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FINANCIAL SECTOR News & Analysis

A famous tech bear changes his tune
Funds
A famous tech bear changes his tune
GQG Partners’ Rajiv Jain tells the Morningstar Investment Conference in Australia why he’s now overweight US tech mega caps and cut back...
James Gruber | 23 May 2023
Look to Credit Corp for a leading indicator of economic health: Reporting season roundup
Video
Look to Credit Corp for a leading indicator of economic health: Reporting season roundup
What Reporting Season August 2021 told investors about the health of the financials sector.
Emma Rapaport | 29 September 2021
5 stocks tipped to deliver solid dividends
Stocks
5 stocks tipped to deliver solid dividends
These companies spanning childcare, financials, listed property and fuel retailing are some of the highest dividend-yielding stocks under...
Glenn Freeman | 18 September 2019
CBA suspends mortgage broking demerger
Stocks
CBA suspends mortgage broking demerger
Commonwealth Bank is suspending the demerger of its mortgage broking and wealth management businesses to focus on customer remediation and...
AAP | 13 March 2019
RBA holds cash rate at 1.5pc for 31st month
Markets
RBA holds cash rate at 1.5pc for 31st month
The Reserve Bank has kept the official cash rate at a record low of 1.5 per cent despite noting Australian economic growth probably slowed in the...
AAP | 05 March 2019
OnePath deal overshadows IOOF's solid first-half result
Stocks
OnePath deal overshadows IOOF's solid first-half result
IOOF Holdings may have posted a 6pc rise in first-half profit but the result is overshadowed by uncertainty around its acquisition of OnePath, says...
Emma Rapaport | 20 February 2019
Fee pressure hits Netwealth's first-half result
Stocks
Fee pressure hits Netwealth's first-half result
Netwealth's 7 per cent share price jump following its first-half result is a sign the market is underestimating the threat of rising competition,...
Emma Rapaport | 18 February 2019
Few positives in Suncorp's 45pc profit dive
Stocks
Few positives in Suncorp's 45pc profit dive
A $60 million cost blowout in the wake of the Hayne inquiry and a $200 million reinsurance bill led Suncorp to the year-on-year interim profit slump.
Emma Rapaport with AAP | 14 February 2019
A tale of 2 financials: AMP down 97pc as Magellan lifts 62pc
Stocks
A tale of 2 financials: AMP down 97pc as Magellan lifts 62pc
Contrasting interim profit results from these two financial companies highlight the severe damage Hayne's royal commission findings inflicted on AMP.
AAP | 13 February 2019
BOQ boss resigns in wake of triple bypass
Stocks
BOQ boss resigns in wake of triple bypass
Bank of Queensland chief executive Jon Sutton has resigned to focus on his health following triple bypass surgery earlier this year.
Alex Druce | 04 December 2018