NobleOak Life Limited (ASX:NOL)

ALERT: Price-sensitive ASX Announcement for NOL

Current share price for NOL : $1.140 -0.105 (-8.43%)⁺

Announcement

Update on Victorian stamp duty reforms

Release

6 Jul 2026 8:48AM

Price at Release

$1.245

Full Release

Summary

NobleOak Life Limited has announced an update regarding the Victorian stamp duty reforms, indicating that the company has been granted in-principle ex gratia relief from insurance duty for premiums paid on general insurance contracts between January 1, 2025, and June 30, 2025. This follows earlier announcements and disclosures related to their financial accounts for the half-year ending 2026. NobleOak disclosed a general provision of $6.5 million as of December 31, 2025, and expects a reduction in financial exposure following ongoing engagements with the State Revenue Office of Victoria and other stakeholders. Any adjustments will be included in their financial accounts for FY26, with a market update expected on August 28, 2026.

Key Points

Ex gratia relief from insurance duty granted for premiums from January 1, 2025, to June 30, 2025.
Initial general provision of $6.5 million disclosed as of December 31, 2025.
Engagements with the State Revenue Office of Victoria are ongoing.
Financial exposure expected to reduce below the general provision amount.
Updates will be reflected in NobleOak's FY26 financial accounts.
FY26 results will be released on August 28, 2026.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.