Financial Services

Two years after stepping down as head of Andrew and Nicola Forrest's private interests, Andrew Hagger is launching a business to serve ultra-high-net-worth families.

Consultancy giant KPMG has unveiled a new practice based in its Perth office, offering a dedicated Microsoft Dynamics 365 technology implementation practice.

A Perth man has been sentenced to two years in jail, after dodgy tax dealings conducted in his name were referred to prosecutors by the Australian Taxation Office.

Westpac has appointed Anthony Miller as its new boss, succeeding Peter King who will retire after a 30-year career with the bank.

The Chamber of Commerce and Industry Western Australia has started searching for its next chief executive after Chris Rodwell announced his move to Sydney.

The country's economy only grew by 0.2 per cent in the recent quarter or 1.5 per cent annually, which the ABS found to be the weakest yearly growth since the 1990s.

PwC public sector advisory spin-off Scyne Advisory has appointed former senior Google executive John Ball as its first independent chief executive.

Australia's big four banks will face a parliamentary grilling this week, including questions over ANZ's alleged manipulation of the bond market.

Accounting giant PwC Australia has appointed Perth partner Amy Lomas as its new chief economist.

The head of Australia's corporate watchdog says in the past financial year a record number of businesses have been placed into administration.

KPMG says a 3.9 per cent decline in revenue was largely due to poor conditions in its consultancy business, as it revealed a drop of more than 570 jobs during FY24.

The corporate regulator is suing ASX Limited for allegedly making misleading statements about the progression of its paused clearing house project.

Continued quiet equity capital market activity has tempered Euroz Hartley's full year financial results, while it focuses on growing its funds under management.

PwC boss Kevin Burrowes “misled” Senator Deborah O'Neill in not disclosing $1.2 million in payments from the consulting firm's parent company, a joint committee into the PwC tax scandal heard.

ASIC has welcomed the big fine in its first greenwashing case before the courts, in what was the second regulatory blow for Mercer this year.

Mercedes Construction, a commercial builder which claims to be linked to luxury Perth home builder Zorzi Builders, has brought in an administrator.

Business News has significantly overhauled the BN30 index, a proxy for the WA economy, with seven new additions, prompted by the exit of takeover targets MMA Offshore, APM and Decmil.

The country's annual inflation rate has increased to 3.8 per cent, up from the 3.6 per cent recorded in the previous quarter, recent Australian Bureau of Statistics data shows.

As economic headwinds bite, there's a growing collection of private capital waiting to be deployed.

Carbon abatement company Salubris has revealed a deal with traditional owners in the Goldfields to generate credits and secure land tenure.

Deloitte Australia has posted a 2.4 per cent revenue decline and revealed 700 job losses - but the WA arm of the business has bucked the trend with an 18 per cent uptick in revenue.

Business News' corporate finance survey reveals the leading financial and legal advisers working on major transactions in WA.

Stockbroking firm Argonaut has boosted its team with the addition of three recruits led by dealmaker Rob Telford while also reporting strong growth in operating revenue.

KPMG Australia will undergo a restructure of its legal arm by axing its separate commercial law practice, announcing the move a month after flagging hundreds of job cuts.

Multi-generational farming families are making the switch from custodians of land to stewards of wealth.

High interest rates, stubborn inflation and looming industrial relations battles are tipped to shape the year.

Perth fund Purpose Ventures led a $3 million raising for Victorian robotics company Andromeda.

The Reserve Bank of Australia has again held the country's cash rate steady at 4.35 per cent, meeting economists' expectations.

Treasurer Rita Saffioti and the Finance Sector Union have hashed out concerns over the impending closure of Bankwest branches and hundreds of job cuts.

A surge in private credit should have alarm bells ringing in WA, especially among those for whom the name “Rothwells” is triggering.

Beyond Bank Australia and Police & Nurses are heading towards a merger by next year, with their combined assets to be worth almost $20 billion.

Australia's GDP had a modest rise in the March quarter but the country still experienced weak economic growth, the Australian Bureau of Statistics found.