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Showing 81 - 90 of 3010 results for "Revenue"

Industrials company launches asset management arm

ANDREW MCKEAN  |  FRIDAY, 13 OCT 2023
... investors in the Vysarn funds." In an ASX announcement last month, Vysarn revealed that it generated $64.96 million in revenue for the 12 months to June 30, an increase of $18.66 million compared to the same period last year. The company also reported ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... would not only alleviate the liquidity stress for some members in the short term but is also likely to yield more tax revenue for the government over the medium to long term. "That's because this new tax will still be levied on capital gains, but only ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
Australian businesses and households are vulnerable to further shocks following high inflation and the tightening of monetary policy. According to the Reserve Bank of Australia's (RBA) most recent Financial Stability Review, the Australian business ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
The West Australian scheme is now offering members a dedicated ESG option, managed by Pendal. The Sustainable Balanced investment plan was made available to members of GESB Super, West State Super and Retirement Income Allocated Pension members on September ...

Insto injects further $530m in Qualitas

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... business. For the 2023 financial year, the ASX-listed firm saw its top and bottom-line surge by more than 80% year on year. Revenue jumped to $73.4 million while net profit after tax hit $22.5 million. Funds under management increased by 77% during the ...

PwC chief executives hold too much power: Review

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... firm. Independent thinking may not always be rewarded." Next, he highlighted that PwC places a disproportionate focus on revenue growth and market leadership as strategic imperatives. "In recent years, there has been considerable emphasis on firm growth ...

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... arbitrarily, without proper consultation, cut the amount it would pay exiting AMP advisers for their businesses from 4x recurring revenue to 2.5x, and an even lower multiple for grandfathered commissions, the TAA said. "Justice Moshinsky also found that ...

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
Count is making a play for Diverger, in a deal that will create an entity with $29 billion in funds under management and advice, and house 550 financial advisers. The two ASX-listed firms have entered into a binding scheme implementation deed in which ...

XV Capital plots expansion, fund launch

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
Sports investment firm XV Capital is planning a new sports tech fund and offices in the US and Europe, making a slew of appointments in support of the strategy. XV Capital was launched in 2020 by former Australian Rugby Union captain Stirling Mortlock ...

Global X launches cybersecurity ETF

CHLOE WALKER  |  WEDNESDAY, 13 SEP 2023
... of 0.47% per annum. BUGG tracks the Indxx Cybersecurity Index, targeting companies that derive more than half of their revenue from cybersecurity activities, including the development and management of security systems preventing cyberattacks to applications ...