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31 August 2021 • By Fergus Halliday • 1 min read

Banks moving to mimic neobanks with wellness tools

After being caught off guard by BNPL, banks are thinking more seriously about financial wellness. Australia’s big banks are increasingly moving to ...

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JobKeeper in firing line as it’s revealed $13bn went to profitable companies

Once a critical lifeline, now potentially the biggest budget dump in history – the government’s JobKeeper spend is at the centre of fierce criticism ...

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Westpac completes sale of mortgage insurance arm

Westpac has officially completed the sale of its mortgage insurance arm to a global specialist insurer. On Tuesday, the major bank confirmed the ...

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Perpetual’s AUM skyrockets as global asset evolution continues

After a fairly challenging first half, investment group Perpetual closed the financial year with a slight 9 per cent drop in net profit, largely owing ...

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Colonial First State cuts administration fees further

Colonial First State (CFS) has announced it will again cut the administration fee on its FirstChoice Employer Super. In a statement released this ...

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13 funds fail government’s inaugural performance test

APRA has released the results of its inaugural performance test, revealing that a total of 13 funds have failed to meet the objective benchmark

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CBA appoints non-executive director - 2021

CBA has announced the appointment of an independent non-executive director. Julie Galbo joins the Commonwealth Bank’s board of directors, effective ...

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Realside announces raft of senior appointments

Realside Financial Group has announced a number of new senior hires within the firm, stating that these have been necessitated by the firm’s rapid ...

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ESG-minded FMG elevates dividend as profits soar

The Australian mining giant has announced that it will pay out a dividend of more than $3.00 per share as profits before tax soar by over 90 per ...

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Crypto giant announces new CEO

Binance Australia on Monday announced the appointment of a new chief executive to the business. Binance is Australia’s largest crypto exchange by ...

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