Latest Banking News

News Corporation has announced a significant secondary offering of over 14 million Class B shares by key family trusts, signaling a notable insider sell-down without direct proceeds to the company.

Suncorp Group Limited has updated its dividend details for the first half of FY2025, confirming a fully franked dividend of 49 cents per share and revising the Dividend Reinvestment Plan price to $21.17.

360 Capital Mortgage REIT has introduced a voluntary Distribution Reinvestment Plan allowing unitholders to reinvest monthly distributions into additional units at net asset value without transaction costs. This move aims to enhance investor returns while maintaining capital preservation and transparency.

BHP Group Limited has updated its dividend notification, confirming a fully franked USD 0.60 per share dividend for the first half of 2025, with detailed currency conversion rates and multiple payment options.

ASX Limited has updated its dividend notification to include the New Zealand dollar exchange rate, NZD equivalent dividend amount, and the dividend reinvestment plan price for the first half of FY25.

Cann Group Limited has disclosed a late payment of over $1.37 million in interest and facility fees to National Australia Bank, which has issued a non-waiver letter but is holding off on immediate action. The company is actively negotiating financing arrangements and plans to update the market by the end of September 2025.

The Federal Court has dismissed most ASIC claims against Money3 Loans, a Solvar subsidiary, affirming its compliance with responsible lending standards while identifying limited breaches in a handful of consumer loans.

West Wits Mining has secured a $12.5 million USD loan facility from Nebari to fast-track development of its Qala Shallows Gold Project in South Africa, aiming for first gold production in early 2026.

Heartland Group Holdings updates its dividend distribution details for the first half of 2025, confirming an unfranked ordinary dividend and a supplementary dividend with a revised DRP strike price.

Gowing Bros Limited has locked in a $10.4 million financing facility from Commonwealth Bank to fund civil works and council contributions at its Sawtell Commons development.

BlackRock Investment Management (Australia) Limited has announced an estimated cash distribution of 31.1262 cents per unit for its iShares Core Cash ETF (ASX – BILL), with key dates set for early to mid-September 2025.

Wesfarmers Limited has updated its dividend details, confirming a fully franked ordinary dividend of AUD 1.11 per share payable on 7 October 2025, with shareholders able to receive payments in AUD, NZD, or GBP.