Financial Services

The state's Business News BN30 Index raised its head above 200 points after dipping below that level yesterday for the first time in two and half years, weighed down by global volatility.

A dispute between Pioneer Credit and PwC has progressed, with lawyers for both parties appearing in the Supreme Court of Western Australia.

A third of this year's winners were WA companies, making it the state's best showing since the program began in 2019.

Bankwest's new 'just enough bank' slogan seems to have taken a literal turn as it lays off 130 roles just two days after unveiling the new digital-only branding.

The Perth Mint has been appointed as a refinery referee by an international authority on gold, making a comeback from the controversy that surrounded the organisation.

A new boutique financial advisory highlights the pattern of consolidation and renewal in the sector.

The corporate watchdog has sued the trustee Australia's largest superannuation fund over the delay in processing thousands of death benefit claims.

IAG boss Nick Hawkins says the company is ready to support customers potentially impacted by Cyclone Alfred.

The possibility of RAC's lucrative insurance business being sold has moved closer after industry heavyweights IAG and Allianz brought in advisers to help them pitch a deal.

Less than half of share market floats in 2024 turned a profit, with expectations of another tough year.

Westpac's 2025 first quarter unaudited profit dipped by 9 per cent to $1.7 billion, compared with its 2024 second half quarterly average.

OPINION: The stock exchange is struggling with relevancy and technology against a backdrop of surging global private capital.

The Commonwealth Bank of Australia's cash profit grew by 2 per cent to $5.13 billion during the first half of the 2025 financial year, which was spurred on by volume growth in key businesses.

Business News' corporate finance survey shines a light on the top financial and legal advisers in WA amid a surge in gold sector activity.

Corporate finance firm Euroz Hartleys is anticipating net profit of $6.25 million for the first half after capitalising on a “brief but strong” wave of equity capital market work.

Australia's consumer price index rose 0.2 per cent in the December quarter, buoying expectations the Reserve Bank of Australia could cut rates in February.

WA has maintained its spot at the top of the CommSec State of the States report for the second quarter running, ranking first in five of eight economic indicators.

The 2025 iteration of PwC's Global CEO survey has found the slow adoption of AI in the workplace and the inflation fight are the two largest concerns for Australian executives.

Australian Finance Group has announced its first two equity investments in broker businesses following its November move to offer its networks growth-enabling finance.

The Chamber of Commerce and Industry Western Australia has appointed Peter Cock as its next chief executive, to replace Chris Rodwell.

Australia's trimmed mean inflation fell to 3.2 per cent in November, but jobs figures suggesting a tightening of the labour market have dashed hopes of a February rate cut.

Perth accountant Vittorio Letizia has appeared in Perth Magistrates' Court charged with five counts of insider trading.

The heat's building over interest rates as Australia leads all comers in the race no-one wants to win.

Gary McGrath has overseen a significant restructuring of Bankwest's operations in his role at CBA.

DigitalX will receive more than 80 per cent of the funds recoverable from the 351BTC it lost in the collapse of crypto exchange Mt. Gox.

The Australian Securities and Investments Commission has sued HSBC Bank Australia over what it described as “systemic and widespread” failures to protect customers from scams.

Treasurer Jim Chalmers has appointed a former banking executive and an economics professor to the Reserve Bank board, following a six-month review into monetary policy setting.

Fund manager doubles down on strategy that has made him rich.

The Reserve Bank of Australia has held the cash rate steady at 4.35 per cent as expected but economists have noted a shift in the board's tone.

A desire to de-risk and diversify portfolios is driving more wealthy WA investors into alternative asset classes.

ANZ Banking Group chief executive Shayne Elliott has announced his retirement, effective from July 2 next year.

West Perth-based lithium explorer Lepidico has called in administrators from KordaMentha, who intend to start a sale or recapitalisation of the business soon.