Financial Services

Stockbroking firm Argonaut has boosted its team with the addition of three recruits led by dealmaker Rob Telford while also reporting strong growth in operating revenue.

KPMG Australia will undergo a restructure of its legal arm by axing its separate commercial law practice, announcing the move a month after flagging hundreds of job cuts.

Multi-generational farming families are making the switch from custodians of land to stewards of wealth.

High interest rates, stubborn inflation and looming industrial relations battles are tipped to shape the year.

Perth fund Purpose Ventures led a $3 million raising for Victorian robotics company Andromeda.

The Reserve Bank of Australia has again held the country’s cash rate steady at 4.35 per cent, meeting economists’ expectations.

Treasurer Rita Saffioti and the Finance Sector Union have hashed out concerns over the impending closure of Bankwest branches and hundreds of job cuts.

A surge in private credit should have alarm bells ringing in WA, especially among those for whom the name “Rothwells” is triggering.

Beyond Bank Australia and Police & Nurses are heading towards a merger by next year, with their combined assets to be worth almost $20 billion.

Australia’s GDP had a modest rise in the March quarter but the country still experienced weak economic growth, the Australian Bureau of Statistics found.

Australian fintech junior Findi have posted a record 22 per cent lift in revenue driven by the strong performance of its core ATM business in India.

Rival fund managers are perplexed by the scale of the debt left by NWQ Capital Management, expressing surprise at the almost $20 million owed, including to four prominent Perth business figures.

Western Australia-focused corporate firm Euroz Hartleys has announced an improved net profit after tax, due to an uptake in equity capital market activities.

Investors in a product run by collapsed fund manager NWQ Capital Management are owed almost $1.6 million, after being given a guarantee of capital return following shocking losses.

A who's who of Perth’s legal, advisory and wealth management sectors have been caught up in the collapse of local fund manager NWQ Capital Management.

The Reserve Bank of Australia continues to hold the cash rate steady at 4.35 per cent at its third board meeting of the year.

The number of Australian companies hitting the wall is expected to exceed 10,000 by the end of the financial year, underpinned by the collapse of construction firms.

Major consulting firm EY has made another round of redundancies, cutting 148 roles from its Oceania financial services and consulting business.

The former chief financial officer at Nicola and Andrew Forrest’s private company has launched a new business offering family office services to high-net-worth women and their families.

The Commissioner of Taxation has warned small businesses to keep on top of their tax obligations as it cracks down on $50 billion worth of unpaid debts across the board.

Accounting firm Deloitte Australia has made a “small number of redundancies” across its national practice in response to challenging market and economic conditions.

Financial services provider Pioneer Credit will raise $10 million in a bid to further its growth opportunities throughout the remainder of the 2024 financial year.

Boutique Perth insolvency firm GTS Advisory has merged with national player Mackay Goodwin, marking the latter's expansion into the WA market.

A looming generational wealth transfer in regional Western Australia has prompted one of the state’s private wealth firms to expand its remit beyond the big smoke.

The Reserve Bank of Australia has held the cash rate steady at 4.35 per cent following its second board meeting of the year, its third consecutive pause in the current cycle.

Perth-founded Automic Group has become the top share registry provider in Australia after transferring the data from Advanced Share Registry, a business it acquired for $32 million.

ASX Limited has been fined more than $1 million after the corporate watchdog found the market operator breached a transparency rule 8,417 times.

Bankwest will close all branches and undertake a major redeployment of staff to ensure the 129-year-old bank can remain competitive in the digital age.

The nation’s economy grew 0.2 per cent in the December quarter but the country's annual GDP rose at the slowest rate since the pandemic, according to recent ABS data.

The Workforce Gender Equality Agency has published gender pay gap data on more than 400 WA private sector companies, shedding a light on remuneration disparities.

Federal Treasurer Jim Chalmers will take his time to consider ANZ's acquisition of Suncorp Bank, after a tribunal overruled the consumer watchdog's refusal of the $4.9 billion sale.

The Australian Securities and Investments Commission has permanently banned Yanchep-based financial adviser Mark Sebo after he was convicted of fraud.