Finance
Explore the latest finance news by Business Desk.
Property
ASB sees no sign of mortgage stress: Shortt
ASB has paid its parent, Commonwealth Bank of Australia, $975 million in dividends in the year ended June and plans to pay another $400m in September.
Law & Regulation
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Cigna breaches fair dealing rules
Cigna Life Insurance has admitted to misleading more than 52,000 customers.
Markets
Millennium & Copthorne upbeat on property development
The hotel operator recorded a net profit of $15.4 million for the six months to June 30.
ASB lifts annual net profit 11% after a tougher second half
While ASB’s statutory net profit was up, its second-half cash profit fell 9%.
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