Latest Financial Services News

CAQ Holdings Limited’s shares remain suspended on the ASX following a delayed half-year report and serious financial concerns flagged by auditors. The company’s path back to trading remains uncertain.

betr Entertainment Limited has declared its off-market takeover offer for PointsBet Holdings Limited unconditional following key shareholder approvals, setting the stage for the offer’s scheduled close on 25 September 2025.

Trading in the Nanuk New World Fund (Currency Hedged) Active ETF has been temporarily halted, with personal trading also paused as investors await further details.

SPDR S&P/ASX 200 ETF (STW) has announced an estimated ordinary dividend of AUD 0.836278 per security for the quarter ending 30 September 2025, with a Dividend Reinvestment Plan available to investors.

Income Asset Management has resumed ASX trading after revealing a $1.5 million fraud involving a former employee, while assuring clients their assets remain secure under current custodianship.

Income Asset Management has uncovered suspected fraudulent transfers linked to a minority sub-custodian, confirming no client assets were compromised. The company is investigating further and will update the market soon.

Platinum Asset Management confirms the Independent Expert's valuation of its proposed merger with L1 Capital remains unchanged after reviewing updated financials, with the Board unanimously recommending shareholder approval.

Generation Development Group Limited has updated its Dividend Reinvestment Plan price to AUD 6.70 per share, accompanying a fully franked ordinary dividend of 1 cent per share for the half-year ending June 2025.

FSA Group Limited has priced its second asset-backed securities deal, raising $300 million secured by automobile and equipment receivables. The transaction, arranged by National Australia Bank, signals growing momentum in the company's securitisation strategy.

ASIC has imposed an interim stop order on the La Trobe Australian Credit Fund’s 12 Month Term Account due to alleged deficiencies in its Target Market Determination, pausing new investments while issues are addressed.

Resimac Group has successfully settled a A$1 billion non-conforming residential mortgage backed securities transaction, marking its second such bond issuance this year. The deal attracted strong domestic and offshore investor interest, reinforcing Resimac’s diversified funding strategy.

Challenger Limited has announced the Dividend Reinvestment Plan (DRP) issue price for its final 2025 dividend at $8.3615 per share, with a modest 2% participation rate leading to the issuance of approximately 266,000 new shares.