Summary Pinnacle Investment Management witnessed its profits increase slightly in FY20. Announcing aa final dividend, the company maintained a similar level of full-year dividends paid in the previous year. Perpetual has recently completed a pl...
The stock market was sailing smoothly just before the COVID-19 pandemic took the world economies by surprise and forced the policymakers to take unprecedented actions, such as closing borders, enforcing stay at home and other social distancing meas...
Summary ETF investment is popular amongst investors who have limited funds to invest. Investment in ETFs provides cost-effective, easy trading marked with diversification and transparency. Vanguard's Australian Shares ETF offers low-cost and d...
Summary IOOF Holdings is stemming from the repercussions of Haynes Royal Commission under new leadership and plan. COVID 19 pandemic has impacted the company’s revenues and sparked outflow through early super access scheme. At the end of ...
Summary BNPL firms provide options to customers to pay later through an interest-free, transparent, and smooth checkout system. Splitit has reported strong growth in Q2 ended 30 June, with record merchant sales volume of USD 65.4 million, up 26...
Summary In the “Buy Now Pay Later” business model, the entire risk lies with BNPL players as the customer receives the merchandise or service real time, with the merchants receiving the entire payment within a stipulated time. Austr...
Summary APRA has announced updated capital management guidelines for insurers as well as banks. Earlier in April, the regulator strongly recommended deferring dividend payments due to uncertainty in the near-term outlook. ADIs or banks would no...
Summary Of late, Westpac has decided to move 1000 jobs from overseas to Australia, after international coronavirus control measures triggered significant delays in processing times for home loans. Implementing new roles is anticipated to take u...
Summary Earnings at the banking sector have taken a hit with stalling business activities leading to the mounting of bad debt and customers and directors availing moratoriums leading to decreased earnings In an uncertain future, Major banks are...
Summary Technology sector has emerged as a winner in this crisis and is now outperforming the benchmark. Likewise, the technology sector ETFs are also performing strongly and consistently with their indices. Technology ETFs provide low-cost exp...
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