Latest Financial Services News

AMP has reached an agreement in principle to settle a long-running class action over commissions paid between 2014 and 2021, agreeing to pay $29 million without admitting liability.

Rent.com.au has achieved a significant milestone with RentBond® annuity revenue exceeding $100,000 in a single month, driven by over $1 million in new loans and strategic capital moves that improve profitability.

Progress 2020-1 Trust has completed the redemption of its A$920 million Class A Floating Rate Notes, leading to their suspension and removal from the ASX Official List.

Assetora Limited has received a statutory demand for nearly $1 million from Specialised Investment and Lending Corporation, which it is vigorously disputing and legally challenging.

Bell Financial Group reports a strong turnaround with a 17% rise in profit before tax for the 11 months to November 2025, driven by growth across key divisions and a robust second half.

Stonepeak-Plus Infra Debt Limited has launched an offer for up to $300 million in unsecured, deferrable, floating rate notes, targeting infrastructure debt investments. The notes, to be listed on the ASX as SPPHA, aim to deliver monthly income linked to BBSW plus a margin, with a seven-year maturity.

BSP Financial Group has explained the late filing of a director’s shareholding change, attributing it to delayed confirmation from a financial advisor, while reaffirming its compliance policies.

Novatti Group’s investment in AUDC Pty Ltd, issuer of the AUDD stablecoin, has nearly doubled in value following a $5 million Pre-Series A funding round led by a major global institutional investor.

BlackRock Investment Management (Australia) Limited has announced the final cash distributions for three Australian iShares ETFs, with payments scheduled for mid-December 2025.

S&P Dow Jones Indices has revealed its December 2025 quarterly rebalance, introducing notable changes across major ASX indices that could reshape market dynamics ahead of the new year.

S&P Dow Jones Indices has announced its December 2025 quarterly rebalance, introducing notable additions and removals across key S&P/ASX indices effective December 22. The reshuffle highlights shifts in market dynamics with fresh entrants and exits in major Australian stock indices.

Assetora Limited has raised $500,000 through a private placement, issuing 3.57 million shares with options attached, signaling strong investor confidence in its alternative assets strategy.