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    Pioneer seeks new owner

    Pioneer Credit has started to engage with potential buyers of the business and is also seeking to refinance its $220 million debt, after last week’s collapse of the Carlyle Group takeover. ...
    Pioneer seeks new owner

    Pioneer Credit takeover in doubt

    Pioneer Credit has accused its major lender and takeover bidder, US private equity group Carlyle, of trying to either push down its $120 million takeover offer to a very low price or withdraw from the deal altogether. ...
    Pioneer Credit takeover in doubt

    Euroz flags $16m loss

    Stockbroking and funds management group Euroz expects to report a loss of $16 million for the nine months to the end of March but said its trading activity is still profitable and it intends to pay a final dividend. ...
    Euroz flags $16m loss

    Euroz terminates Prodigy JV

    Euroz has flagged an $8 million hit to its earnings after pulling out of its 80 per cent-owned Prodigy Investment Partners joint venture, which had underperformed in recent years. ...
    Euroz terminates Prodigy JV

    Brace for impact, Australia warned

    Australia’s economy will contract 2 per cent in the March quarter, according to ANZ, as economists weigh up the impact of the COVID-19 pandemic. ...
    Brace for impact, Australia warned

    Primewest defers spin-out IPO

    Primewest has postponed the spin-out of a new $285 million commercial property trust, citing market volatility, with Macquarie Bank and rent.com.au among other listed companies to change their capital raising plans. ...
    Primewest defers spin-out IPO

    WA Super pursues new merger

    National superannuation giant First State Super and smaller Perth-based fund WA Super have signed a memorandum of understanding to evaluate the benefits of a merger. ...
    WA Super pursues new merger

    HBF launches national push

    HBF is utilising the popularity of quokkas as a symbol of Western Australia and its status as a not-for-profit business as it takes on the big health funds on the east coast. ...
    HBF launches national push

    Moran turned down $2m settlement

    The Supreme Court has disclosed that company director Russell Moran could have settled his dispute with broking firm Argonaut by paying $2 million; instead he went to trial and has now been ordered to pay in excess of $37 million. ...
    Moran turned down $2m settlement

    AFG reports strong interim results

    Australian Finance Group has reported a 20 per cent rise in first-half net profit to $17.7 million, sending its shares 10 per cent higher at the market close today. ...
    AFG reports strong interim results

    Argonaut wins ruling on 79.5% pa loan

    Finance group Argonaut has won a Supreme Court ruling against Perth company director Russell Moran, who could owe in excess of $30 million after taking out a high-interest loan six years ago to buy sh ...
    Argonaut wins ruling on 79.5% pa loan

    Euroz improves net profit

    Euroz has reported an unaudited net profit of $8.5 million for the half year to December 2019, reflecting a strong performance by most of its funds management subsidiaries and a solid result from its ...
    Euroz improves net profit

    ASIC bans Perth adviser

    The Australian Securities and Investments Commission has banned Wayne Blazejczyk from providing financial services for five years, saying the Perth adviser had failed to meet best interest obligations ...
    ASIC bans Perth adviser

    ASIC acts on $240m investment scheme

    The corporate regulator is seeking to wind-up an alleged unregistered managed investment scheme run by Mt Hawthorn resident Chris Marco, who received about $240 million from 132 investors. ...
    ASIC acts on $240m investment scheme

    Perth company wins FPA award

    West Perth-based Capital Partners Private Wealth Advisors has been announced professional practice of the year by the Financial Planning Association of Australia. ...
    Perth company wins FPA award

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