Australia’s largest short-term lender has launched a nation-wide campaign to have changes proposed under a major overhaul of the National Consumer Credit Protection Act scrapped.
Insurer QBE has elected not to declare a final dividend, recording a statutory net loss after tax of $US1.5 billion ($A1.93 billion) following last year's $US550 million profit.
Westpac claimed first-quarter cash earnings were up 54 per cent and boss Peter King says there had been a significant increase in home loan applications.
Australia's securities regulator says it will seek penalties and other orders against Commonwealth Bank after the Federal Court found the country's top lender had overcharged interest to customers.
National Australia Bank enjoyed a 47 per cent increase in cash earnings during its first quarter trading, helped by improving economic and health outcomes in Australia and New Zealand.
Stock broking advisory Argonaut has launched a two-pronged campaign to assist victims of the Wooroloo bushfire, establishing the Brokerage for Bushfire Relief initiative.
Finance professor Ray Da Silva Rosa writes the most surprising aspect of GameStop is how many commentators reported it as a development that threatens the foundations of capitalism.
A new investment consultancy has kicked off in Perth with heavyweight backing, with Wyllie Group and other clients giving it more than $1 billion in funds under advice.
Accounting firm BDO has established a joint venture with Integro Private Wealth to offer financial planning and private wealth services, targeting medical professionals and business owners.
Australia’s superannuation industry and its 16 million members watched markets fall and braced for impact as 2020 delivered an unprecedented financial stress test.
