PRE-MARKET AUSTRALIAN STOCKS NEWS: RBA rate decision is in focus amid expectations for the first rate hike in over two years

Adairs (ADH AT) - Co. appointed Matt Edmonds as group CFO. (Newswires)

NRW Holdings (NRW AT) - Co. was awarded a AUD 170mln bulk earthworks contract from Rio Tinto (RIO AT). (Newswires)

Regis Resources (RRL AT) - Co. is proposing a new design for the development of a AUD 1bln gold project near Bathurst which had been blocked in 2024 by former Environment Minister Plibersek. (AFR)

Telix Pharmaceuticals (TLX AT) - Co. chair resigns less than 8 months into the role. (The Australian)

Xero (XRO AT) - Co. reported strong AI-driven subscriber growth and deeper US payments focus following Melio integration. Co. noted over 2mln Xero subscribers are now benefitting from AI features, with 300k using new GenAI tools, while it stated that over 4mln customers are now using Xero's platform globally and it reiterated its FY26 guidance. (Motley Fool)

Power/Utilities - Three major investment firms have emerged as frontrunners to buy Ausgrid’s smart metering business in a AUD 2.5bln auction set to begin this month. (The Australian)