannuation for a comfortable retirement?

A comfortable retirement paints a very different picture.

ASFA defines a comfortable retirement as one that enables retirees to enjoy a higher standard of living, not just get by. This includes good-quality private health insurance with Medibank Private Ltd (ASX: MPL) or NIB Holdings Limited (ASX: NHF), reliable transport, regular leisure activities, dining out, and the ability to travel both domestically and internationally with Qantas Airways Ltd (ASX: QAN) or Virgin Australia Holdings Ltd (ASX: VGN).

Importantly, it also allows retirees to absorb unexpected expenses without stress, whether that is medical costs, home maintenance, or helping family members.

To support this lifestyle, ASFA estimates that a single person needs around $595,000 in super, while a couple needs approximately $690,000 combined. This assumes they own their home outright.

At this level, superannuation becomes the primary income source, with the Age Pension playing a smaller or supplementary role.

Foolish takeaway

Your superannuation doesn't just fund retirement, it defines your options.

A modest retirement covers the essentials and relies heavily on the Age Pension. A comfortable retirement offers flexibility, security, and the freedom to enjoy life without constant budgeting.

Understanding the difference helps you set realistic goals, measure your progress, and decide whether you need to make changes now, while there is still time for compounding to do its work.

The post Modest vs comfortable retirement: What your superannuation really buys you appeared first on The Motley Fool Australia.

In morning trade, the private health insurer's shares are up almost 1% to $6.96.

What's going on with NIB shares today?

Investors have been buying the company's shares today after it released an update on its profit expectations.

According to the release, it expects to report non-recurring one-off items that will impact its statutory operating profit (SOP) but not its underlying operating profit (UOP).

The company advised that non-recurring cash expenses in first half are expected to be around $17 million, which is higher than previously indicated at its FY 2025 results briefing in August.

Its one-off and non-recurring expenses, including M&A and integration costs, were $21.5 million for the half. These expenses partly relate to a net cash expense (before tax) of approximately ~$8 million relating to historical adjustments for the Private Health Insurance Australian Government Rebate (AGR) and NSW Hospital Insurance Levy (HIL).

With respect to the AGR, NIB highlights that the Department of Health, Disability and Ageing has recently clarified that the AGR could not be claimed on some historical marketing offers and COVID customer givebacks. In response, NIB has amended its approach moving forward.

For HIL, as a result of recent legal determinations, NIB has confirmed that a different basis of calculation can be utilised for the HIL. This includes refunding some historically charged levies and providing some offset to the AGR impact. This approach has also been amended going forward.

Outside this, the company's non-recurring cash expenses include restructuring costs associated with the group-wide productivity program, as well as strategic initiatives such as the strategic review of NIB Travel, with an outcome expected in FY 2026.

What else?

NIB also revealed that a non-cash expense (before tax) of around $4.5 million is expected to be incurred in the first half. This is for the reduction in the value of redundant acquired software relating to acquisitions in NIB Thrive.

Management advised that this will be recognised in the amortisation of acquired intangibles.

Since 2022, the company has acquired six NDIS plan management businesses, a support coordination business, and an NDIS marketplace platform.

Over the last 12 months, it has consolidated the majority of these businesses onto a single technology platform to enhance automation, operating efficiency, and ongoing business model simplification.

Underlying profit on target

While we are not quite at the end of the half, management highlights that it is currently performing to expectations for group UOP during the first half. Though, it acknowledges that this is subject to the second quarter risk equalisation outcome.

The post NIB shares edge higher on profit update appeared first on The Motley Fool Australia.

What did NIB holdings report?

• Expected non-recurring cash expenses of around $17 million in 1H26, up from prior guidance
• Non-cash expense of about $4.5 million for redundant software amortisation
• FY25 one-off and non-recurring expenses totalled $21.5 million
• Underlying operating profit (UOP) remains on track with previous expectations
• Announcement of ongoing restructuring costs tied to productivity programs and strategic reviews

What else do investors need to know?

NIB attributed the higher one-off expenses mainly to historical adjustments on the Private Health Insurance Australian Government Rebate (AGR) and the NSW Hospital Insurance Levy (HIL). The company adjusted its claims and levy calculations following new clarification and legal decisions affecting the health insurance industry.

Additionally, a reduction in the value of previously acquired software—stemming from consolidation of NDIS-related businesses onto a unified technology platform—led to a one-off, non-cash hit to statutory profit. The group-wide productivity program and the ongoing strategic review of nib Travel will also contribute to non-recurring costs.

What's next for NIB holdings?

Looking ahead, NIB anticipates its 1H26 underlying operating profit will stay in line with market expectations, subject to outcomes from second quarter risk equalisation. The company is focusing on streamlining its technology and business models to drive efficiencies, including consolidating its NDIS businesses and continuing its review of the travel segment, with updates expected in FY26.

NIB is scheduled to release its full 1H26 results on 23 February 2026.

NIB holdings share price snapshot

Over the past 12 months, NIB Holdings shares have risen 27%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post NIB holdings updates investors on 1H26 one-off expenses and profit outlook appeared first on The Motley Fool Australia.

A scathing new report shows Australians are paying more for private health insurance policies but receiving fewer benefits.

The key benefits of private health insurance include help with costs, the ability to choose your doctor, shorter waiting periods for elective surgery, and a tax break for higher income earners, as having insurance means they don't have to pay the Medicare surcharge.

The Australian Medical Association (AMA) released its 2025 Private Health Insurance Report Card today.

The report shows consumers are feeling increasingly dissatisfied with the value for money they're getting while insurers post big profits.

For FY25, NIB reported higher revenue, lower underlying group profit, and higher net profit after tax (NPAT).

Revenue was $3.6 billion in FY25, up from $3.3 billion in FY24. Group underlying operating profit was $239.2 million, down from $257.5 million in FY24, and NPAT was $198.6 million, up 9.4% from $181.6 million in FY24.

What did the AMA say about private health insurance?

AMA President Dr Danielle McMullen said the report "reveals a system increasingly failing to deliver value for money".

Dr McMullen said:

Premiums have risen sharply, outpacing inflation, wage growth, and Medicare indexation — while coverage has narrowed.

Sixty-eight per cent of hospital policies now contain exclusions, meaning many Australians are paying more, but are covered for less.

The report found that Australian consumers were dropping gold level policies in favour of cheaper silver and bronze packages.

Since March 2020, the number of gold health insurance policies has fallen by 360,000 while the overall number of policies has risen 640,000.

Dr McMullen commented:

The tiered product system introduced in 2020 — basic, bronze, silver, and gold — was designed to simplify choices but has instead created confusion and contributed to underinsurance.

Gold-tier policies, which provide the most comprehensive coverage, are particularly susceptible to phoenixing — a term used when insurers close an existing policy and replace it with a nearly identical one at a higher price — a practice that has become increasingly common.

Key dates for NIB shares investors in 2026

Looking ahead to 2026, here are the important dates for NIB shares investors to note.

NIB will announce its FY26 half-year results and interim dividend on 23 February.

The ex-dividend date for the interim NIB dividend will be 5 March.

If you'd like NIB to use your dividends to reinvest in more shares, you'll need to enrol in the dividend reinvestment plan (DRP) by 9 March.

NIB shareholders will receive their dividends on 8 April.

The private health insurer will announce its FY26 full-year results and final dividend on 24 August.

The ex-dividend date for the final NIB dividend will be 3 September.

The DRP deadline will be 7 September.

NIB will pay its shareholders on 7 October.

The insurer will hold its annual general meeting on 11 November.

The post Own NIB shares? Here are the key dates for 2026 appeared first on The Motley Fool Australia.

The company is a health and medical insurance provider and has seen its share price rise by more than 30% in 2025. 

However, a new report from Macquarie suggests NIB shares may now be overvalued. 

Here's what the broker had to say. 

Competitive market

In today's report from the broker, it said competitive tension caused by the proliferation of front-end technology services is making the Australian travel insurance market less profitable.

According to Macquarie, in the last two years, front-end technology offerings have been supporting the broadening of competition across the Australian travel insurance market. 

This has added to the popularity of the aggregator channel which in turn has caused premium rates to contract. This is expected to continue over the near term.

The broker has an underperform rating on NIB shares. 

With multiple divisions experiencing operational and environmental headwinds, we retain our cautious outlook on the stock.

Any takers for NIB travel insurance?

NHF's Travel business had Net Assets of $120.9m at Jun '25. 

Within this was $107.8m of Intangible Assets (despite ~$28.6m of write-downs since COVID-19) and only $0.1m of PPE and $0.2m of Right of Use Assets

This means it owns very few physical assets – its value lies mostly in intangible assets (like brand names, software, or goodwill) rather than physical infrastructure.

Macquarie estimates that NIB Holdings travel insurance business could be worth $90-$100 million. 

However the potential pool of acquirers is extremely small. 

The competition is plentiful but we believe the list of potential acquirers is fairly short. The successful party will likely have an existing position in Australia to get the local synergies, brands across distribution channels other than Direct to avoid cannibalisation, and an international solution for both distribution and underwriting capacity.

The broker believes that the estimated value of the business is almost half what investors are expecting. This suggests the market may be overestimating its worth, given competitive headwinds and limited strategic fit for most acquirers.

Price target downside

Based on this guidance, Macquarie has an underperform rating and price target of $5.60. 

Based on today's NIB share price of $7.38, this indicates a downside of 24.12%. 

The post Does Macquarie rate NIB shares a buy, hold or sell? appeared first on The Motley Fool Australia.

This period provides shareholders with an opportunity to hear from management and assess how the business is performing.

The majority of S&P/ASX All Ordinaries Index (ASX: XJO) companies will hold their annual general meetings (AGM) in October and November. 

Yesterday, we heard from Transurban Group Ltd (ASX: TCL). REA Group Ltd (ASX: REA) is set to hold its AGM today. 

Other notable upcoming AGMs include Commonwealth Bank of Australia (ASX: CBA) on 15 October, BHP Group Ltd (ASX: BHP) on 23 October, CSL Ltd (ASX: CSL) on 28 October, Woolworths Group Ltd (ASX: WOW) on 30 October, and Coles Group Ltd (ASX: COL) on 11 November. 

Earlier this week, I revealed 5 companies that Macquarie Group Ltd (ASX: MQG) expects to deliver the most positive earnings surprises during earnings season, as covered in the broker's 1 October research note, Stocks to buy & sell for 2025 AGM season. These results were based on the views of Macquarie analysts who were polled. 

These were Aussie Broadband Ltd (ASX: ABB), Stockland Corporation Ltd (ASX: SGP), Australian Finance Group Ltd (ASX: AFG), JB Hi-Fi Ltd (ASX: JBH), and Downer EDI Ltd (ASX: DOW). 

In the same report, Macquarie also named 3 ASX All Ords stocks that it expects to deliver the most negative earnings surprises. Let's find out which three were named.

Treasury Wine Estates Ltd (ASX: TWE)

Treasury Wine Estates was the first stock named. 

The company's shares have fallen nearly 40% for the year to date, and are now trading close to their 52-week low of $6.73.

Macquarie has a neutral rating and price target of $8.00 on Treasury Wine Estates shares.

Treasury Wine will hold its AGM on 16 October.

NIB Holdings Ltd (ASX: NHF)

The ASX All Ords stock, which Macquarie analysts named as most likely to deliver negative AGM news, was NIB Holdings. 

NIB shares have surged more than 36% for the year to date. 

Last month, it hit a new all-time high of $8.26.

Macquarie has an underperform rating and price target of $5.60 on NIB shares. 

NIB will hold its AGM on 6 November.

Wisetech Global (ASX: WTC)

The final ASX All Ords stock named by Macquarie analysts was Wisetech Global. 

Wisetech Global shares have had an especially volatile year to date, declining more than 30% over the period. 

Macquarie currently has a neutral rating and price target of $108.50 on Wisetech shares. 

Wisetech will hold its AGM on 21 November.

The post Macquarie names 3 ASX All Ords stocks to deliver the most negative earnings surprises during AGM season appeared first on The Motley Fool Australia.

These are of course industry leaders Medibank Private Ltd (ASX: MPL) and NIB Holdings Limited (ASX: NHF).

But which one is the better option? Let's see what analysts at Macquarie Group Ltd (ASX: MQG) are saying about these blue chips.

What is the broker saying?

Macquarie highlights that there has been increased promotional activity in the industry recently, with providers offering "free weeks." It said:

Industry feedback anticipates a higher level of [promotional] activity holding for the next ~12 months given the strong Gross Margins achieved in 2H25. To analyse the competitive landscape and evaluate the ability of listed insurers to meet their FY26 policyholder growth targets, we update our promotional activity tracker for 34 brands (in the direct channel).

Sep '25 findings: The number of insurers offering promotions increased over the last month. Of the listed funds, the AHM and nib brands decreased the number of free weeks offered while the Medibank brand increased its free weeks offering. 6 brands are offering promotions well into Nov '25.

The broker sees some risks to Medibank and NIB's earnings if the promotions limit policyholder growth and increase customer acquisition costs. It adds:

Should the industry grow at a rate slower than the 2.2% recorded in FY25, the persistent competitive environment is likely to keep customer acquisition costs elevated. This could also affect management performance metrics, especially MPL's targets of increasing market share by 25-75 basis points from FY24 to FY27. For MPL, a 0.25% change in policyholder growth corresponds to ~0.3% change in EPS, and ~0.6% for NHF.

Medibank or NIB shares?

As you might have guessed from the above, Macquarie isn't overly enthused with either option right now.

However, it rates only one of them as a sell. That is NIB shares, which it has an underperform rating and lowly $5.60 price target on. This implies potential downside of 25% from current levels.

For Medibank shares, the broker has a neutral rating and $4.70 price target on them. This is a touch lower than where its shares are currently trading.

Commenting on both ASX shares, the broker said:

Conclusion: On a 12-month view, underlying indexation and volume trends are clearly deteriorating underscoring our long-standing negative outlook on the sector. We maintain our Neutral recommendation on MPL-AU and Underperform on NHF-AU.

The post Does Macquarie prefer Medibank Private or NIB shares? appeared first on The Motley Fool Australia.

That's why many investors turn to dividends: cash paid directly into their accounts, often accompanied by valuable franking credits. 

The key is finding businesses with stable earnings, sustainable payout ratios, and room to grow distributions over time. Here are three ASX dividend shares that tick those boxes.

Charter Hall Social Infrastructure REIT (ASX: CQE)

Charter Hall Social Infrastructure REIT owns and manages a portfolio of social infrastructure assets, with a particular focus on childcare centres, healthcare, and education facilities. These long-leased properties deliver stable rental income, with a weighted average lease expiry close to 12 years and occupancy at 100%.

That consistency flows directly into distributions. In FY25, CQE met guidance of 15.2 cents per unit in distributions, equating to a yield of around 4.83% at today's prices. With potential Reserve Bank rate cuts expected to lower debt costs and support property valuations, REITs like CQE could be positioned to maintain and potentially grow their payouts.

For income investors, the attraction lies in CQE's long-term leases, predictable cash flows, and exposure to critical services like childcare and healthcare.

Fiducian Group Ltd (ASX: FID)

Fiducian is a founder-led financial services group with operations spanning financial advice, platform administration, and funds management. Executive Chairman Indy Singh still owns more than one-third of the company, ensuring strong alignment with shareholders.

The company has a long-term track record of consistent growth. In FY25, Fiducian delivered 15% revenue growth and 26% profit growth, translating to a 27% lift in earnings per share. Importantly for dividend investors, the company has grown its dividend by 18% in the past year, with a current trailing yield of 4.7% (fully franked).

A solid balance sheet, free from bank debt, adds to its appeal. Fiducian has managed to steadily grow both profits and dividends while maintaining conservative management, making it a compelling income stock with room for further growth.

NIB Holdings Ltd (ASX: NHF)

NIB is one of Australia's largest private health insurers, covering more than a million people across Australia and New Zealand. While earnings have recently been pressured by rising claims costs, the company is actively adjusting premiums and expanding its reach into new areas like NDIS plan management and preventative health services.

In FY25, NIB declared a fully franked final dividend of 16 cents per share, taking the full-year payout to 29 cents. At current prices, that represents a yield of around 3.9%. While not the highest yield on the market, the dividend is supported by a strong balance sheet and the potential for future growth as NIB leverages its scale and health ecosystem strategy.

Foolish Takeaway

Income investors don't just want cash today, they want confidence it will still be there tomorrow, and hopefully a little more. Whether it's CQE's stable rental streams, Fiducian's founder-led discipline, or NIB's scale in health insurance, each of these companies offers a different path to dependable dividends. 

That variety is valuable. 

It shows that quality income can come from property, finance or healthcare, giving investors the opportunity to build a diversified and resilient dividend portfolio.

The post Cash in the hand: 3 ASX dividend shares to know about appeared first on The Motley Fool Australia.

Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling:

Catalyst Metals Ltd (ASX: CYL)

The Catalyst Metals share price is down 8.5% to $7.44. This appears to have been caused by a combination of weakness in the gold sector and the release of a broker note out of Morgans. In respect to the latter, the broker has downgraded Catalyst Metals shares to an accumulate rating (from buy) but with an improved price target of $9.26. The broker is a big fan of the gold miner but made the move on valuation grounds.

Lotus Resources Ltd (ASX: LOT)

The Lotus Resources share price is down 20% to 18 cents. This morning, this uranium producer announced that it has successfully completed its bookbuild for a non-underwritten placement to raise approximately A$65 million/US$42 million before costs. Management advised that the placement was undertaken to further strengthen working capital for its recently restarted Kayelekera Uranium Project in Malawi and the advance development of its Letlhakane Project in Botswana. These funds were raised at a discount of 19 cents per new share. Lotus CEO Greg Bittar commented: "After achieving first production at Kayelekera on budget and on schedule in Q3, we now look to ramp up operations to steady-state production. At the same time, we are investing in value enhancing initiatives such as the electricity grid connection, the accelerated build of the tailings storage facility and the owner operated mining fleet."

NIB Holdings Limited (ASX: NHF)

The NIB share price is down over 2% to $7.29. The catalyst for this has been the health insurer's shares going ex-dividend this morning for its latest payout. Last month, the company released its full year results for FY 2025 and declared a fully franked final dividend of 16 cents per share. This will now be paid to eligible shareholders next month on 7 October.

Woodside Energy Group Ltd (ASX: WDS)

The Woodside Energy share price is down almost 2% to $25.46. This appears to have been driven by a pullback in oil prices overnight. Traders were selling oil amid reports that OPEC could be looking to increase its production again, which would boost supply and potential weigh on oil prices in the near term.

The post Why Catalyst Metals, Lotus Resources, NIB, and Woodside shares are dropping today appeared first on The Motley Fool Australia.

Will the market be able to bounce back from this on Thursday? Here are five things to watch:

ASX 200 expected to rebound

The Australian share market looks set to rebound on Thursday following a better night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 39 points or 0.45% higher this morning. In the United States, the Dow Jones was down slightly, the S&P 500 rose 0.5%, and the Nasdaq stormed 1% higher.

Oil prices tumble

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a tough session on Thursday after oil prices tumbled overnight. According to Bloomberg, the WTI crude oil price is down 2.5% to US$63.93 a barrel and the Brent crude oil price is down 2.3% to US$67.55 a barrel. Traders were selling oil amid reports that OPEC is considering another output hike.

BHP shares go ex-dividend

BHP Group Ltd (ASX: BHP) shares will be going ex-dividend this morning and could trade lower. Last month, the mining giant released its FY 2025 results and declared a fully franked final dividend of US$0.60 per share. This will be paid to eligible shareholders later this month on 25 September. Also going ex-dividend today are Amcor (ASX: AMC) and NIB Holdings Limited (ASX: NHF)

Gold price rises again

It could be another decent session for ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) on Thursday after the gold price stormed higher again overnight. According to CNBC, the gold futures price is up 0.8% to US$3,620.3 an ounce. This was driven by increased demand for safe haven assets.

TechnologyOne shares upgraded

TechnologyOne Ltd (ASX: TNE) shares will be on watch today after Bell Potter upgraded them following recent weakness. According to the note, the broker has upgraded the enterprise software company's shares to a hold rating (from sell) with an unchanged price target of $35.75. Bell Potter commented: "In our view the risk to the upgrade is more at a market level where, as we have seen this week, tech stocks are sold off due to uncertainty or "risk off" and an increase in bond yields. At a stock specific level we do not see much risk of any disappointment or negative catalyst and, as mentioned, we already expect the company to exceed its guidance when it reports in November. There is, however, some risk perhaps that the market already expects a beat so there is not much if any upside surprise."

The post 5 things to watch on the ASX 200 on Thursday appeared first on The Motley Fool Australia.