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Showing 1001 - 1010 of 5658 results for "EARN"

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
Ahead of the federal budget tonight, there is already some good news for the superannuation sector and small businesses. Treasurer Josh Frydenberg has released details about a few initiatives that will be included in the budget. The government will ...

Pendal to acquire US firm, profit climbs

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
Pendal Group has announced its plans to acquire US-based investment firm Thompson, Siegel & Walmsley (TSW) as profit rose 8%, according to its half-year results. Pendal will purchase TSW for US$320 million ($414 million) which represents 7.6x the first ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
Wall Street benchmark equity indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added ...

CountPlus firm finalises merger

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
One of the ASX-listed advice and accounting group's member firms has acquired an accounting and superannuation specialist. Cooper Reeves and 4Front Holdings have merged and will now be rebranded to 4Front. CountPlus will sell its Cooper Reeves shares ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
Just when we thought Federal Reserve chair Jerome Powell has tapered sooner-than-later taper expectations, along comes Robert Steven Kaplan -- president and chief executive of the Federal Reserve Bank of Dallas. While the US Federal Reserve was waxing ...

Crescent Finance launches real estate funds

KANIKA SOOD  |  MONDAY, 3 MAY 2021
... on their investments. They will only receive their income and their capital back. As such, the Growth fund investors will earn all the capital gains proportionately alongside the actual end user customer - as such they will gain all the capital gains ...

ClearView appoints head of life strategy

KANIKA SOOD  |  MONDAY, 3 MAY 2021
ClearView Wealth has hired a former Zurich executive as its head of life strategy and transformation in a newly created role. Maria Falas was most recently Zurich Financial Services' head of mental health and wellness. She held the same role at ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive. In its half-year results, Westpac recorded a 189% ...

Westpac earnings take hit

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
The bank has announced a $282 million hit to its statutory profit after an increase in customer refunds, software write-downs and accounting losses, ahead of its interim results. Westpac recorded $220 million in customer refunds, payments, associated ...

Macquarie-linked fund manager shutters

KARREN VERGARA  |  MONDAY, 26 APR 2021
A global quant-driven fund manager that won a mandate with Macquarie four years ago to oversee its liquid alternative strategy has folded. Swedish fund manager Informed Portfolio Management (IPM), which at its peak had about $6 billion (SEK40bn) of ...