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06 November 2024 • By Jessica Penny • 1 min read

Australian Unity to offload banking business

The ASX-listed company is looking to transfer its 25,000 banking customers to Bank Australia. Australian Unity has announced that its wholly owned ...

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Fundies could be unintended target of new M&A rules, industry warns

Routine investment transactions are at risk of being caught up in proposed merger and acquisition (M&A) reforms, industry bodies have warned

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Bitcoin surges on Trump victory

Bitcoin’s record highs are indicating a Trump win, with 75 million voters who happen to hold crypto proving “incredibly powerful in this election”

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Australian super funds unfazed by US election outcome

The outcome of the US election is unlikely to disrupt the operational strategies of Australian superannuation funds, even though specific assets may ...

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Westpac ‘ignoring science’: Big bank under fire for oil, gas expander lending

According to a clean energy and finance advocacy organisation, one of the country’s biggest banks has “thumbed its nose” at investors

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Expert warns diversification key in ETF success

While various megatrends have captured the spotlight throughout history, an investment strategist highlights the wide array of sectors benefiting from ...

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Economists eye RBA’s language as rate cut predictions firm up

As the RBA prepares to release its latest statement on monetary policy, economists are closely monitoring how the central bank frames key issues

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Emerging opportunities in Asia: Bright spots shine amid changing dynamics

Asia’s equity investment landscape is improving, with better earnings prospects and supportive policies encouraging foreign capital to re-enter the ...

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Outgoing Westpac CEO reports profit slide in FY24

Westpac’s NPAT saw a 3 per cent decrease in FY24, amid one of its “strongest” ever balance sheets. Westpac has posted a net profit after tax (NPAT) ...

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Macquarie reports $1.6bn profit, maintains ‘cautious’ stance ahead

The ASX-listed company says that it remains well-positioned to deliver superior performance in the medium term. Macquarie Group has reported a net ...

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