Latest Financial Services News

Challenger Limited’s attempt to acquire Pepper Money has been declined by Pepper’s board, while Challenger moves forward with a $150 million share buy-back program.

Steadfast Group Limited has confirmed a fully franked ordinary dividend of 8.2 cents per share for the six months ending December 2025, alongside an updated Dividend Reinvestment Plan price.

Region Group has extended its on-market securities buy-back program by 12 months, aiming to optimise its portfolio while maintaining capital for growth opportunities.

Klevo Rewards partners with Bybit to launch KLVAUD, an Australian dollar-backed stablecoin integrated with a Mastercard and a global rewards ecosystem. This move aims to transform everyday spending into digital asset rewards accessible worldwide.

Latitude Group Holdings Limited has launched an offer to raise approximately $100 million through Capital Notes 2, a new series of perpetual, subordinated, unsecured convertible notes. Existing Capital Notes 1 holders are invited to reinvest in the new notes, which feature discretionary quarterly distributions and potential conversion to ordinary shares.

Global X Management (AUS) Limited has announced estimated distribution amounts for a suite of ASX-listed ETFs for the quarter ending 31 March 2026, alongside key dates for investors to note.

Generation Development Group Limited updates its Dividend Reinvestment Plan price to AUD 3.86 per share for the upcoming fully franked dividend, signalling steady shareholder returns for the half-year ending December 2025.

Sequoia Financial Group has agreed to sell its financial planning arm InterPrac to Conquest Investment Partners for $50,000, following a strategic review that exposed significant challenges and asset write-downs.

Peppermint Innovation Limited reported a $1.27 million net loss for the half-year ending December 2025 while achieving key milestones including activation of national payment rails in the Philippines and settling a statutory demand that led to an ASX trading suspension.

Insignia Financial has secured a crucial regulatory approval from APRA, advancing the proposed acquisition by Daintree BidCo. The deal now moves closer to a shareholder vote scheduled for mid-April.

The Takeovers Panel has received a formal review application challenging its recent decision on Humm Group Limited, signaling potential further scrutiny of the corporate governance dispute.

WCM Global Growth Limited has successfully completed a significant capital raising, issuing nearly 48.5 million new shares and securing $84.8 million through entitlement, shortfall offers, and a placement.