Powered by MOMENTUM MEDIA
investor daily logo

News

default image

16 February 2023 • By Jon Bragg • 1 min read

Westpac backflips on regional branch closures

The big four bank has confirmed it will pause closures in regional areas in line with a request from the Senate committee on rural and regional ...

READ MORE
icon

‘Good news’ for the RBA as jobless rate rises above forecasts

The ABS has released its latest labour force data covering the first month of 2023. The Australian Bureau of Statistics (ABS) has reported that ...

READ MORE
icon

ASX’s profit plummets on CHESS derecognition charge

The market operator has released its half-year results and provided an update on the troubled CHESS replacement project. ASX has reported a ...

READ MORE
icon

NAB benefits from higher interest rate environment, reports higher revenue and profit

The bank has released its first quarter trading update. NAB has reported unaudited cash earnings of $2.15 billion for the December quarter, an ...

READ MORE
icon

Treasurer directs ACCC to initiative inquiry on deposit rates

The consumer watchdog will investigate how Australia’s banks set interest rates for their deposit products. The Australian Competition and Consumer ...

READ MORE
icon

CBA prospers from higher rates, reports $5.2bn half-year profit

The bank has released its results for the first half of the financial year. Commonwealth Bank has posted a cash net profit after tax of $5.15 ...

READ MORE
icon

‘Sharp price falls’ recorded in regional property markets

Australia’s most popular lifestyle markets have been hit the hardest by softer conditions and interest rate increases, according to analysis by ...

READ MORE
icon

Big 4 banks split on regional branch closures

While one major bank has committed to halting closures in regional areas while a Senate inquiry is undertaken, another is proceeding with closures ...

READ MORE
icon

Former CEO of collapsed ASX-listed company charged with insider trading

The former CEO of Big Un Limited has been charged. Richard Evans, the former chief executive officer of Big Un Limited, has appeared via his lawyer ...

READ MORE
icon

Challenger reports 56% drop in statutory NPAT

The investment management firm has issued its half-year results. Challenger has posted a 56 per cent fall in statutory net profit after tax (NPAT) ...

READ MORE