LA Private

October 2024

ANZ reveals accounting shifts post Suncorp acquisition

Earlier this year, on 31 July 2024, ANZ Group Holdings (ASX:ANZ) completed its acquisition of Suncorp Bank, a move that will significantly expand ANZ’s presence in Queensland. This acquisition incorporated Suncorp’s 1.2 million customers and 3,000 employees into ANZ’s operations. ANZ’s CEO Shayne Elliott said: “This strategically important acquisition boosts our presence in Queensland, adds scale […]

ANZ reveals accounting shifts post Suncorp acquisition Read More »

Cash Converters reports solid Q1 with shift to longer-term lending

Cash Converters International (ASX:CCV) has delivered positive Q1 results for FY2025, highlighting growth in its core segments. The company, well-known for its network of pawn shops, retail outlets, and consumer finance offerings, saw total revenue increase to $95.8m for the quarter ending 30 September 2024 — a 1% rise compared to the same period last

Cash Converters reports solid Q1 with shift to longer-term lending Read More »

The digital economy’s oil: Jonathan Belz on semiconductor investment strategies

Jonathan Belz, CEO and Co-Founder of BFA Global Investors, presents at the Semiconductor Australia 2024 conference. Citing examples like Nvidia’s rapid market cap increase, Belz discusses how AI, 5G, and data centres are shaping a new era for the sector.  Topics include:Investment insights: Belz shares insights from his 20-year career across Sydney, New York and

The digital economy’s oil: Jonathan Belz on semiconductor investment strategies Read More »

Positive trial results for PYC’s eye disease therapies

PYC Therapeutics (ASX:PYC) has announced significant progress in its efforts to develop RNA-based precision medicines for genetic diseases. The company is in the midst of clinical trials for its leading drug candidates targeting rare eye conditions, including Retinitis Pigmentosa type 11 (RP11) and Autosomal Dominant Optic Atrophy (ADOA). In a recent update, PYC reported positive

Positive trial results for PYC’s eye disease therapies Read More »

Judo Capital reports increased revenue despite competition

Judo Capital (ASX:JDO), an Australian bank specialising in lending to small and medium-sized enterprises (SMEs), has reported a solid year of financial performance, with a notable 9.5% increase in annual revenue for the fiscal year ending 30 June 2024. The bank’s revenue reached $326.6 million, driven by its focused lending strategy to underserved SMEs. Despite

Judo Capital reports increased revenue despite competition Read More »

Safe haven or risky bet? Gold struggles to find direction

Gold prices experienced notable fluctuations last week. Starting the week at US$2,722 per ounce on Monday, spot gold saw a rally in Asian and European sessions, reaching US$2,757.80, its all-time highest price, on Wednesday. It then encountered resistance from North American traders, dropping to US$2,710.90 on Thursday, as doubts over the precious metal’s short-term outlook emerged. This

Safe haven or risky bet? Gold struggles to find direction Read More »