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09 May 2022 • By Neil Griffiths • 1 min read

Westpac cash earnings up 71%

The big four bank has released its half-year 2022 results. On Monday, 9 May, Westpac reported cash earnings of $3.1 billion; a 71 per cent increase ...

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War and inflation spark renewed interest in gold

Gold often ranks near the top of investors’ list of ‘safe-haven’ options, but demand for its relative stability is intensifying as soaring inflation ...

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Younger investors demand greater ESG input

When investors are looking for the biggest long-term returns, they’re usually most interested in robust industries and ideas that will generate cash ...

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Block continues to absorb Afterpay expenses

Block clocked gross profit growth of 34 per cent in the first quarter, with CashApp raking in its highest quarterly inflows on record. Block has ...

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Private capital value hits record-breaking $90bn

The private capital industry in Australia has hit a record-breaking figure of $90 billion, with private equity and venture capital comprising the bulk ...

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AMP records major outflows across business

AMP recorded $1.3 billion in net cash outflows from its wealth management business in the first quarter of the year. AMP’s Australian Wealth ...

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Magellan's FUM contracts on loss in global equities

Magellan has reported a slight decrease in funds under management (FUM), following a dip in global equities. Magellan reported FUM of $68.6 billion ...

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NAB half-year profit reaches $3.6bn

The big four bank has released its 2022 half-year results. NAB has reported statutory net profit of $3.6 billion as of March 2022, while also ...

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Interest rates to remain below 2% in 2022, big banks agree

The big banks are predicting interest rates will remain below 2 per cent this year despite the markets pricing in a rate closer to 2.5 per ...

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ANZ reports statutory profit of $3.5bn

The big four bank has released its 2022 half-year result. ANZ has reported statutory profit after tax for the half-year ended 31 March 2022 of $3.5 ...

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