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Westpac Profit Slips 1% to $6.8B as RBA Lifts Rates
Westpac profit fell 1% to $6.8 billion in FY26 as costs, bad-loan charges and margins came under pressure. We explain the result, the 250 job cuts and the RBA rate hike to 4.85%.
Roche Share Price Dips After UBS Downgrade to Neutral
UBS cut Roche to Neutral on November 2 but raised its target to CHF 420. We explain why the Roche share price slipped to CHF 397.20, what giredestrant means and what analysts expect next.
Gold Price Today: Rebound From 1-Year Low in Swiss Francs
Gold bounced more than 2% on Monday after its lowest close in about a year. We look at the gold price in Swiss francs, why gold fell, Swiss export data, ETF flows and what UBS, Bank of America, HSBC and Goldman Sachs expect next.
WA TAB AUSTRAC Review: Money Laundering Fix Nears $11m
AUSTRAC’s two-year compliance assessment of Racing and Wagering WA has already pushed the TAB’s wagering costs up about $10.9 million in a year, mostly for anti-money laundering work. Here is what we know, how it compares with Perth Mint, Crown, Star, Tabcorp and Entain, and what it means for taxpayers and investors.
Family Trust Distribution Tax: ATO Chases Old Errors
The ATO is chasing family trust distribution tax over decades-old paperwork errors, with some families facing million-dollar bills. Here is how the 47% tax works, the June 2027 interest relief deadline, and the wider 30% trust tax fight.
Sanjeev Gupta: Creditors Chase His Fortune to Sydney
Creditors owed about $6 billion are now chasing Sanjeev Gupta’s personal fortune in Sydney. Here is what happened at Whyalla, Tahmoor and Liberty Bell Bay, and what comes next.
Retirement Planning Gap: Only 34% of Canadians Plan Ahead
A new CPP Investments survey shows a retirement planning gap: 76% of Canadians know people live longer, but only 34% plan for how long retirement could last.
McRib Lawsuit: Judge Lets McDonald’s Rib Meat Case Proceed
A Chicago federal judge refused to dismiss the McRib lawsuit, letting fraud and deception claims against McDonald’s move forward. Here is what it means.
Intel Stock Crashes Nearly 30% on Weak PC Outlook
Intel stock fell nearly 30% after a weak Q4 forecast, despite a strong quarter. Here is what drove the drop and what investors are watching next.