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Showing 391 - 400 of 17937 results for "Bank"

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... substantially complete by 31 December 2025. During the year, Australian Unity announced the transfer of its banking business to Bank Australia. This is expected to be complete in November 2025. It also announced the sale of Australian Unity Investments ...

Platinum banks on merger positives amid dismal FY25 result

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
With assets and profits down 30% in the year, Platinum Asset Management's hopes of recovery are pinned on the L1 Capital deal and subsequent rebranding to L1 Group. Releasing its final annual results yesterday evening, Platinum Asset Management confirmed ...

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... Advisors APAC economist Krishna Bhimavarapu says the higher-than-expected reading will cool expectations for the Reserve Bank of Australia (RBA) to deliver another interest rate cut soon. "Today's near full percentage point jump in headline CPI is ...

Future Group calls on super funds to push for bold emissions target

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... have joined Future Group's campaign including Fortescue, Atlassian, Canva, Unilever, Volvo Group Australia, Culture Amp, Bank Australia, Intrepid Travel and Ben & Jerry's. Those companies have signed the Business for 75 open letter calling for ...

CBA appoints head of Australian economics

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Commonwealth Bank (CBA) has announced Belinda Allen will take on the role of head of Australian economics after Gareth Aird left the bank in July. Allen will be responsible for developing the bank's Australian economic forecasts, views on the Reserve ...

Former adviser back in Australia to face theft charges

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
... stealing. The funds she misappropriated were intended for clients' self-managed super funds but were instead deposited into a bank account in Pearson's business' name without their knowledge. It's also alleged Pearson told the clients the money had been ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
... underway, it said. The interim orders also bar Cotton and FMPE from incurring new liabilities or transferring monies in any bank account until further order, ASIC said. Cotton was notified of the court hearing but did not attend. A further hearing is ...

Perpetual flags $153.7m impairment

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Perpetual has flagged there will be a non-cash impairment charge of around $153.7 million, post-tax, in its FY25 results after completing impairment testing for the financial year. Perpetual said the non-cash charge includes an additional impairment ...

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
VG1 Partners Global Investments (VG1) appointed a new investment manager after booking an operating loss of $17.6 million and delivering net portfolio returns of -3% for the last financial year. Regal Partners appointed Paul Moore to be the investment ...

Mutual Trust appoints family office specialist

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2025
... based in Brisbane. Prior to joining the group, Bransgrove headed the family business network and worked at PwC and Macquarie Bank. She also mentored start-ups and co-founded her own, Bikey Wipes, which is a sustainability-led cycling start-up. "This ...