Latest Australian Banking News

JPMorgan Asset Management has announced estimated September 2026 cash distributions for six of its equity premium income ETFs, with payments scheduled for mid-October.

Perenti Limited has agreed to sell its equipment rental and parts sales business BTP Group for A$100 million, reflecting a strategic portfolio shift. The transaction will result in a significant non-cash loss in FY26 but frees capital for higher-return mining contracts.

BSP Financial Group has reported an 8.4% increase in net profit to K620 million for the first half of 2026, driven by a 17.7% surge in revenue and supported by a strong capital position and strategic investments.

Suncorp Group has updated its dividend details for the half-year ending June 2026, declaring a fully franked total dividend of 62 cents per share payable in Australian or New Zealand dollars with a reinvestment plan available.

JPMorgan Asset Management confirms final cash distributions and reinvestment prices for six Equity Premium Income ETFs for August 2026, following recent structural changes in four funds.

Regal Asian Investments (ASX:RG8) posted a stellar FY26 with a net profit after tax of $124.8 million, driven by a 52.6% net portfolio return and a 10 cent fully franked final dividend, reflecting strong exposure to Asian semiconductors amid the AI boom.

JPMorgan Asset Management has revised the estimated cash distributions for its four Equity Premium Income Complex ETFs for August 2026, with payments scheduled mid-month.

HSBC Bank Australia has struck a deal to offload its AUD36 billion home and personal loan book to Blackstone-managed funds, marking a strategic retreat from retail lending and a reshaping of its Australian operations.

Pepper Money is set to become the servicer for a massive A$36 billion loan portfolio from HSBC Australia following its acquisition by a Blackstone-controlled entity, aligning with Pepper Money's strategy to expand its capital-light servicing business.

Barramundi’s portfolio returned a solid 3.8% gross gain in Q2 2026, driven by strong AI-related infrastructure plays and takeover interest in key holdings, despite sector volatility and profit downgrades in healthcare and logistics.

Income Asset Management Group (ASX:IAM) closed FY2026 Q4 with a record $2.12 billion in trade turnover and resolved key fraud and litigation matters, while its Managed Discretionary Account grew to $23 million.

BlackRock Investment Management (Australia) has announced the final cash distribution amounts for a broad suite of iShares ETFs, with payments scheduled for 13 July 2026.