Western Australian wages grew at a rate faster than any other jurisdiction in the country in the June quarter, according to Australian Bureau of Statistics data.
Financial services is at an inflection point, as nearly a decade of major regulatory and technological change reshapes the sector, according to the leader of key professional body Financial Services I
Euroz Hartleys has reported a “solid” annual profit in a difficult market while also announcing inaugural director Jay Hughes has retired from the board after 23 years.
Bankwest will shut the doors of three of its Perth metro branches by the end of the year due to the stores becoming “increasingly unsustainable” to operate amidst a shift to digital banking.
West Perth-based fund manager NWQ Capital Management has been suspended by the financial services watchdog from providing financial services or raising money for two of its funds.
Sydney-based boutique corporate adviser amicaa is angling for a slice of the action on the west coast, stationing ex-Hall & Prior director David Holmes as the local lead.
The Reserve Bank of Australia has held the nation’s cash rate steady for the month of August, its first consecutive pause since April last year, citing economic uncertainty.
A high-profile broker, boutique fund manager, lithium executives and media outlets have been dragged into a defamation action brought by a pair of prominent Perth resources directors.
The mining sector recorded the largest fall in business turnover for the second month in a row, according to new statistics from the Australian Bureau of Statistics.
The Reserve Bank of Australia has offered mortgage holders some relief after it held the nation’s cash rate target at 4.1 per cent following its July meeting today.
The nation’s retail turnover rose a moderate 0.7 per cent in May supported by discount shopping and higher food-related spending, according to the Australian Bureau of Statistics.
WA’s mining sector employees experienced the largest drop in pay in April following a round of bonuses in the previous month despite the state leading annual wages growth.
The nation’s investor landscape is increasingly being made up of women and young people while less Australians are investing in residential property, according to the ASX’s latest report.
The national unemployment fell by 0.1 percentage point in May, a shift that could count against mortgage holders hoping for cash rate relief from the Reserve Bank in July.
Liquidators of Chris Marco’s property are seeking repayment from several people and a company they believe received funds from the unregistered investment scheme.