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Are Australia’s Dear Banks Set To Guard The Economic Growth While RBA Is In The Watch-Out Zone
March 22, 2019 10:17 PM AEDT| By Team Kalkine MediaAussie Banks seem to take the onus of Reserve Bank of Australia in uplifting the housing market as a sincere custodian of RBA’s monetary policy. It goes without saying that the Australian housing market is going through the severe adversity wi...
Platinum Asset Management Announces Change in Substantial Holding
March 22, 2019 09:53 PM AEDT| By Team Kalkine MediaThe asset management company, Platinum Asset Management Limited (ASX: PTM) has released a notice regarding a change of interest of its substantial shareholder. As per the notice, the company?s substantial Shareholders Mr. William Kerr Stephen Neilson...
Eclipx Group’s Shares Surged Up Over 2% On ASX Today
March 22, 2019 09:48 PM AEDT| By Team Kalkine MediaEclipx Group Limited (ASX: ECX) is one of the leading companies in the space of fleet management, diversified financial services, and vehicle fleet leasing in New Zealand and Australia. To benefit both investors and customers, Eclipx group focuses o...
Suncorp Group Announces Special Dividend Following The Sale Of Australian Life Business
March 22, 2019 05:50 PM AEDT| By Team Kalkine MediaFinancial service provider, Suncorp Group Limited (ASX: SUN) is going to pay a fully franked, special dividend of 8 cents per share in order to return around $100 million of capital to shareholders from the sale of its Australian Life Business. The...
All That Investors Need To Know About Global Fortune’s Recent Exploration And Cash Flow Results
March 22, 2019 05:19 PM AEDT| By Team Kalkine MediaGlobal Fortune Investment Limited (ASX: GFI) has recently published its Monthly Exploration Activities and Cashflow Reports from July 2018 to February 2019. It has also published Exploration Activities and Cashflow Report for the Quarter ended Decemb...
Janus Updates On-Market CDI Buy-Back Programme
March 22, 2019 05:00 PM AEDT| By Team Kalkine MediaJanus Henderson Group PLC (ASX: JHG) is in the financial sector and into the asset management business. Being a global leading active asset managing company, it supports its clients to achieve their long-term financial goals by providing access to a...
FlexiGroup’s Share Surged Around 1.47% On ASX Post $300 Mn ABS Pricing Announcement
March 22, 2019 03:14 PM AEDT| By Team Kalkine MediaFinance solution provider, FlexiGroup Limited (ASX: FXL) announced the pricing of A$300m asset-backed securities (ABS). It is originated by Certegy Ezi-Pay Pty Ltd (?Certegy?), a wholly owned subsidiary of FlexiGroup to support the pool of Australian...
Premier Investment achieves record revenue and profit during 1HFY19
March 22, 2019 02:31 PM AEDT| By Team Kalkine MediaPremier Investments Limited (ASX: PMV) today announced the record net profit after tax of $88.8 million, up 13.0%, for the first half of Fiscal 2019. Premier Retails? Earnings before interest and tax (EBIT) stood at $113.9 million, up 11.1% on the un...
State Street Global Advisors Estimated Distribution Announcement
March 22, 2019 02:23 PM AEDT| By Team Kalkine MediaSPDR S&P/ASX 200 Fund (ASX: STW) is an ETF which tracks the performance of the S&P/ASX 200 Index. The Fund will invest in the securities comprising the Index in proportion to their relative weightings. The Index is included of the 200 largest...
ZIP Co announces a new SPP, to raise up to $5 million
March 21, 2019 10:42 PM AEDT| By Team Kalkine MediaThe Sydney-based ZIP Co Limited (ASX: Z1P) is a buy-now-pay-later industry player that provides digital payment solutions to merchants, consumers, and small & medium enterprises across Australia and New Zealand. It operates under the completely d...
Fatfish’s Investee Company Announced A New Deal
March 21, 2019 07:20 PM AEDT| By Team Kalkine MediaFatfish Blockchain Limited (ASX: FFG) is an ASX listed company into venture investment and development work, functioning on a global scale. The company has global hubs in, Kuala Lumpur, Singapore and Stockholm. Due to an investment venture fund, the...
Clime Investment released its shareholder’s update for 1HFY19 results
March 21, 2019 06:30 PM AEDT| By Team Kalkine MediaClime Investment Management Limited (ASX: CIW) is an ASX listed diversified and independent fund manager in Australia. The company offers services like fund management, administration services, portfolio management services etc. to its global clients...
WHSP Reported Growth of 12.2% in its Regular profit for 1H FY19
March 21, 2019 02:13 PM AEDT| By Team Kalkine MediaAustralia-based investment house, Washington H. Soul Pattinson & Company Limited (WHSP) (ASX: SOL) has reported a growth of 12.2% in its regular profit for 1H FY19 as compared to 1H FY18. The group recorded regular profit after tax of $186.7 mill...
Viridian entered into an agreement to acquire part of Westpac’s BT Financial Advice business
March 20, 2019 10:17 PM AEDT| By Team Kalkine MediaOn 19 March 2019, Westpac Banking Corporation (ASX: WBC) announced changes in its wealth strategy which included realignment of its major BT Financial Group (BTFG) businesses, and exit of face-to-face personal financial advice in BTFG. Exiting the Ad...
RBA: Property Risks are not large enough to result in widespread problems in the Financial Sector
March 20, 2019 07:27 PM AEDT| By Team Kalkine MediaIn the past few years, RBA has many times highlighted the issue of household debt which could create a potential threat to financial stability as the household debt-to-income ratio has increased significantly from around 70% at the beginning of the 1...
OFX Group Expanding With Corporate Growth Above 10% Across All Markets
March 20, 2019 07:12 PM AEDT| By Team Kalkine MediaOFX Group Limited (ASX: OFX) is into providing online services for international payment to consumer and business clients under a single global brand, OFX. At OFX, it offers bank beating exchange rates and have waived the OFX transfer fee for some tr...
Partial Sale Of Shares In Platinum Asset Management Limited By Mr. Kerr Neilson And Mrs. Judith Neilson
March 20, 2019 05:22 PM AEDT| By Team Kalkine MediaFounded in 1994, Platinum Asset Management Limited (ASX: PTM) established itself as one of Australia?s most trusted managers? of international equities. The company is having a remarkable pool of talent, which is focusing on providing investors with...
Authorised Investment Fund Reports 214% Growth In Interim Profit For 1HFY19- All That You Need To Know
March 20, 2019 02:01 PM AEDT| By Team Kalkine MediaAuthorised Investment Fund?s strategy to invest in the high-growth companies has returned as massive as a 7 times increase in the valuation of investments. The positive momentum in investments has pulled the company?s interim profit up by giant 214%...
Eclipx Group Reported 42.4% Decline In NPATA, MMS Decided Not To Complete The Proposed Scheme
March 20, 2019 01:47 PM AEDT| By Team Kalkine MediaEclipx Group Limited (ASX: ECX) is a leading provider of fleet leasing, fleet management and diversified financial services in Australia and New Zealand. In an update provided on 20 March 2019, Eclipx Group Limited has informed that its NPATA has dec...
Westpac Banking Corporation Resets Its Wealth Strategy
March 19, 2019 07:46 PM AEDT| By Team Kalkine MediaAustralia?s leading bank, Westpac Banking Corporation (ASX: WBC) is resetting its wealth strategy to support its customer?s insurance, investment and superannuation needs. In an announcement made on 19 March 2019, the bank revealed that it is moving...
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