Latest Financial Services News

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AMP Limited is set to defend itself against a new class action alleging inflated life insurance premiums and a separate dispute over a major property sale, signaling potential challenges ahead for the financial services giant.
Claire Turing
Claire Turing
3 July 2025
FAR Limited shareholders receive clarity as the Australian Taxation Office confirms the recent 8-cent per share capital return is not a dividend for tax purposes.
Claire Turing
Claire Turing
2 July 2025
Keybridge Capital has obtained a $9.3 million bridge funding facility from Active Asset Management, supported by an ASX waiver allowing the deal without prior shareholder approval. The funding aims to address urgent liquidity and solvency challenges while trading remains suspended.
Claire Turing
Claire Turing
2 July 2025
JPMorgan Asset Management (Australia) Limited has announced the final cash distributions and reinvestment prices for several of its active ETFs for the financial year ended 30 June 2025, with payments scheduled for mid-July.
Claire Turing
Claire Turing
2 July 2025
Platinum Asia Investments Limited has announced a significant restructure via a scheme of arrangement, offering shareholders the chance to exchange shares for units in a new ETF, alongside a potential special dividend. The company has secured court approval and outlined a detailed timetable for the process.
Claire Turing
Claire Turing
2 July 2025
Platinum Capital Limited has secured a court date to progress its scheme of arrangement, offering shareholders a swap of shares for ETF units and a potential special dividend. Key dates and financial mechanics have been outlined ahead of the shareholder vote.
Claire Turing
Claire Turing
2 July 2025
Findi Limited is applying for two key licences from the Reserve Bank of India to expand its digital payments footprint, aiming to bridge the gap between cash and digital economies across India.
Claire Turing
Claire Turing
2 July 2025
Butn Limited has locked in a $100 million senior secured debt facility with Northleaf Capital Partners, marking a pivotal step in its growth strategy and refinancing existing debt.
Claire Turing
Claire Turing
2 July 2025
Washington H. Soul Pattinson has completed a major repurchase of its $450 million convertible notes, retiring nearly all outstanding debt and setting the stage for potential full redemption.
Claire Turing
Claire Turing
2 July 2025
Helia Group reveals ING Bank Australia will not renew its Lenders Mortgage Insurance contract beyond June 2026, prompting a strategic business review amid evolving market dynamics.
Claire Turing
Claire Turing
2 July 2025
BlackRock Investment Management (Australia) Limited has announced the Distribution Reinvestment Plan (DRP) prices for its suite of Australian-domiciled iShares ETFs for the June 2025 distribution period. The update includes detailed pricing across multiple funds and important investor compliance reminders.
Claire Turing
Claire Turing
1 July 2025
Findi Limited will have its trading suspension lifted on 2 July 2025 following the lodgement of its 2025 annual report, reopening its shares to market activity.
Claire Turing
Claire Turing
1 July 2025