Commonwealth Bank turned a $2.7 billion cash profit in the March quarter, up four per cent from a year ago but down one per cent from its first-half quarterly average.
Geopolitical tensions driven by the Middle East crisis and high fuel prices have created a volatile macroeconomic environment, Australia's biggest business bank says.
Almost half of Australia's mid-market business leaders are forecasting no real growth for the remainder of the year but claim cutting red tape in the federal budget could turn their prospects around, KPMG finds.
Australia's peak corporate regulator has issued notices to four finfluencers who it says were providing unlicensed financial advice or engaging in deceptive conduct.
Commonwealth Bank has confirmed it will axe a further 119 Australian jobs as it continues to restructure its operations, adding to the roughly 400 roles cut earlier this year.
WA's largest super fund GESB's former chief Ben Palmer has emerged as the managing director of a new funds management division launched by Affinity Capital Group.
Perth wealth management firm Integro Private Wealth has acquired Bunbury-based outfit Lighthouse Capital Southwest, further extending its reach into the regions.
Insurance giant IAG has raised the spectre of Perth being hit by a big earthquake like in Christchurch to argue it should be allowed to buy RAC's insurance business.
Liquidators of convicted fraudster Chris Marco's Ponzi scheme have continued to chase the money paid out to investors from the $261 million funds pool.
UBS has recruited a former Morgan Stanley senior vice president to join its Perth wealth management team as the bank looks to grow its presence among WA's affluent clients.
The Motor Trades Association of Australia has made a last-minute call for industry players to respond to an ACCC survey on IAG's renewed bid to purchase RAC's insurance business.
Linked Support Solutions has been pulled out of administration by its sole director after the disability support services provider succumbed to financial losses and NDIS registration woes.
Partners Wealth Group has acquired Perth-based Investment & Financial Partners, with its acquisitive streak lifting local funds under management to $1.5 billion.
A dispute between a liquidator and Pitcher Partners over Titan Interactive's collapse has continued, with the court having mulled an injunction against the accounting firm.
The latent IPO market began to stir in 2025 as the local stock exchange welcomed 19 Western Australian-linked companies to its board, dominated by the miners.
Canadian resources companies are increasingly eyeing the Australian stock market's investor base and capital pools after eight North American outfits listed in 2025.
A financial adviser who stole more than $1 million from clients will spend years in prison, with the judge finding his crimes driven by “greed, incompetence, and arrogance”.
