Latest Financial Services News

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Magellan Financial Group's assets under management fell to A$37.5 billion as of 31 March 2026, reflecting net outflows and market impacts across retail and institutional funds.
Claire Turing
Claire Turing
8 Apr 2026
BlackRock Investment Management (Australia) Limited has released estimated cash distributions for multiple Australian domiciled iShares ETFs, alongside key dates and investor instructions for the April 2026 distribution period.
Claire Turing
Claire Turing
7 Apr 2026
Pinnacle Investment Management Group Limited (ASX: PNI) has extended and increased its debt facility with the Commonwealth Bank of Australia from $100 million to $250 million, enhancing its financial flexibility for growth.
Claire Turing
Claire Turing
7 Apr 2026
Elanor Investors Group has completed documentation for a $125 million balance sheet recapitalisation with Rockworth Capital Partners, preparing to release HY26 financial results and advance leadership renewal and rebranding initiatives.
Eva Park
Eva Park
7 Apr 2026
ARC Funds Limited (ASX: ARC) has entered a conditional agreement to acquire a 25% minority equity interest in Ausbiz Group Pty Ltd by issuing over 8 million shares to Ausbiz shareholders, subject to customary conditions including shareholder approval.
Claire Turing
Claire Turing
7 Apr 2026
Bank of Queensland (ASX: BOQ) has announced a strategic capital partnership with Challenger Limited (ASX: CGF), involving a $3.7 billion whole-of-loan sale and a forward flow arrangement for equipment finance assets. The deal aims to optimise BOQ’s funding base, support SME equipment finance growth, and enable capital returns to shareholders.
Claire Turing
Claire Turing
7 Apr 2026
BNK Banking Corporation announces the planned departure of CEO Allan Savins, with CFO Steve Kinsella stepping in as interim CEO from April 2026. The leadership transition marks a pivotal moment for the bank amid its ongoing growth and turnaround.
Claire Turing
Claire Turing
2 Apr 2026
InvestSMART Group Limited has announced an on-market buy-back of up to 7 million ordinary shares, set to commence in April 2026 and run for a year. This move signals a strategic capital management effort without requiring shareholder approval.
Claire Turing
Claire Turing
2 Apr 2026
Fiducian Group Limited has responded to a sharp share price drop by denying any undisclosed information and downplaying the impact of new APRA licence conditions on its operations.
Claire Turing
Claire Turing
2 Apr 2026
Yugo Metals has appointed Petar Tomašević as its permanent CEO, following his interim leadership that saw significant project milestones. His international experience and regional insight position the company for accelerated growth in Europe's strategic metals sector.
Maxwell Dee
Maxwell Dee
2 Apr 2026
Following ASIC's final inquiry report, ASX unveils a comprehensive transformation plan focusing on governance, leadership, and risk management, alongside a significant capital charge.
Claire Turing
Claire Turing
2 Apr 2026
Betashares Capital Ltd has announced the Distribution Reinvestment Plan (DRP) issue prices for 30 of its ETFs for the March 2026 distribution period, with elections due by 7 April and unit issuance scheduled for 20 April.
Claire Turing
Claire Turing
1 Apr 2026