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23 October 2024 • By Jessica Penny • 1 min read

Big 4 reveals $123m hit to profit

Ahead of the bank’s full-year results, Westpac has said that its NPAT will be impacted. Westpac’s reported net profit after tax (NPAT) for ...

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Aussie private credit poses low direct risk, but transparency concerns persist, says RBA

Australia’s central bank has assessed that the local private credit market poses low direct risks to financial stability, but transparency concerns do ...

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Praemium bounces back after June quarter outflows

In the firm’s financial results for the three months to 30 September, the platform reported quarterly inflows of $139 million. In an ASX update on ...

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ASX-listed firm drops new funds, eyes US markets

The ASX-listed company has unveiled a series of new products and reaffirmed its commitment to offshore opportunities. Magellan has announced the ...

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Investors called on to take remedial actions against modern slavery

Businesses that overlook modern slavery risk facing significant legal, reputational, and financial repercussions. A report commissioned by the ...

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How women can build a personal ‘advisory board’

Building a network of mentors and coaches with varied skill sets could help women achieve their career goals, according to an FBAA executive

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Generation Life kicks off FY24–25 with record growth

The company has announced significant progress in its financial metrics for the first quarter of FY2024–25, alongside a noteworthy acquisition

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Macquarie Tech zeroes in on data centres in new refinancing plan

Macquarie Technology Group has successfully signed a five-year $450 million debt refinancing agreement to bolster its data centre expansion efforts

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Asset managers turn away from local markets

T. Rowe Price has reinforced its underweight stance on Australian equities, citing weak earnings prospects and elevated valuations relative to other ...

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Latest acquisition injects $2bn into Australian Ethical

The ethical investment manager has had a strong start to FY2024–25, with a recent transaction adding $1.93 billion in FUM. Australian Ethical has ...

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