The West Perth financial planning firm of banned advisor Rhys James Rolls Reilly has collapsed into liquidation, six months after corporate regulators expelled him from the industry.
P&N Bank has recorded a $30 million profit in FY26, which the Perth-based business says provided a solid foundation to progress its merger Bank Australia.
Jay Hughes will return to Euroz Hartleys as non-executive chairman once its $145 million corporate finance division sale is complete, while a new CEO will join the ranks.
IAG has offered to sell part of its existing WA business and make insurance available in the north of the state as it seeks regulatory approval for its purchase of RAC Insurance.
Australia's second-largest not-for-profit health fund, HBF, has delivered a net profit after tax of $128.2 million for the year, supported by a growing national footprint.
Directors at Perth stockbroker Euroz Hartleys have given the green light for the sale of its corporate finance division to the Bank of Montreal in a deal worth $145 million.
Perth stockbroker Argonaut has more than doubled its profit result off the back of strong capital markets activity after raising $2.6 billion for clients during the year.
KPMG, which has been embroiled in an audit and whistleblower scandal, will cut more than 350 jobs after a fall in revenue in its main consultancy business.
Big four accounting firm PwC's Perth managing partner Martina Crowley will be retiring from the firm in November after three years in the top Western Australian position.
A litigation funder has failed to recover $7 million from the Australian Taxation Office in a dispute involving a construction company's liquidation more than 10 years ago.
Commonwealth Bank has announced an annual cash net profit of $11 billion, which was just above market expectations, while warning that the economy is slowing.
Federal Labor policy changes for capital gains tax concessions and negative gearing appear to have prompted a decline in mortgage applications, Westpac says.
Wall Street giant Bank of America has set its sights on Perth, relocating a senior Sydney banker to establish a permanent presence in the mining capital.
The Reserve Bank governor says interest rates may need to go higher, as Australia's weak productivity problem locks households in for lower living standards.
The financial watchdog has banned two Perth advisors for three years after losing a Federal court case regarding an unpaid Australian Financial Complaints Authority determination.
The leader of Australia's biggest investment bank has announced her retirement as the group prepares to face questions over everything from its executive pay packages to the financing of fossil fuel projects.
A former Sterling First director has been allowed to travel overseas with conditions to ensure he returns to WA, as a trial over the collapsed company's operation looms.
Miner Black Cat Syndicate is complaining to the Australian Securities and Investments Commission after launching an integrity and restraint action against broker Barclays.
WA Insolvency Solutions' partners have been appointed to eight local subsidiaries of EV Metals Global amid the battery chemicals group's international restructuring.