Latest Australian Financial Sector News

Suncorp Group Limited has announced an on-market buy-back of up to $400 million worth of its fully paid ordinary shares, set to commence in late September 2025. The move signals a strategic capital return without requiring shareholder approval.

AMP Limited has announced an ordinary dividend of AUD 0.02 per share for the six months ending June 2025, with a 20% franking credit, payable in late September.

Auswide Bank has secured Treasurer approval for MyState Bank’s acquisition via a scheme of arrangement, setting the stage for a pivotal shareholder vote in early February.