Our weekly appointments wrap includes Ryan Hall, Jo Gaines, Elena Limnios, Warren Hallam, Marnie Baker, Renee Fry-McKibbin, Cate Brooks and Ross Donaldson.
Bendigo and Adelaide Bank has launched a $300 million capital raising and slashed its interim dividend as rising costs weigh heavily on its first-half result, while NAB says it will raise about $750 million to refinance debt, as it seeks to meet toughened capital requirements.
P&N Bank and Bendigo and Adelaide Bank are among 27 lenders, including just two of the big four banks, now eligible to offer mortgages under the federal government's first home loan deposit scheme, aimed at low and middle income earners.
The Australian Securities and Investments Commission is launching legal action against the Bendigo and Adelaide Bank and Bank of Queensland amid allegations of unfair small business lending terms.
Bendigo and Adelaide Bank shares have taken a dive after a 2.4 per cent dip in first-half profit, despite the lender hoping to benefit from the big four's public relations disaster at the royal commission.
South Western Wireless WA is set to establish fixed wireless internet services across large parts of the Wheatbelt, after winning a tender run by the North Eastern Wheatbelt Regional Organisat
SPECIAL REPORT: The stock market's appetite for new listings is allowing a range of companies, from family-owned engineering firm Veem to big national player Alinta Energy, to raise capital.
Two thousand investors in failed Great Southern managed investment schemes will be forced to repay their loans after the Supreme Court of Victoria upheld a settlement that will see the investors get back just $23.5 million.
The business banking sector is shrinking in Perth, with falling staff levels and bank branch closures the latest signs of a cooling Western Australian economy.
Bendigo and Adelaide Bank has settled class actions brought by investors in managed investment schemes operated by plantation group Great Southern, two days out from a court decision on the matter.
Bendigo and Adelaide Bank says it is looking forward to its day in court after law firm Macpherson and Kelly launched a second class action against failed agribusiness investment manager Great Southern.
Last week's takeover of United Credit Union continues a long run of Western Australian financial institutions falling prey to interstate and overseas predators; but surprisingly, this trend has done little to dampen competition.
