Next Week At A Glance – 12-16 Oct 2026

This story features INGENIA COMMUNITIES GROUP, and other companies.
For more info SHARE ANALYSIS: INA
The company is included in ASX200, ASX300 and ALL-ORDS

A brief look at important company events and economic data releases next week.

For a more comprehensive preview of next week’s events, please refer to “The Monday Report”, published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar.

The week that was in Australian finance:

• The Australian market continues to remain choppy at an index level, with a downside bias. At a sector level, it remains a story of rotation and churn as narratives continue and offshore trading themes dominate.
• The ASX200 is trading some -7% below its August 6 high, with a change in interest rate expectations to higher for longer having taken the wind out of the sentiment sails, at least for now.
• As mentioned last week, global bond yields are higher, and talk of AI bubbles, unsustainable government deficits and geopolitics, as well as elections, continues to shroud markets in an omnipresent haze of fear and uncertainty.
• Earnings growth in the US is directly related to the AI trade, and the pushback on AI and data centres is likely to garner more media attention in the run-up to the US midterm elections.
• November 3 is a BIG day for Australia and the US. The RBA will hand down its rate decision, and America goes to the polls. Maybe a day at the races is what will be in order?!
• The ASX200 index is broadly unchanged on the week, with volumes characterised as low, with school holidays and the public holiday in NSW on Monday dampening participation in the market.
• Buying emerged in the Utilities sector, up 3% or so; Real Estate, up over 2.5%; Healthcare, also up some 2.7%; followed by Consumer Discretionary and Energy, up 1.5%, as Middle East tensions rumble on.
• InfoTech was the weakest, down -3.6%, and Materials was down -1.5%.
• Looking ahead to next week, Japan and the US have holidays on Monday, while the RBA’s September minutes are due out Tuesday. September’s unemployment data on Thursday will garner a lot of attention for any signs of weakening in Australia’s labour market.
• The AGM season also kicks into gear, which should result in more up-to-date commentary around the state of the economy and how companies are faring.
• Dividends received by investors tapered off this week to some $3.629bn, and they will continue to ease until month-end, albeit nearly $38bn of dividend payments will have hit investors’ accounts over the months of September and October.

The team at FNArena wishes you a great weekend.

Corporate news in the week that was: 

• Ingenia Communities ((INA)) has granted Warburg Pincus access to initial due diligence, subject to a mutually acceptable confidentiality arrangement
• Cleanaway Waste Management ((CWY)) has received written reconfirmation from EQT Infrastructure of its $9.4bn takeover bid for the waste management group
• CSL ((CSL)) has struck an exclusive deal with Swiss biotech Alentis Therapeutics to co-develop lixudebart, a potential treatment for rare kidney and liver diseases
• Fisher & Paykel Healthcare ((FPH)) plans to sell 12 hectares of its 105-hectare Karaka Road site in Drury, New Zealand, to Health New Zealand for NZ$45.3m
• Firmus Technologies is considering a dual Nasdaq and ASX $44bn listing as the AI infrastructure developer seeks additional capital to fund data centres for customers including Meta and OpenAI, ahead of its planned October 23.
• News Corp ((NWS)) is conducting preliminary due diligence on The Land as a potential acquisition from Australian Community Media owners Antony Catalano and Alex Waislitz
• US-based Schreiber Foods is in talks to acquire Paul Lederer’s Real Dairy Australia
• Singapore sovereign wealth fund GIC has hired JPMorgan to bid for Rio Tinto’s ((RIO)) roughly US$7bn portfolio of Pilbara and Canadian infrastructure assets
• Hertz Global is preparing to sell its Australian operations and has asked local investment banks to pitch for the sale mandate
• Ingenia Communities ((INA)) has granted Warburg Pincus non-exclusive due diligence on its $5.25 per share takeover proposal while continuing engagement with Peet ((PPC))
• Pressure is mounting on Pacific Current Group ((PAC)) over its handling of a competing $12.56 per share takeover proposal from Roc Partners and potential board conflict
• Firmus may miss December ASX index inclusion despite its planned $7bn IPO, potentially delaying around $2.4bn of index-linked buying until March
• APRA is examining superannuation funds’ exposure to Metrics Credit Partners ((PNI)) amid mounting stress in private credit
• KPMG’s final audits have reduced the fair value of investments held by Metrics’ ((PNI)) listed funds by $185.5m, highlighting concerns around private credit valuations and credit losses
• Macquarie Capital ((MQG)) has acquired a stake in Zerra DC, gaining exposure to its more than 2GW APAC data centre development pipeline
• Swipejobs is testing investor appetite for a potential $2bn ASX IPO
• Dexus ((DXS)) has hired Citi to raise new equity for its $5.8bn Australian Data Centres platform, potentially diluting Dexus’s 85% stake
• Potentia Capital’s $670m Fund II has generated an annual IRR of just 2.6% after four years, with AI disruption weighing on its software investments
• Firmus has ended its alliance with CDC ((IFT)) over Project Southgate amid frustrations over costs and delays
• Australia Post is downsizing its contract with Orro as private equity owner LVP seeks to sell the debt-laden IT business
• PSP Investments is in advanced talks to acquire AAA Egg Company’s Golden Eggs and Days Eggs businesses for more than $200m
• Infratil ((IFT)) is weighing a potential -NZ$1bn sale of One NZ’s fibre network
• Macquarie Capital ((MQG)) has invested in Zerra to expand its more than 2GW Asia-Pacific data centre pipeline
• Firmus has opened its IPO bookbuild with 42.4% of shares escrowed, pitching 75% EBITDA margins at a $43.9bn valuation
• H2X Global is seeking $6.1m to fund a leaner turnaround after cutting staff and costs
• SKS Technologies ((SKS)) founders are selling -$106m of shares following a 166% share-price rally driven by data centre demand
• AustralianSuper plans to more than double its private equity exposure in Asia, targeting buyouts in Japan, South Korea and India
• Invest Unlisted has launched a $250m raise offering Australian investors exposure to US data centre developer Fleet
• Nuveen has raised $1bn from CPP Investments and Temasek for Australian property credit
• Dicker Data ((DDR)) will acquire Sektor for -NZ$138m, funded by expanded debt facilities, accelerating its expansion across Southeast Asia
• WSP has completed its acquisition of e2m, expanding its environmental and ecological consulting capabilities in Australia
• Acure Asset Management is seeking buyers for two neighbourhood shopping centres in Queensland and Western Australia worth more than $110m
• Former Northern Star Resources ((NST)) boss Bill Beament says Gold Fields will need to add a cash component to revive its rejected $38.7bn takeover proposal
• BHP Group ((BHP)) has agreed to sell its Kambalda nickel assets to Gold Fields, bypassing expected buyer Wyloo Metals
• The ACCC has approved MUFG’s discounted takeover of HESTA-backed technology company Grow
• New Zealand billionaire Nick Mowbray is reportedly weighing a rival bid for Mattel and may appoint Australian investment bankers
• CDC Data Centres’ ((IFT)) valuation fell -$78m over the September quarter as higher financing costs outweighed growth in contracted capacity and its development pipeline
• AirTrunk has secured a US$1bn green loan to fund liquid-cooling infrastructure at its Tokyo data centre
• Torque Metals ((TOR)) has launched a $25m placement after dropping Evolution Capital from its broker line-up amid ASIC scrutiny
• At least 15 lenders are competing to underwrite more than $5.5bn of debt backing EQT’s $9.4bn takeover of Cleanaway Waste Management ((CWY))
• Firmus is reportedly considering cutting its IPO price to around $9 per share following weaker-than-expected investor demand
• Glencore is preparing for its ASX debut, with analysts highlighting a substantial valuation discount to its historical average and Australian mining peers
• Sharon AI has appointed Goldman Sachs as an adviser as the Australian neocloud prepares for a potential future dual listing
• Omni Bridgeway ((OBL)) has closed US$1bn across two litigation finance funds, lifting AUM to US$4.2bn
• BGH Capital has hired bankers to sell healthcare operator ForHealth for around $1bn, having acquired the business for approximately $500m in 2020
• Pacific Equity Partners (PEP) is acquiring a 30% stake in Energy Bay, backed by Skip Capital and Grok Ventures, predominantly through a primary equity raising
• Authentic Brands has joined three other potential bidders pursuing a takeover of KMD Brands ((KMD)), owner of Kathmandu and Rip Curl
• AustralianSuper has acquired an additional 9.14% stake in Perth Airport for over $600m, increasing its ownership to 29.4%
• Nvidia-backed Firmus is reportedly considering postponing its IPO and pursuing a private capital raising following disagreements over valuation, putting pressure on Maas Group ((MGH)) and its $410m investment, with potential dilution risks for existing shareholders
• ASIC has issued interim stop orders against three Australian Secure Capital Fund (ASCF) private credit funds, preventing new investor activity due to concerns over product disclosure statements
• HPS Investment Partners has reportedly marked down its private credit exposure to KKR-owned Laser Clinics Australia to around 67 cents in the dollar amid ongoing financial difficulties for the business

For a calendar of earnings result releases and a summary of earnings results to date, refer to FNArena’s Corporate Results Monitor (https://www.fnarena.com/index.php/reporting_season/)

Find out why FNArena subscribers like the service so much: “Your Feedback (Thank You)” – Warning this story contains unashamedly positive feedback on the service provided.

FNArena is proud about its track record and past achievements: Ten Years On

Click to view our Glossary of Financial Terms