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Financial Services

Euroz partners with Flinders

Euroz has announced its second expansion move in the funds management sector in the space of a week, with the launch of a partnership with Melbourne-based Flinders Investment Partners.

Euroz in the red with $7m loss

Euroz has halved its dividend after recording a $7.1 million net loss for the 2015 financial year, on the back of poor performance in its investment arm and modest profits in its stockbroking division.

Small tech stocks head field in lacklustre year - SPECIAL REPORT

It has been a tough year for WA’s once-vaunted resources stocks, as our annual TSR survey reveals. Click through to see more on our Shareholder Returns feature.

Qantas soars up the charts

Qantas, the biggest ASX-listed company to make the top 100 using total shareholder returns as the yardstick, was also the biggest surprise, with the airline delivering an eye-catching one-year return for investors of 151 per cent.

Uranium and gold offer glimmer of good news

There is no prize for guessing that iron ore companies have plunged to the bottom of the resources component of this year’s TSR survey; but what is interesting is the rise of uranium hopefuls, despite few signs of an imminent increase in the uranium price.

CoAssets debuts on NSX

Singapore-founded property crowdfunding business CoAssets wrapped up its first day of trading on the Newcastle-based National Stock Exchange of Australia today, with its shares closing flat at 10 cents each.

Decimal partners with P&N Bank

Financial planning technology group Decimal has formed a partnership agreement Perth-based P&N Bank as it seeks to expand its service offering to a broader range of members.

M&A deals define June quarter - SPECIAL REPORT

Upwards of 130 corporate finance transactions worth more than $11 billion were announced in WA in the June quarter, but most notable was a handful of landmark M&A deals.

Integro builds on independence

Integro Private Financial Consulting is a financial planning firm founded on the core principle of complete independence.

Norwood, Flexiroam debut on ASX

Two telco companies that provide roaming services have begun their first day of trading on the ASX today, with Norwood Systems making solid gains while Flexiroam closed flat.

Momentum gains in Mair merger

RESIDENTIAL investment adviser Momentum Wealth is broadening its offering, unveiling a merger agreement with long-standing commercial real estate agency Mair & Co.

Ramelius gives nod for Vivien mine

The board of gold miner Ramelius Resources has given its approval to begin mining at the company's Vivien project near Leinster, while also announcing a $10 million facility secured with the Commonwealth Bank of Australia.

Chaney not showing any signs of slowing

Michael Chaney’s return to Wesfarmers confirms his standing as the most influential company director in WA. Click through to see our listing of the 12 Most Influential company directors in WA.

Posco in $130m exit from Sandfire Resources

South Korean steel giant Posco has sold its 15.2 per cent stake in Sandfire Resources for $129 million.

Perth digital agency attracts coal money

Boutique Subiaco-based technology company Velpic has signed a $5.2 million deal to finance international growth plans, as part of a reverse takeover by east coast-based International Coal.

Chaney to retire as NAB chairman

Former federal Treasury secretary Ken Henry will take the helm of National Australia Bank’s board when chairman Michael Chaney retires at its next annual general meeting in December.

Retrospective laws to settle Bell Group dispute

The state government is utilising rarely used powers under the Corporations Act to take control of $1.7 billion owed to creditors of the failed Bell Group and ensure a big slice of that money is distributed to Western Australian taxpayers through the Insurance Commission of WA.

Directors want GST reform: AICD

Directors have indicated their support for reform to the GST, including an increase in its rate, and raised concerns that public policy debate in Australia was of poor quality, in a survey conducted by the Australian Institute of Company Directors.

Nahan seeks to settle Bell Group case

The state government will introduce legislation into parliament tomorrow designed to finalise the long-running Bell Group legal case, in which the Insurance Commission of WA and other creditors are fighting over a $1.7 billion payout.

Rates slashed to new historic low

The Reserve Bank of Australia has cut the official cash rate by 25 basis points to 2 per cent, saying the outlook for inflation helped shape its decision to reduce rates to a new historic low.RBA gove

Mortgage broker AFG launches $140m IPO

Shareholders in Australian Finance Group are planning a major sell-down of their stakes in the Perth-based mortgage provider as part of a $140 million initial public offering launched today.

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