es. Navigator Global Investments Ltd (ASX:NGI) has upgraded its earnings guidance for the financial year 2022 following a strong investment performance across its material portfolios in the first two months. Navigator is an over US$50b...
Highlights MA Financial has provided AU$37.5 million debt facility to Funding. Funding has identified a market need for short-term mortgage options that the large banks disregarded. Unlike some major banks, Funding’s average turnaround t...
es. While the Australian share market performed on a relatively stronger note in March, the earlier two months of the year had been uncertain for investors. Market sentiment remained low and volatility surged on account of the ongoing Russia-U...
Highlights AUB Group has verified that it is in discussions with Tysers to acquire the firm. AUB will be distributing dividend of AU$0.17 today. The 1HFY22 report indicates that AUB is focused on mergers and acquisition. Insurance broker,...
Highlights Pepper Money has signed binding agreements to obtain 65% interest in Stratton Finance Pty Limited for AU$78.0 million. The purchase is subject to FIRB (Foreign Investment Review Board) clearance and other customary conditions precede...
Australian asset manager Pendal Group Ltd (ASX:PDL) informed on ASX today (4 April 2022) that the company has received a takeover proposal from financial-services firm Perpetual Ltd (ASX:PPT). As per the statement, Perpetual proposed Pendal by way...
Highlights NAB outperformed the ASX 200 in terms of returns in March. The NAB share price grew over 10% last month. In March, NAB announced the completion of its AU$2.5 billion on-market share buyback. The National Au...
Highlights Magellan announced to make a retention payment to its employees along with its H1 FY22 results on 18 February 2022. On 31 March, Magellan’s prospectus was lodged with ASIC for the employee option issue. Magellan is currently f...
Shares of Fintech firm Change Financial Limited (ASX:CCA) jumped 14% after the business struck a financial deal with Mastercard, an American financial services business. Change Financial Limited is a global fintech that uses scalable and innovativ...
hs. The Budget 2022 announced a slew of economic measures which focused on cost-of-living support and tax offsets. It also sought to provide relief to the citizens by halving the fuel excise tax for six months. The real estate sector was also ...