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Showing 1041 - 1050 of 3401 results for "Revenue"

BT un-aligns group insurance, awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... insurance for members. According to December's life insurance statistics from APRA, Westpac Life Insurance had a policy revenue of $984 million in 2019 and a net profit after tax of $157 million. AIA meanwhile failed to turn a profit in 2019, but is ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... "a strong case for reforming the GST and reducing our reliance on more harmful taxes, while re-directing a portion of revenue to lower income households so they do not bear the burden of reform". It recommended state treasuries develop projections of ...

Land tax, not stamp duty: Report

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
... strong case for reforming GST and reducing the nation's reliance on more harmful taxes, while re-directing a portion of revenue to lower income households so they do not bear the burden of reform. This would include scaling back inefficient taxes' including ...

Alan Dixon steps down at Evans Dixon

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
... total assets), and corporate and institutional business. In its first half results for FY20, Evans Dixon reported net revenue of $103 million, down 7% to previous financial year's first half. Statutory NPAT was $2.1 million, down 83% from previous corresponding ...

JBWere to add 50 to team

ELIZA BAVIN  |  FRIDAY, 3 JUL 2020
NAB has announced it is looking to boost its team at JBWere with the recruitment of 50 new bankers and financial advisers. NAB said the move is part of a strategy to provide high-net -worth clients with a single point of access for their financial needs. ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
... household spending and lift savings. Reduced household purchases would force businesses to lower selling prices to maintain revenue (at the very least) and reduce investment on plant, machinery and equipment staff - suggesting that the unemployment rate ...

Chant West, Zenith agree on acquisition

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
Chant West is shelving its legal proceedings against Zenith, as the latter comes back to the table on its planned acquisition, which will see Chant West chief executive Brendan Burwood exit the business. The two companies completed a business sales ...

New multi-boutique launches in Sydney

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... former Pengana, CFSGAM and Ascalon sales lead Damien Hatfield as head of distribution. It will partner with boutiques on a revenue share and/or equity ownership model. It is currently owned by LSL Partners, a principal investment firm supported by family ...

Calls to investigate treatment of AMP advisers

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
... BOLR agreements, which guarantee the value of AMP Financial Planning client books, reducing them from four times annual revenue to two and a half times annual revenue. "This decision has drastically devalued the businesses of many financial advisers," ...

Pendal adds SRI lense to multi-asset fund

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... will also exclude companies or issuers directly involved in a range of activities which account for 10% or more of total revenue. These include the production of alcohol, the manufacture or provision of gaming facilities, non-controversial weapons or ...