Financial Services

Consumer Protection is investigating a ‘bogus’ investment company which is believed to have taken nearly $700,000 from Australians through its fake website.

Westpac's move to lift mortgage rates all but guarantees a Reserve Bank rate cut in November, Macquarie Bank says.

Corporate lawyer Derek La Ferla has been nominated for a position on the board of Kalgoorlie-based Goldfields Money, while chairman Allan Pendal has stepped down as chairman.

Macquarie Group is forking out $8.2 billion for a major car leasing and finance business from ANZ, and seeking financial support from shareholders to fund the deal.

Credit information provider Veda has backed a US takeover after the price tag was bumped up to $2.5 billion.

The surge in backdoor listings on the ASX hit new highs in the September quarter and is attracting more entrepreneurs with Silicon Valley experience.

A series of major trade sales and the prospect of one of WA’s biggest-ever IPOs were highlights in what remained subdued capital markets in the September quarter. Also in our special report, how a surge in backdoor listings is attracting Silicon Valley entrepreneurs.

The Australian share market has opened one per cent higher.

The share market has fallen one per cent in the final session of a tumultuous week, leaving it at levels close to where it was seven days ago.

The Australian share market has opened lower after Wall Street stocks struggle to makde any significant gains.

The Australian share market has closed higher for a second session in a row in the wake of positive overseas leads and better-than-expected Chinese manufacturing data.

A clean energy technology developed at the University of Western Australia with funding from Wesfarmers is the driving force behind Hazer Group, which is looking to secure up to $5 million as it prepares to list on the Australian Securities Exchange later this year.

ANZ Banking Group insists chief executive Mike Smith is stepping down on schedule after fulfilling a pledge to help David Gonski settle as chairman and give the bank time to identify his successor.

The Australian share market has got off to a firm start helped by gains in the US and Europe overnight as investors returned after recent heavy falls.

Teachers Mutual Bank had a 15.4 per cent uptick in net profit in the 12 months to June 30 after strong growth in deposits and its loan book.

The share market has recovered more than half of the $56 billion lost on Tuesday, as the mining giant at the centre of the plunge assured the world it is financially robust.

ANZ's most senior Perth-based female executive Cathryn Carver has resigned to take up a post in Sydney with banking rival NAB.

The Australian share market has opened sharply higher.

The Australian share market has plunged well over 3 per cent, pulled down mainly by a big sell-off of resources stocks, especially global miner BHP Billiton.

Perth based entities Primary Securities and GCM Advisory have launched Australia’s first Aboriginal investment fund, with an aim to provide 15 per cent returns and promote the growth of Aboriginal and Torres Strait Islander businesses.

The Australian share market has slumped in early trade, joining the overnight retreat by US and European equities on deepened worries about China's economy.

Heavy falls by energy stocks have pulled the share market lower, reversing early gains.

The Australian share market has opened higher.

Top Western Australian publicly listed companies with fewer women on boards than the national average may get the boost they need following the launch of a new club.

The Australian share market has closed nearly 1.5 per cent higher as bargain-hunters moved in to buy stocks beaten down on Wednesday.

The Australian share market has opened higher.

The share market has slumped 2 per cent to hit its lowest level in more than two years, as a fall in Chinese manufacturing activity stokes concerns about the global economy.

The Australian share market has opened more than one per cent lower following a negative lead from overseas and the ripple effect from the Volkswagen emissions scandal.

The Australian share market has finished higher despite losing much of its early morning gains as investors nervously wait for key Chinese economic data.

The Australian share market has opened higher.

The Australian share market has fallen sharply, following a steep decline in US markets prompted by concerns about global growth.

Credit provider and market debutant zipMoney says the amount of money it has lent to consumers has climbed 80 per cent in the past three months.