Reporting Season

Portfolio Update – Macquarie Group

Macquarie Group (MQG): This morning, the global investment bank reported its first-half results for 2026, which were solid, with the mortgage bank and asset management offsetting losses in commodities. The HNW Portfolio has a 6% weighting to Macquarie Group. Key Points: [...]

2025-11-13T09:29:07+11:00November 7, 2025|

Reporting Season – Westpac Banking Corporation

Westpac Banking Corporation (WBC) released its full-year results for 2025, which were largely in line with market expectations albeit with a few pleasant surprises. Westpac is the first of the big four banks to report its full-year results this season, with [...]

2025-11-13T09:33:18+11:00November 3, 2025|

Reporting Season – Wesfarmers

Wesfarmers (WES) presented its full-year 2025 results, which were better than expected, demonstrating that WES's businesses are performing well and taking market share. WES shares were priced for perfection heading into the results, and that is largely what they delivered, something [...]

2025-11-13T10:42:39+11:00August 28, 2025|

Reporting Season – Medibank Private Ltd

Medibank Private (MPL): This morning, Australia's largest health insurer reported its full-year 2025 results, which showed that MPL's disciplined approach to volume growth has won over the long term. The HNW Portfolio holds a 3% in MPL. Key Points: Record Profits: Medibank recorded [...]

2025-11-13T10:41:18+11:00August 28, 2025|

Reporting Season – Sonic Healthcare Ltd

Sonic Healthcare (SHL). This morning, global pathology company SHL reported its full-year profit results, which were solid but a little below expectations. The HNW Portfolio has a 3.5% weight to Sonic. Key Points: Profits: Profits increased by +7% to $514 million but [...]

2025-11-13T10:36:10+11:00August 21, 2025|
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