News Articles for Cash Converters International

Cash Converters International's push to further increase its corporate store footprint on the east coast appears set to continue.

Cash Converters International has returned increases in operating and statutory net profits in FY25.

Cash Converters International boss Sam Budiselik says the company's plan to expand within Australia's most populated areas on the east coast is working.

Sponsor outreach and exposure remain a key focus for many of WA's sporting codes, while grassroots development nurtures the next generation of stars.

Cash Converters managing director Sam Budiselik says the company's improved assessment of credit risk has aided the company's half-year financial performance.

Western Bears bid chair Peter Cumins says he remains committed to rugby league in WA, irrespective of which direction plans for a new Perth-based franchise may head.

Western Australia’s National Rugby League bid representatives have reiterated the importance of the Western Bears being ‘under the care and control’ of WA.

The submission deadline for National Rugby League expansion bids closes on Wednesday, with a Western Australia-backed consortium in the mix to become the league's 18th franchise in 2027.

Western Australia’s bid consortium needs to raise $30 million to support its push towards a National Rugby League licence, bid chair Peter Cumins says.

Despite a slight dip in revenue following the festive season, Cash Converters is keen to build on its momentum for the remainder of the 2024 financial year.

Lender and second-hand goods retailer Cash Converters has announced it recorded a $9.9 million statutory net profit after tax during the first six months of the 2024 financial year.

Our board moves wrap includes Casta Tungaraza, Serge Ngandu, Nicolle Fleming, Mark Ashby, Darren Naylor, Oliver Kreuzer, Mohammad Ali Shah, Lawrence Teo, Nick Selby, Greg Jones, Amy Stefonick, Hugh Warner, Chris Hilbrands, Phil Thick, Matthew Gauci, Matthew Worner, Andrew Muir, and Pip Darvall.

Our board moves wrap includes Kelly Moore, Meagan Hamblin, Sonu Cheema, Nathan Maxwell-McGinn, Susan Jones, and Cameron O'Brien.

Our weekly appointments wrap includes Tim Marney, Steven Jones, Simon Moncrieff, Joan McKenna Kerr, Ashley Muirhead, Paul Ryan, Alira Kelly, Wyatt Buck, Peter O'Connor, Jonty Gibbs and Ronak Bhimjiani.

Cash Converters has been forced to tighten up its anti-money laundering program and has flagged plans to write-off its entire goodwill.

Our board moves wrap includes Leslie Crockett, Jonty Gibbs, Sonu Cheema, Brian Moller, Katherine Garvey, and Fletcher Hancock.

With the Redcliffe Dolphins to enter the NRL next year, WA has a compelling case to make for receiving the league's 18th licence.

Our board moves wrap includes Karl DeMong, Brett Lawrence, Jason Kulas, Timothy Jugmans, Susan Thomas, Ged Hall, Dennis Jensen, Robert Scott, ZhaoYa Wang, WangHong Yang, Rowan Johnston, Ben Laird, Peter Wallace, Lawrence Marshall, Benjamin Donovan, Julien Sanderson, Matthew Carr, Tamara Brown, Michael Skead, and Laurie Marsland.

Cash Converters has booked stronger revenues for the half-year despite losing a quarter of its trading days to the pandemic, but a revaluation of its stores has hindered the Perth-founded franchise's bottom line.

Journalist Matt Mckenzie talks to Cash Converters managing director Sam Budiselik about the company's financial year results, the subprime loan market, and use of machine learning.

Our board moves wrap includes Simon Dominy, Henry Shiner, Brad Edwards, Leslie Crockett, Michele Anderson, Hansjoerg Plaggemars, Michael Nossal, Peter Bilbe, Kathryn Foster, Greg Cochran, Michael Ruane, Susan Field, and Grant Mooney.

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.

Today's board moves wrap includes Nicholas Ong, Sam Budiselik, John Ribbons, Melissa Chapman, Catherine Grant-Edwards, Michael Nossal, DongMei Ye, George Karageorge, Stuart Till, Terry Strapp, Chris Berkefeld, Eugene Nel, John Ciganek, and Bill Oliver.

Our board moves wrap includes Stuart Grimshaw, Jason Kulas, Matthew Madden, John Duffin, Len Troncone, Peter McUtchen, Kevin Lines, Michael Bohm, Jason Bahnsen, Peter Bird, and Mike Joyce.

Cash Converters has posted a $10.5 million loss, while chairman Stuart Grimshaw is the latest to leave the company.

Cash Converters is claiming a solid balance sheet after it extended a $150 million securitisation facility, following a turbulent time for the payday lender.

Our board moves wrap includes Julie Elliott, Robert Hines, James Sullivan, John Morrison, Victor Rajasooriar, Adrian Paul, Brian Talbot, Raymond van Hulst, Simon Whybrow, and Stephen Jones.

Brendan White has resigned as chief executive of Cash Converters International due to increased family commitments.

Our weekly appointments wrap includes Severine Logan, Michael Murphy, Peter Egan, Gningala Yarran-Mark, Kevin Gallagher, Ian Davies, Darren Hedley, Zoe Yujnovich and Paul Graham.

A new book profiling eight successful business people, including Murray McHenry, Rick Hart, Lew Beale and Kylie Radford, discusses what makes a great entrepreneur.

Investors have welcomed an agreement by Cash Converters International to pay $42.5 million to settle a class action in Queensland.

Our weekly appointments wrap includes Adam Irving, Richard Hicks, Terry Stark, Nicole Barnao, John Fitzgerald, Tim McInnis, Martyn Jenkins, Steven Richards, Andrey Maruta, John Cowdel

Cash Converters International says it expects a loss of between $2 million and $4 million for the 2019 financial year, largely due to a class action settlement in Queensland.

Cash Converters International has appointed Bank of Queensland's Sydney-based group executive, Brendan White, as its new chief executive, starting in March next year.

Advanced Braking Technology has promoted current chief financial officer John Annand to chief executive. He succeeds Peter Hildebrandt who has stepped down from the role.

Cash Converters International has posted a $22.5 million profit for the 2018 financial year, while also announcing the resignation of chief executive Mark Reid.

Sixty-three Perth business leaders slept rough last night for the Vinnies CEO Sleepout, raising about $513,000 to go towards alleviating homelessness.

Cash Converters International has boosted its coffers with a $39.5 million capital raising, with the proceeds set to strengthen the company's balance sheet and be used to reduce debt.

Perth-based Cash Converters International has made a $650,000 settlement payment in relation to concerns over its debt collection practices, as the company transitions the process to a specialist third party.

Cash Converters International has recorded an 18 per cent decline in net profit for the half year to December as the company transitions its business under chief executive Mark Reid.