Westpac Banking Corporation (ASX: WBC) has maintained that it’s tracking solidly within the framework of a slowing economy and competition from other banking institutions, as it reported a 16 percent drop in net profit (to $3.342 billion) for the first half of the 2024 financial year compared to the same time last year. There was however some growth from the second half of 2023, with net profits up 5% from that period. Competition within the mortgage sector was evident in the drop of core net interest margin (NIM) by 9 basis points year on year compared to the first half...…Westpac Banking Corporation (ASX: WBC) has maintained that it’s tracking solidly within the framework of a slowing economy and competition from other banking institutions, as it reported a 16 percent drop in net profit (to $3.342 billion) for the first half of the 2024 financial year compared to the same time last year. There was however some growth from the second half of 2023, with net profits up 5% from that period. Competition within the mortgage sector was evident in the drop of core net interest margin (NIM) by 9 basis points year on year compared to the first half...WW…

Investors can see presentations from 90 exploration and other resources-focussed companies at the RIU Resources Roundup in Sydney next week. It provides a unique opportunity for corporates, brokers, fund managers and retail investors to connect with executives from a slew of ASX-listed businesses. Altogether, more than 115 companies will be participating in this year’s event through either a presentation or exhibition booth. Organised by Vertical Events for the past 19 years, the Roundup had a record 2500 delegates last year – mostly from the investor and broker-fund...…Investors can see presentations from 90 exploration and other resources-focussed companies at the RIU Resources Roundup in Sydney next week. It provides a unique opportunity for corporates, brokers, fund managers and retail investors to connect with executives from a slew of ASX-listed businesses. Altogether, more than 115 companies will be participating in this year’s event through either a presentation or exhibition booth. Organised by Vertical Events for the past 19 years, the Roundup had a record 2500 delegates last year – mostly from the investor and broker-fund...WW…

Multi-mineral explorer Rincon Resources Ltd (ASX: RCR) believes that drill core picked up from a maiden program of work at its West Arunta project in Western Australia indicates potential for a major iron oxide copper gold (IOCG) deposit. The company finished up a two-hole drilling program at the Pokali prospect, with the second hole – drilled to 634 metres – intersecting multiple zones of moderate to strong magnetite alteration. Within this, they found quartz and sulphide veining with copper sulphide and other minerals, including an array of chalcopyrite, bornite, chalcocite, native copper...…Multi-mineral explorer Rincon Resources Ltd (ASX: RCR) believes that drill core picked up from a maiden program of work at its West Arunta project in Western Australia indicates potential for a major iron oxide copper gold (IOCG) deposit. The company finished up a two-hole drilling program at the Pokali prospect, with the second hole – drilled to 634 metres – intersecting multiple zones of moderate to strong magnetite alteration. Within this, they found quartz and sulphide veining with copper sulphide and other minerals, including an array of chalcopyrite, bornite, chalcocite, native copper...WW…