Latest Financial Services News

Betashares Capital Ltd has announced the Distribution Reinvestment Plan (DRP) issue prices for 30 of its ETFs for the March 2026 distribution period, with elections due by 7 April and unit issuance scheduled for 20 April.

Betashares Capital Ltd has announced the Distribution Reinvestment Plan (DRP) issue prices for its Australian High Interest Cash ETF and Cash Plus Active ETF for the March 2026 distribution period. Investors must submit DRP elections by 7 April 2026, with unit issuance scheduled for 13 April.

CVC Limited has addressed ASX concerns over a delayed Appendix 3Y filing related to director John Leaver’s interest change, attributing the delay to administrative oversight while affirming existing compliance policies.

Latitude Group Holdings has lodged a replacement prospectus for its Capital Notes 2 offer, revealing an increased offer size and updated margin following a completed bookbuild.

Rent.com.au has expanded its senior debt facility to $15 million and extended its term, fueling record growth in its RentBond® loan product and enhancing profitability through increased cash funding.

Betashares Capital Ltd has announced the final distribution amounts for March 2026 across multiple ETFs on the ASX AQUA market, alongside details on the active Distribution Reinvestment Plan (DRP). Investors can expect payments in April with reinvestment prices to be revealed shortly.

Kina Securities Limited has adjusted its FY25 net profit after tax downward by PGK6.1 million following auditor discussions, though the company’s cash flow and 2026 outlook remain unaffected.

Count Limited has announced a strategic acquisition of Oracle Group, significantly expanding its financial advice and wealth management footprint across Australia. The deal is backed by a $40.9 million equity raising to support growth ambitions.

Tyro Payments welcomes the Reserve Bank of Australia's reforms to merchant card payment costs, highlighting opportunities from increased transparency and competition. The changes, effective from October 2026, align with Tyro’s transparent pricing model and do not affect its near-term guidance.

Challenger Limited has welcomed APRA’s new capital framework for longevity products, set to ease capital requirements and reduce risk for providers, supporting Australia’s evolving retirement income market.

Magellan Financial Group has successfully completed its $20 million Share Purchase Plan, attracting applications worth over $129 million and prompting a pro-rata scale-back for larger investors.

Fiducian Investment Management Services Limited has reached a heads of agreement with ASIC to resolve civil proceedings over misleading disclosures in its Diversified Social Aspirations Fund. The settlement includes a $7.3 million penalty and legal costs, pending court approval.