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05 November 2019 • By Lachlan Maddock • 1 min read

Westpac announces capital raise as profits slide

Westpac cash profits have fallen and the bank will cut its second-half dividend to 80 cents after a “challenging year” that saw its bottom line ...

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More rate cuts tipped for 2020: Finder

Two-thirds of experts and economists predict a cut at the Reserve Bank’s first meeting in 2020, but many believe that conventional monetary policy is ...

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Macquarie profits down 13% in second half

Macquarie Group has posted a net profit after tax of $1.5 billion for the half year ended 30 September, down 13 per cent on the half year ended 31 ...

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ANZ profit flatlines, warns more challenges ahead

ANZ produced a profit of $6.47 billion for the full year, staying flat year-on-year, with chief executive Shayne Elliott citing low rates, increased ...

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Retail sales lowest in 15 years: Challenger

Industry sales by Challenger’s retail distribution partners are the lowest they have been in 15 years, due to a wave of fluctuation through the ...

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Ausbil head awarded for anti-slavery work

Ausbil Investment Management’s head of ESG research, Mans Carlsson-Sweeny, has received an anti-slavery accolade for his work across investment supply ...

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Macquarie downsizes equities business

Macquarie Group has indicated it will be reducing its cash equities presence across Europe, Africa and the Americas, with the company looking to focus ...

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Socceroos legend Tim Cahill moves into financial markets

Online trading provider ACY Securities has announced Socceroos legend and international footballer Tim Cahill as their official global brand ...

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Local infrastructure investment offsetting global uncertainty

Heightened uncertainty is doing less damage to business investment prospects in Australia compared to other developed countries, largely as a result ...

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How new corporate models are disrupting asset allocation

Global investment manager PGIM has published new research highlighting long-term investment implications of three new types of companies emerging to ...

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