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15 November 2022 • By Jon Bragg • 1 min read

CBA posts $2.5bn quarterly profit

The big four bank has released its first quarter trading update. The Commonwealth Bank (CBA) has reported “strong financial and operational ...

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Global banking executives ‘cautiously optimistic’ about future

While being generally optimistic, executives are conscious of the risks that lay ahead. A new survey by Economist Impact has found that banking ...

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Major banks settle class actions over consumer credit insurance

Three settlements worth more than $126 million have been reached.  Slater and Gordon has announced it has reached settlements worth over $126 ...

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Is a recession in Australia inevitable?

Signs may be pointing to a sharp slowdown in the local economy next year. While Australia’s economic growth is expected to slow sharply next year, ...

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What the Origin bid means for Australia’s energy transition

The director of Clean Energy Finance believes that Brookfield’s takeover offer will crowd in a “huge amount” of global capital, putting Australia on ...

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Two more crypto ETFs set to exit the Australian market

The funds have received “limited demand” from investors since launching in June. After launching only five months ago, the 3iQ CoinShares Ether ...

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RBA tipped to begin cutting rates in second half of 2023

UBS has forecast 100 bps of cuts will kick off in the latter half of next year. To ensure a soft landing for the Australian economy, the Reserve ...

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Second class action launched against Blue Sky

Shine Lawyers has filed a class action in the Federal Court. Blue Sky Alternative Investments has become the subject of a second class action ...

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NAB reports $7.1bn cash profit, helped by higher interest rates

The big four bank has delivered its full-year results. NAB has posted an increase in cash earnings for the financial year ending 30 September to ...

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Australian crypto ETFs to be delisted

The crypto ETFs were among the first to be made available in Australia. Cosmos Asset Management is withdrawing its crypto-based ETFs from the Cboe ...

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