Latest Financial Services News

ASX has revealed it expects to incur an additional $25 million to $35 million in operating expenses in FY26 due to the ongoing ASIC compliance inquiry. Despite this, the company remains committed to its five-year strategy focused on technology and risk management.

WT Financial Group and its joint venture Investco have incorporated two new 'Hubcos' to consolidate advisory firms and pursue strategic acquisitions, marking a significant expansion in their financial advice platform.

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.

Finexia Financial Group has ended talks on a major disposal deal and is managing loan defaults with fresh collateral, while expanding its childcare lending strategy.

REA Group Ltd reported a robust FY25 with 15% revenue growth to $1.673 billion and a 23% rise in net profit, driven by strong Australian market performance and strategic AI investments. The company also advanced its India operations, focusing on Housing.com amid PropTiger divestment plans.

REA Group has reported a robust FY25 with strong revenue and profit growth, underpinned by solid Australian market performance and strategic moves in India. The company also announced a leadership transition amid optimistic FY26 guidance.

REA Group Ltd has reported robust FY25 results with a 15% increase in revenue and a 23% rise in core net profit, alongside a 31% lift in dividends. The company also announced the retirement of CEO Owen Wilson after a decade at the helm.

BlackRock Investment Management (Australia) Limited has announced the Distribution Reinvestment Plan (DRP) prices for three major Australian iShares ETFs for the July 2025 distribution period, alongside important investor compliance reminders.

Pinnacle Investment Management announces a fully franked dividend of AUD 0.27 per share for the half-year ending June 2025, offering shareholders a Dividend Reinvestment Plan with currency flexibility.

Pinnacle Investment Management Group Limited has delivered a robust financial performance for FY2025, with revenues and profits soaring and dividends increasing, signaling strong momentum in the asset management sector.

Credit Corp Group Limited has announced a fully franked ordinary dividend of AUD 0.36 per share for the six months ending June 2025, signaling steady returns for investors.

Credit Corp Group Limited reported a robust 14.6% revenue increase and an 85.6% jump in profit after tax for the year ended June 2025, alongside a significant dividend hike.