Author: openjargon

Australians aged 67 years or older are eligible for a fortnightly Age Pension payment to help fund basic living expenses in retirement.

The Age Pension, which is paid by Centrelink, is an important safety net that ensures that older Australians are able to meet basic living requirements, regardless of the amount of savings, income, assets, or superannuation they own.

The catch is that it isn’t available to everyone. Your eligibility is subject to several key criteria, including your age, residency, and an income and asset test.

The problem is that while many understand that their income could affect the payment they receive, many overlook asset limits.

Here’s a breakdown of everything you need to know about the Age Pension and the asset test.

The maximum Age Pension payment

The Age Pension is paid on a fortnightly basis up to a maximum total payment of $1,200.90 per fortnight for singles and $1,810.40 for couples combined. 

These sums include the maximum basic rate, the maximum pension supplement, and the energy supplement.

As I mentioned above, the final amount you’ll receive (if anything) is heavily dependent on Centerlink’s income and asset test. 

What is the Age Pension asset test?

Then an asset test includes any stocks, like S&P/ASX 200 Index (ASX: XJO) shares, property, or possessions you own in full, in part, or have an interest in. This includes assets held outside Australia and any debts owed to you. It generally excludes the home you live in.

Note, however, that Centrelink assesses you under both tests and applies what it calls the ‘lower rule of two’. 

This means your potential fortnightly Age Pension is calculated under both tests. The one that results in the lower payment is the amount you will actually receive.

What are the asset test limits?

In order to receive the full Age Pension, single homeowners can own assets (including superannuation) up to a value of $333,000. For single non-homeowners, this will be up to $600,000 in retirement.

But a couple has a different threshold, and it’s not double the amount of one person. From the 1st of July, a couple combined can own up to $499,000 in total if they own a property, or $766,000 if they don’t.

How are assets calculated?

In order to determine how much income you make from your assets, Centrelink uses a deeming rule. 

Deeming assumes your financial assets earn a fixed, set rate of income, regardless of what they actually earn.

This assumed income is then added to your other income to determine your Age Pension rate.

For single Australians, the first $66,800 of their financial assets has a deemed rate of 1.25%. Everything over that is deemed to earn 3.25% interest.

Couples will have a 1.25% deeming rate on their first $110,600 of combined financial assets (this includes superannuation). Anything over $110,600 is deemed to earn 3.25%.

What if I own over that threshold?

If your assets are over the limit explained above, it’s still possible to receive a part Age Pension payment

From the 1st of July, the cut-off point for single homeowners is $733,500, and $1,000,500 if you’re single and a non-homeowner. If your assets come in above the initial limits but below these thresholds, you’re still entitled to some level of payment.

Couples are also entitled to a part-payment, so long as their combined assets don’t exceed $1,102,500 for homeowners. Non-homeowners can own assets totalling up to a limit of $1,369,500.

The post What assets can I own in retirement and still qualify for the Centrelink Age Pension? appeared first on The Motley Fool Australia.

More reading

• ASX 200 slips again: Why the market can’t follow Wall Street higher
• Here’s what brokers tip for NAB shares over the next 12 months
• Why are PLS shares still falling? Here’s what’s behind the sell-off
• Why this beaten-down ASX media stock is rising today
• WiseTech shares surge 10% as Richard White steps back from chair role

Motley Fool contributor Samantha Menzies 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.

National Australia Bank Ltd (ASX: NAB) shares are in the green again in Tuesday lunchtime trade.

At the time of writing, the ASX bank stock is up around 0.5% to $38.83 a piece.

Today’s increase means NAB shares have now recovered around 9% since they dropped to a 52-week low in early June.

For the year to date, NAB shares are still down around 8% and are around 1% below the levels seen this time last year.

What happened to NAB shares?

NAB shares rallied strongly to a record high of around $49.10 in late February this year. 

The increase was mainly driven by the bank’s strong earnings results, expectations of lower interest rates, and investor appetite for high-yield bank stocks.

But as quickly as NAB shares stormed higher, they softened again. By early June, the shares had shed around 27% of their value and slumped to an annual low of $35.86.

The sell-off followed concerns that major banks, including NAB, were overvalued after a strong rally. 

Meanwhile, intense mortgage competition has put pressure on the bank’s profit margins and raised concerns about future earnings.

The share price has rebounded slightly since the dip, most likely reflecting slightly improved market sentiment. However, many experts are still cautious.

Which leads to the question, what’s next?

Are the ASX 200 banking giant’s shares a buy, sell, or hold over the next 12 months?

Market Index data shows that brokers are divided about NAB shares, but the majority rate the bank stock as a hold. The average target price of $39.17 implies a potential 1% upside ahead.

Sentiment is similar on TradingView. Data shows that the majority (eight out of 16 analysts) have a hold rating on the shares. Another five rate NAB shares as a sell or strong sell, and the remaining analysts rate the stock as a buy.

But the average $37.78 target price implies a potential 3% downside ahead, at the time of writing. 

The range is huge, though. The maximum $47.50 target price implies a potential 22% upside ahead. But others think NAB shares could crash 25% to just $29 each.

Fairmont Equities’ Michael Gable said he is concerned about the outlook for NAB shares in FY27. He pointed to margin pressure, credit risk, and questions around the bank’s competitive advantage. He has a sell rating on the shares and said the stock is exposed to downside risk. 

Mark Gardner from MPC Markets said his team is bearish on NAB shares. He said they believe the bank’s near-term earnings outlook is under pressure. The broker recently said that while its dividend remains attractive, valuation support is less convincing if earnings momentum continues softening. Gardner has a sell recommendation.

Catapult Wealth’s Dylan Evans also has a sell recommendation on NAB shares. He said that changes announced in the Federal Budget, coupled with households pressured by rising interest rates, could create new headwinds for the bank.

The post Here’s what brokers tip for NAB shares over the next 12 months appeared first on The Motley Fool Australia.

More reading

• ASX 200 slips again: Why the market can’t follow Wall Street higher
• ASX financials went from the best sector in FY25 to negative growth in FY26. Here’s what changed
• Better buy? NAB vs Westpac shares
• A leading analyst is forecasting growing headwinds for NAB shares. Should investors be worried?
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Samantha Menzies 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.

PLS Group Ltd (ASX: PLS) shares remained under pressure on Tuesday, falling 5.6% to $4.85 during afternoon trade.

The latest decline extends a difficult run for the lithium giant, with the stock now down around 18% over the past month.

That pullback looks painful, but it also needs some perspective. PLS shares are still up around 18% in 2026 and an extraordinary 226% over the past 12 months after emerging as one of the ASX’s standout performers during FY26.

So, why are investors suddenly hitting the sell button?

A victim of its own success

PLS was one of the biggest winners during the lithium rally, making today’s weakness partly a case of profit-taking after an exceptional run.

The company is widely regarded as the highest-beta lithium stock on the ASX. When lithium prices rally, PLS shares often outperform the broader sector thanks to its size, production scale and operating leverage.

Unfortunately, the opposite is also true. When lithium prices soften, PLS tends to fall harder than its peers as investors reduce exposure to the sector’s market leader.

That appears to be exactly what’s happening now.

Lithium prices lose momentum

Another factor weighing on sentiment is the recent weakness in China’s lithium market. Chinese lithium carbonate futures declined again overnight, extending the pullback that began in late June following a powerful rally earlier this year.

The correction appears to be driven largely by profit-taking, with traders questioning whether lithium prices had risen too far, too quickly relative to underlying market fundamentals.

Because lithium prices remain one of the biggest drivers of earnings expectations across the sector, weaker futures have flowed through to ASX-listed lithium producers, including PLS.

Underlying business remains strong

Importantly, the recent share price weakness doesn’t reflect a deterioration in PLS’s underlying business. The company’s impressive first-half FY26 result highlighted just how much its financial performance has improved.

Revenue climbed 47% to $624 million, supported by both stronger lithium prices and higher sales volumes. Underlying EBITDA surged 241% to $253 million, while EBITDA margins expanded from 17% to an impressive 41%.

Those results demonstrate the operating leverage within the business. As lithium prices improve, PLS can translate higher revenue into significantly faster earnings growth.

Its flagship Pilgangoora operation also remains one of the world’s largest hard-rock lithium mines, giving the company significant scale advantages and a competitive cost position.

What’s next for PLS shares?

The next major catalyst will be the company’s second-half FY26 results, due on 31 August. Investors will be watching closely for updates on production and shipment volumes, operating costs and management’s outlook for lithium demand and pricing.

Progress on the P2000 expansion project will also be closely scrutinised, with investors in PLS shares eager to understand how the company plans to increase production while maintaining its cost advantage.

Foolish takeaway

PLS shares have lost momentum over the past month, but much of the weakness appears linked to softer lithium prices and investors taking profits after one of the strongest rallies on the ASX.

The company’s fundamentals remain solid, supported by strong earnings growth, expanding margins and one of the world’s premier lithium assets.

However, until commodity markets regain momentum, investors should expect volatility to remain part of the ride.

The post Why are PLS shares still falling? Here’s what’s behind the sell-off appeared first on The Motley Fool Australia.

More reading

• 13 ASX 200 shares that doubled in value in FY26
• Sell alert! Why these experts are calling time on Endeavour and PLS shares
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• Why did ASX 200 lithium stocks like PLS, Liontown and Mineral Resources shares get smashed in June?
• 5 best ASX 200 mining shares of FY26

Motley Fool contributor Marc Van Dinther 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.

Nine Entertainment Co Holdings Ltd (ASX: NEC) shares are pushing higher on Tuesday after the media company gave investors something new to weigh up.

At the time of writing, the Nine share price is up 1.87% to 92.7 cents.

It is only a modest gain, but shareholders will take it. Nine shares are still down 17% since the start of 2026 and 43% over the past year.

Here’s what the company announced.

NRL rights locked in

According to the release, Nine has signed an agreement for NRL and NRLW broadcast rights from 2028 through to the 2034 seasons.

Under the agreement, Channel 9 and 9Now will keep their current NRL coverage. That includes 3 live NRL games each week, the Finals Series, and Test matches played in Australia.

The NRL Grand Final and State of Origin will continue to be shown exclusively on Channel 9 and 9Now.

Nine has also secured exclusive free-to-air and free streaming rights to 33 live NRLW games, the NRLW finals, and Women’s State of Origin.

What Nine is paying

Nine said the annual cost will be $145 million in cash. This will be partly offset by $10 million in committed annual NRL advertising and other services, as well as $15 million each year in contra.

Live sport remains one of the few things that can still pull big audiences at the same time. Rugby league is also a major part of Nine’s broadcast schedule.

The company said men’s streaming and broadcast audiences have increased across all formats. Rugby league also delivered double-digit revenue growth for Nine in the 2025 season compared with 2024.

Why are Nine shares only up a little?

The Nine share price gain isn’t huge, and that probably comes down to the cost of the deal.

Investors knew Nine was chasing the NRL rights, so the agreement itself is not a major surprise. The bigger question is how much value Nine can pull from the content over the life of the deal.

That leaves the focus on what Nine can do with the rights from here.

Advertising conditions are still uneven, and Nine will need rugby league to keep driving audiences, revenue growth, and 9Now engagement to make the extra spend worthwhile.

Can Nine shares recover?

The deal doesn’t solve all of Nine’s problems, but it does take a big risk off the table.

Losing rugby league would have been a bad result. It is a major part of Nine’s free-to-air and streaming schedule, and still one of the better ways to bring in big live audiences.

Nine now has the rights locked in through to 2034, across both the men’s and women’s competitions. That should help 9Now, the broadcast business, and the way Nine sells advertising around its sports coverage.

Nonetheless, after a 43% fall over the past year, the share price still has plenty of work to do. But this is one less thing investors have to worry about.

The post Why this beaten-down ASX media stock is rising today appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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 Nine Entertainment. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

WiseTech Global Ltd (ASX: WTC) shares are continuing their impressive run on Tuesday.

At the time of writing, the ASX 200 tech stock is up 10.43% to $39.06. By comparison, the S&P/ASX 200 Index (ASX: XJO) is relatively flat at 8,833 points.

WiseTech shares have now climbed 15% over the past week, although they remain down 43% since the start of 2026.

After such a heavy fall this year, the latest gain suggests investors are responding to signs of progress.

So, what did WiseTech announce?

Richard White hands over the chair role

According to the release, Raelene Murphy has been appointed Independent Chair with immediate effect.

Murphy only joined the WiseTech board at the start of this year, but has already been moved into a bigger role. She became lead Independent Director in May and is now taking over the chair position.

However, White isn’t stepping away from the company. He will remain on the board as an Executive Director and continue as Chief Innovation Officer.

This means he will still be involved in the parts of WiseTech that investors probably care about most, including product, technology, and growth.

White said recent personal media attention had become an unnecessary distraction from the strength of the business. He also repeated that he denies the recent allegations reported in the media.

Board renewal continues

In addition, WiseTech advised that it isn’t finished with the board changes just yet.

The company said it is still searching for another independent non-Executive Director.

Since March 2025, Chris Charlton, Sandra Hook, Rob Castaneda, and Murphy have all been appointed as independent non-Executive Directors.

Once the next appointment is made, WiseTech will have a total of 5 Independent Directors on its board.

That should help answer some of the governance concerns that have followed the company over the past year.

WiseTech also pointed to Zubin Appoo’s appointment as CEO in July 2025 as part of its wider succession planning.

The board commented:

Appoo has demonstrated strong leadership since taking on the CEO role, and said it is comfortable with the progress of its executive succession plan.

The business is still growing

Away from the board headlines, WiseTech is still a major global software business.

The company provides software for the logistics, global trade, and supply chain industries. It serves more than 22,000 logistics companies and other industry participants across 193 countries.

And its latest half-year result also showed why investors haven’t completely given up on the stock.

In 1H26, revenue increased 76% to US$672 million, helped by e2open and growth in CargoWise. EBITDA rose 31% to US$252.1 million, although statutory net profit fell 36% to US$68.1 million.

Despite the mixed results, WiseTech is a growing business.

Keep in mind, the underlying business has not changed. If anything, investors now have a better reason to focus on the growth still coming through.

The post WiseTech shares surge 10% as Richard White steps back from chair role appeared first on The Motley Fool Australia.

More reading

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• How to tell if an ASX share is cheap or a value trap
• Here are the top 10 ASX 200 shares today
• Down 35%+, should you buy Zip and WiseTech shares?
• Can WiseTech shares double from here? Analysts are betting yes

Motley Fool contributor Aaron Teboneras 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 WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Commonwealth Bank of Australia (ASX: CBA) shares have been fairly resilient so far this year. 

At the time of writing, the ASX bank stock is down slightly, around 0.1%, to $164.57 a piece. For the year to date, however, the shares are still around 2% higher.

CBA shares rocked higher in mid-February after the bank posted an unexpectedly-positive half-year FY26 result. The bank shares were relatively unchanged over the next few months, even in the face of higher inflation and headwinds flowing out from volatility in the Middle East. 

But then, in early-May, CBA shares tanked following a disappointing third-quarter capital update. Investors were spooked by the results at the time and rushed to sell up their shares.

The downturn was short lived though. CBA shares rebounded by the end of May and have stayed relatively consistent since.

It’s clear that CBA shares are still in favour. It’s likely CBA’s safe-haven appeal that continues to appeal to investors. In times of market chaos, investors typically flock to well-known and large-scale stocks.

The problem is that CBA shares have been widely considered overvalued for some time now. CBA is currently trading at a price-to-earnings (P/E) ratio over 26, making it one of the most expensive banking stocks globally. The bumper price tag isn’t supported by the bank’s core strength or earnings either.

Brokers are bearish, with some expecting CBA shares to fall to just $90 a piece over the next 12 months. 

I wouldn’t add CBA shares to my portfolio right now. But the good news is that there are two other ASX bank shares tipped to outperform this year.

I’d buy these ASX bank stocks instead

Analysts expect all the big four banks’ shares, and some mid-tier bank stocks, to decline throughout the second half 2026. 

Data shows that experts think CBA shares carry the most downside risk, with a downside of up to 45% at the time of writing, to $90 each.

But there are two ASX bank shares tipped to travel in the opposite direction this year.

Macquarie Group Ltd (ASX: MQG) is the only S&P/ASX 200 Index (ASX: XJO) bank share that brokers think can keep climbing higher over the next 12 months. Market Index data shows the majority of brokers have a buy rating on Macquarie shares. The $253.54 average target price implies a potential 1% upside, at the time of writing.

And then there is Judo Capital Holdings Ltd (ASX: JDO). Brokers are very bullish on the outlook for Judo Bank shares, with the majority holding a buy rating, according to Market Index data. The average $1.60 target price currently implies an impressive 80% potential upside ahead over the next 12 months.

What sets Macquarie and Judo Bank apart from the rest?

Macquarie is the fifth-largest ASX 200 bank by market capitalisation, and it is incredibly diversified. The bank does more than just banking; it also provides financial, advisory, investment, and fund management services across 34 markets globally. 

That means it has exposure to commodities trading, infrastructure deals, asset management, and capital markets across multiple regions.

Unlike CBA, Macquarie isn’t reliant on lending margins. Its diversity also means that it can remain stable, or even benefit, when markets are going through periods of volatility.

Meanwhile, Judo Bank works differently to its peers. Unlike many other banks in the sector, Judo Bank was built to focus on providing financial services and lending to small and medium enterprises (SMEs). These SMEs have annual turnovers of up to $100 million.

The bank was founded in 2016 and received its banking license in 2019. That means it’s relatively new in comparison to the majors. It was listed on the ASX in 2021.

The bank provides business lending starting at $250,000 and touts itself as providing more flexibility than major banks. It also offers personal term deposit products and home loans.

The post Forget CBA shares, I’d buy these ASX bank stocks instead appeared first on The Motley Fool Australia.

More reading

• How should I invest my money in FY27?
• ASX financials went from the best sector in FY25 to negative growth in FY26. Here’s what changed
• 5 of the best investments on the ASX right now to complement your superannuation
• Judo Bank shares rise despite Morgan Stanley price target cut
• Owned CBA shares for 10 years? Here’s how much money you’ve made

Motley Fool contributor Samantha Menzies 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.

It has been a big few weeks for A2 Milk Company Ltd (ASX: A2M) shares, and Tuesday is bringing more good news for investors.

At the time of writing, the A2 Milk share price is up 3.63% to $7.99.

That means the ASX infant formula stock is now up 54% over the past month.

The latest move comes after the company provided investors with an update on its China supply issues, along with better-than-expected preliminary FY26 results.

So, what changed today?

China supply issues ease

According to the release, A2 Milk said the supply chain problems that hit its China label infant milk formula business have now been mostly sorted out.

The issue came through in the fourth quarter, when the company struggled to keep enough product available.

A2 Milk said this was caused by a few things, including strong demand in the previous quarter, freight challenges, production backlogs, longer release times, and extra customs clearance requirements.

As a result, some customers moved to other brands. Others switched across to A2 Milk’s English label products.

However, things now look to be improving.

The company said product flows to distributors and retailers have materially improved across both its China label and English label products, with stock levels returning to target.

A2 Milk is now trying to win back previous China label users, while also speeding up new customer recruitment with its retail and distribution partners.

Full-year result holds up

The preliminary FY26 result also gave the market something to work with.

A2 Milk expects revenue of approximately NZ$1.97 billion, up more than 12% on FY25. That is slightly ahead of the guidance it gave in April, which was for low to mid-double-digit growth.

The company also expects its EBITDA margin to land at the high end of its 14% to 14.5% guidance range.

Reported net profit after tax (NPAT) is tipped to be slightly higher than FY25, while cash conversion is expected to be around 70%. That’s well ahead of the 50% cash conversion guidance given in April.

There was also decent growth outside the China label business. A2 Milk said English label infant formula, Other Nutritionals, and Liquid Milk all performed well and finished significantly higher than FY25.

Can the rally keep going?

A2 Milk has had plenty go its way over the past few weeks.

Last month, it received approval from China’s State Administration for Market Regulation to transition its China label infant formula product registrations to a2 branded products.

It also declared a NZ$300 million special dividend, equal to 41.362 cents per share. That dividend is due to trade ex-dividend on 8 July.

After a 54% gain in a month, A2 Milk is no longer flying under the radar.

The next major test will be the company’s audited FY26 result and FY27 outlook commentary on 17 August.

The post A2 Milk shares jump again as China worries start to ease appeared first on The Motley Fool Australia.

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• A2 Milk shares jump amid $300 million special dividend
• A2 Milk declares $300 million special dividend after securing China approval

Motley Fool contributor Aaron Teboneras 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.

 

S&P/ASX 200 Index (ASX: XJO) shares rose by 2.77% and provided total gross returns (including dividends) of 7% in FY26.

Thirteen ASX 200 shares doubled in value — or better — over the 12 months.

Three of them were ASX 200 gold miners, which benefited from an 18% rise in the gold price last year.

Four were lithium miners, which generated turbocharged earnings amid a 278% lift in the spodumene price and a 160% rise in the carbonate price over FY26.

While healthcare was the worst-performing sector, the ASX 200’s fastest rising stock came from it and blasted 1,786% higher!

Let’s check out this group of ASX 200 double baggers for FY26.

Double-baggers of FY26

1. 4DMedical Ltd (ASX: 4DX)

This ASX healthcare share skyrocketed 1,786% in FY26 to close out the year at $4.53.

The respiratory imaging technology company gained US Food and Drug Administration (FDA) approval for its CT:VQ product in September 2025.

CT:VQ has since been deployed at several well-known academic hospitals and clinics.

One broker thinks there is more room to run for 4DMedical shares in FY27.

2. Minerals 260 Ltd (ASX: MI6)

This ASX 200 gold share ripped 508% to finish FY26 at 73 cents.

Minerals 260 is building the Bullabulling Gold Project near Kalgoorlie in Western Australia’s Eastern Goldfields region.

3. Elevra Lithium Ltd (ASX: ELV)

This ASX 200 lithium share flew 327% to $9.60 over FY26.

Elevra has a globally diversified portfolio of mines and projects across Québec, North Carolina, Ghana, and Western Australia.

4. PLS Group Ltd (ASX: PLS)

This fellow ASX lithium share leapt 275% to close out FY26 at $5.02.

The company’s flagship project is Pilgangoora, the world’s largest independent hard-rock lithium mine.

Formerly known as Pilbara Minerals, PLS Group was the best performer among the ASX 200 large-cap shares last year.

5. Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price increased 261% to close the year at $10.30.

This made Electro Optic the best-performing stock of the industrials sector in FY26.

The company specialises in defence technology, advanced weapon systems, and counter-drone solutions.

6. Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price rose 188% in FY26.

The ASX large-cap mining share finished the year at $62.07.

Value investors returned to Mineral Resources after corporate governance and financial problems crushed the stock in FY25.

Mineral Resources reported its best half-year result ever for 1H FY26. The miner reported record revenue of $3.1 billion and EBITDA of $1.2 billion due to rising lithium prices and the successful ramp-up of its Onslow iron ore project.

7. NRW Holdings Limited (ASX: NWH)

This ASX 200 industrials share soared 149% to finish the year at $7.44.

8. Liontown Ltd (ASX: LTR)

This ASX 200 lithium share rose 142% to finish the year at $1.69.

For 1H FY26, Liontown reported doubled revenue after a 70% lift in spodumene production.

In 3Q FY26, Liontown became cash flow positive and hit its 1.5Mtpa annualised underground run-rate ahead of schedule.

9. SRG Global Ltd (ASX: SRG)

This ASX 200 industrials share rose 136% to finish the year at $3.98.

10. Codan Ltd (ASX: CDA)

This ASX 200 tech share lifted 119.5% to finish the year at $44.14.

ASX 200 tech shares tanked in FY26, with only four finishing the year in the green.

11. Kingsgate Consolidated Ltd (ASX: KCN)

This ASX 200 gold share rose 119% to finish the year at $4.95.

12. Lynas Rare Earths Ltd (ASX: LYC)

This ASX 200 rare earths share increased 115% to close out the year at $18.06.

An 80% lift in the neodymium price, and restricted rare earths exports out of China helped Lynas shares grow in FY26.

13. Alkane Resources Ltd (ASX: ALK)

This ASX 200 gold share rose 92% to finish the year at $1.37.

The post 13 ASX 200 shares that doubled in value in FY26 appeared first on The Motley Fool Australia.

More reading

• Lynas Rare Earths inks $50m deal for new Malaysian magnet factory
• Sell alert! Why these experts are calling time on Endeavour and PLS shares
• 2 ASX 200 healthcare shares to buy after sector rebounds 23% in a month
• ASX 200 tech shares tanked in FY26, but there were 3 winners
• These are the 10 most shorted ASX shares

Motley Fool contributor Bronwyn Allen 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 Electro Optic Systems. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. The Motley Fool Australia has recommended Srg Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Qube Holdings Ltd (ASX: QUB) share price is in focus today after the company announced Supreme Court approval for its scheme of arrangement, paving the way for Rubik Australia Pty Limited to acquire all Qube shares.

What did Qube Holdings report?

• The Supreme Court of NSW has approved the scheme of arrangement with Rubik Australia Pty Limited.
• Qube Holdings will arrange for court orders to be lodged with ASIC on 8 July 2026.
• Once lodged, the scheme will become legally effective and all Qube shares will be acquired by the bidder.
• Qube intends to apply for its ASX quotation to be suspended after close of trading on 8 July 2026.

What else do investors need to know?

This marks the final regulatory hurdle for the proposed takeover first announced in February 2026. Once the court orders are lodged with ASIC, shareholders will see their holdings acquired under the scheme.

The company will shortly move to suspend trading in Qube shares, with completion of the acquisition process expected to occur as outlined in earlier announcements. Investors should look out for further updates as the acquisition is formally completed.

What’s next for Qube?

With final court and regulatory approvals in hand, Qube Holdings will now progress to complete the scheme of arrangement. This includes delisting Qube from the ASX and transferring all shares to Rubik Australia Pty Limited as planned.

Shareholders do not need to take any action at this stage. Qube will communicate further details about payment and the end of share trading as the timeline progresses.

Qube share price snapshot

Over the past 12 months, Qube shares have risen 20%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

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The post Qube Holdings: Supreme Court approves takeover scheme 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 Summerset Group Holdings Ltd (ASX: SNZ) share price is in focus after the company reported 448 occupation right sales in Q2 FY26, with resales up 26% and total first-half sales up 17% on last year.

What did Summerset Group report?

• 448 occupation right sales in Q2 FY26 (221 new, 227 resales)
• Q2 new sales unchanged from a year ago, but resales jumped 26%
• First-half (1 Jan–30 Jun) total sales up 17% to 813
• New sales up 12%, resales up 23% year-on-year for the first half
• Strong sales at four newly opened village centres in NZ and Australia

What else do investors need to know?

Summerset opened four new village centre buildings in the first half of the year, with encouraging early demand. Occupancy rates at these centres ranged from 21% to 45%, highlighting good uptake across both Australian and New Zealand developments.

The group adjusted its New Zealand build rate in the wake of the Iran conflict, reducing its FY26 target to between 600–650 new homes but maintaining group deliveries within its forecast of 700–800, with 454 homes already delivered so far this year. Australian operations remain on track, with Cranbourne North open and Chirnside Park set to open later this year.

What did Summerset Group management say?

Summerset Chief Executive Scott Scoullar said:

Our total first half (1 Jan – 30 Jun) sales were up 17% on the same period last year, with new sales up 12% and resales up 23%… These buildings are central to the resident experience in our villages and provide the care, support and amenity our residents value. We’re pleased with the level of interest and sales momentum across these villages’ new buildings.

What’s next for Summerset Group?

Summerset has reiterated its guidance for a development margin in the 20–25% long-term range, supported by the recent shift towards higher care and apartment sales. The company continues to manage construction in response to broader economic conditions and demand, with flexibility to adjust its build programme.

Investors can look forward to Summerset’s half-year FY26 financial results scheduled for Thursday 27 August. Key milestones, including further progress at Australian sites, will also be closely watched.

Summerset Group Holdings share price snapshot

Over the past 12 months, Summerset Group shares have declined 28%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

View Original Announcement

The post Summerset Group delivers Q2 update appeared first on The Motley Fool Australia.

More reading

• Qube Holdings: Supreme Court approves takeover scheme
• West African Resources posts June 2026 quarter gold production update
• Lynas Rare Earths inks $50m deal for new Malaysian magnet factory
• Netwealth posts strong FUA growth and secures Morgan Stanley platform deal
• a2 Milk Company posts double digit FY26 revenue growth despite China supply setback

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.