AustraliaFinancial

The Australian Securities and Investments Commission has issued formal compliance reminders to 2,900 registered company auditors.

Financial services provider Praemium (ASX:PPS) increased its total funds under administration by 21.1% to $77.9 billion.

Change Financial (ASX:CCA) met its upgraded financial guidance for 2026 after delivering US$18.2 million in total revenue.

The CPSU urges the Federal Government to end KPMG audit contracts following internal data misuse and staff fines.

WT Financial Group (ASX:WTL) reported a 20% increase in full-year pre-tax net profit to $6.6 million.

Pioneer Credit (ASX:PNC) achieved a record unaudited net profit of $23.2 million and launched a $17 million capital raise.

London City Equities (ASX:LCE) posted a full-year net gain of $3.2 million in the prior year.

AMP (ASX:AMP) announced that its expected first-half underlying net profit after tax will reach between $180 million and $200 million for H1.

Netwealth Group (ASX:NWL) reached a record total funds under administration of $135.7 billion for the June 2026 quarter.

ASIC has determined that WealthHub Securities, owned by National Australia Bank (ASX:NAB).

L1 Group (ASX:L1G) increased its funds under management by 12.4% to $19.1 billion for the quarter ended June 30.

KPMG's (ASX:KPMG) Australia division plans to cut 200 to 1,000 staff roles and reduce partner distributions by up to 20%.