Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1041 - 1050 of 5658 results for "EARN"

Link flags PEXA listing

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform. Link, together with Morgan Stanley Infrastructure Partners and Commonwealth ...

Financial services workers hunt new roles

ELIZA BAVIN  |  TUESDAY, 23 FEB 2021
Most banking and financial services professionals in Australia are looking for a new job in 2021, according to the new Robert Walters survey. A whopping 65% of banking and financial services workers said they are searching for a new opportunity this ...

CountPlus profit down 53%

ANNABELLE DICKSON  |  TUESDAY, 23 FEB 2021
The ASX-listed advice and accounting group posted a significant drop in net profit from $11.9 million to $5.5 million in its half-year results. Released today, the results also show adjusted net profit attributable to shareholders jumped 65% to $4.1 ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
Three-in-five Australian publicly listed companies have either cut or withheld their dividends during 2020 as a result of COVID-19, a global dividend index shows. Between April and December 2020, Aussie firms either cut or cancelled dividend payments ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
Bank of Queensland has acquired industry super-owned ME Bank for $1.325 billion. The move sees BOQ acquire 100% of ME Bank for $1.325 billion cash, funded by an underwritten capital raising of $1.35 billion. The price represents 1.15 times ME's ...

360 Capital fund buys stake in NZ manager

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
... total funds under management. The sale price of NZ$17.5 million includes NZ$13.3 million in cash and NZ$4.2 million potential earn-out over two years based on key financial milestones. "In line with TOT's refined equity strategy, this investment provides ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
Netwealth's revenue from its cash transaction accounts could fall in the next year as the risk of ANZ Bank renegotiating the rate rises, according to Macquarie. Netwealth had $38.8 billion in total funds under advice at December end. Of this, about ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
There are clear opportunities to disrupt intra-fund and general advice that the industry is overlooking, shunning everyday Australians that need it most, according to superannuation experts. As the number of financial advisers continue to dwindle and ...

CFA unveils December exam results

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
Less than half of the candidates who sat the first stage of the rigorous CFA exam have passed, global results from the institute shows. The CFA Institute announced 12,806 of the 26,212 or 49% of Level I candidates passed their examination in the December ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...