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Financial

Australian Shares Ease from Record High as Financials Weigh; CBA Leads Declines

Australian shares retreated on Wednesday from a record high set in the previous session, weighed down by losses in financial stocks, particularly Commonwealth Bank of Australia (CBA).

Sonal Goyal | 13 August 2025

Insurance Australia Group (ASX:IAG) Posts FY25 NPAT of AUD 1.36Bn, Increases Dividend

Insurance Australia Group Ltd (ASX:IAG) has reported its full-year results for FY25, with net profit after tax (NPAT) and insurance profit both rising year-on-year. The company also announced higher dividends and provided guidance for FY26, including the anticipated impact of upcoming acquisitions.

Team Kalkine | 13 August 2025

Australian Shares Hit Record High Ahead of RBA Decision

Australian shares reached a record high on Tuesday, supported by gains in financial and consumer discretionary sectors, while investors awaited the Reserve Bank of Australia’s (RBA) monetary policy announcement due later in the day.

Sonal Goyal | 12 August 2025

ASX Hits Record High as Lithium Stocks Surge on CATL Mine Suspension

Image source: © 2025 Krish Capital Pty. Ltd.HighlightsASX 200 hits record high at 8,852.30, driven by gains in lithium stocks.CATL halts production at major Chinese lithium mine, sparking double-digit rallies in Australian lithium miners.Financials edge higher ahead of key bank earnings, with Commonwealth Bank …

Sonal Goyal | 11 August 2025

QBE Insurance Reports Higher First-Half Profit and Premium Growth

QBE Insurance Group Ltd (ASX:QBE) has reported an increase in first-half profit and premium growth, supported by targeted expansion and a reduction in catastrophe-related claims. The insurer operates in 27 countries, including the United States, and remains on track with its full-year outlook.

Sonal Goyal | 08 August 2025

Infratil and NZ Superannuation Fund Announce Sale of RetireAustralia to Invesco Real Estate

Infratil and NZ Super to sell RetireAustralia to Invesco Real Estate for AUD 845 million.

Sonal Goyal | 08 August 2025

GQG Reports July Net Outflows of USD 1.4Bn; Share Price Falls 9.16%

GQG Partners Inc. (ASX:GQG) saw its share price drop 9.16% to AUD 1.84 per share on 8 August 2025 after reporting a decline in Funds Under Management (FUM) for July.

Sonal Goyal | 08 August 2025

Wesfarmers (ASX:WES) Crosses AUD 100Bn Valuation, Becomes Sixth ASX Hectocorn

Wesfarmers Ltd (ASX:WES)has officially entered the ranks of Australia’s most highly valued companies, surpassing a AUD 100 billion market capitalisation this week following a steady share price increase throughout 2025. The Perth-based conglomerate's shares have risen by roughly 25% so far this year, pushing …

Team Kalkine | 07 August 2025