ASX-listed Link is pursuing $75 million in cost cuttings for the year and plans to spin off its property settlements platform PEXA.
Investors were quick to sell off Challenger stock after the half-year results were a fizzer. But there is good news amid the ruin.
ASX-listed Link told the market it had beaten expectations when it reported its revenue guidance had changed from $594 million to $597 million for the half.
Macquarie's CEO Shemara Wikramanayake is not concerned about political turmoil in the United States,but said the bank is ready pounce if asset prices fall.
Global market volatility will rise if Trump wins a second term as the market has priced in a blue wave for Biden.
Westpac's CEO believes the bulk of customers who applied for loan relief will be back on track come January.
The deal will cement the big four banks'exit from the super industry following a long list of scandals and mounting customer remediation bills.
Investors are punting the listed property trusts will prove resilient to the pandemic-related headwinds that have cast a pall over retail and office landlords.
Defensive property assets are proving resilient in the face of the turmoil created by the pandemic.
Australia’s second largest mall landlord announces $1.8b full-year loss as social distancing measures to contain the pandemic eat into its rental income and property values.
The funds management titan has announced a foray into the passive investment market,as the popularity of exchange traded funds continues to grip the world.