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    Stronger markets support insurers

    Perth-based health insurer HBF has posted a 53 per cent rise in its net surplus to $93.7 million, while profit at the state government-owned Insurance Commission of WA fell 27 per cent to $203.5 million, despite an improved return on its investments. ...
    Stronger markets support insurers

    WA misses out on NAB’s big banker boost

    National Australia Bank will introduce 163 new roles in its business banking division, which it says is part of an Australia-wide customer growth strategy, but the jobs will almost entirely go to the eastern states. ...
    WA misses out on NAB’s big banker boost

    WA backing for impact investing

    A new alliance was launched in Perth this month to promote investment in organisations focused on environmental, social and cultural good while also creating financial returns. ...
    WA backing for impact investing

    Pioneer receives respite from lenders

    Pioneer Credit has reached a standstill agreement with two of its major lenders as it attempts to deal with the fallout from a change in the accounting treatment of its consumer debt portfolios. ...
    Pioneer receives respite from lenders

    $20m deal for WA fintech

    Global wealth manager Skybound Capital has bought a 60 per cent stake in Western Australian online lender Fair Go Finance for $20 million. ...
    $20m deal for WA fintech

    Equity crowdfunding on the rise

    Interest in equity crowdfunding is growing locally, after Rhinohide reached its investment goal and fellow Perth-based business Tiller Rides announced more than 300 investors have expressed interest in supporting its capital raising. ...
    Equity crowdfunding on the rise

    WA lending up from historical lows

    Lending to investors and first homebuyers in Western Australia is showing early signs of a rebound from its record slump, according to the latest seasonally adjusted data from the Australian Bureau of Statistics. ...
    WA lending up from historical lows

    ASIC takes BoQ and Bendigo to court

    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. ...
    ASIC takes BoQ and Bendigo to court

    Carbon Group targets more growth after 18 acquisitions

    Business services firm Carbon Group has achieved rapid national expansion on the back of multiple acquisitions. ...
    Carbon Group targets more growth after 18 acquisitions

    Panoramic loan slashed by $20m amid Savannah woes

    Nickel miner Panoramic Resources will have to tap the market for $20 million in equity after its debt was halved by Macquarie Bank, while today also disclosing deferred payment for the sale of its Canadian project. ...
    Panoramic loan slashed by $20m amid Savannah woes

    Pioneer lender cuts off funds amid probable profit hit

    Pioneer Credit could be in breach of its loan covenants, after it said a change in the accounting treatment of its consumer debt portfolios would likely result in a dent to its underlying earnings. ...
    Pioneer lender cuts off funds amid probable profit hit

    Perenti shares up after Gresham sale

    Shares in mining services company Perenti Global were up more than 6 per cent today after investment bank Gresham Partners announced an agreement to sell its $91.2 million stake. ...
    Perenti shares up after Gresham sale

    AFG profit edges lower

    Australian Finance Group has posted a 0.8 per cent decrease in net profit, but is optimistic about its future following the federal election result earlier this year. ...
    AFG profit edges lower

    ASIC bans Perth director

    The Australian Securities and Investments Commission has banned Perth businessman Max David Goldenberg from providing financial services and engaging in credit activities for a period of eight years. ...
    ASIC bans Perth director

    Westpac reports mortgage stress in WA

    Westpac has reported a further rise in the number of people missing mortgage payments with Western Australia continuing to be the main problem area. ...
    Westpac reports mortgage stress in WA

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