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Showing 1051 - 1060 of 6745 results for "Profit"

REA Group to acquire Mortgage Choice

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
... settlements of $11 billion in 2020 and in the six months to December 2020 it reported net revenue of $22.2 million and net profit of $4.1 million. The board of Mortgage Choice has unanimously recommended that shareholders vote in favour of the REA Group ...

AMP Capital spins off REIT

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... increasingly standalone business," AMP said in a statement. Following the implementation, AMP is expecting $80 million in profit from the transaction and will stop receiving management fees from Precinct, which AMP said will not impact ongoing earnings. ...

HGL acquires Supervised Investments

ELIZABETH MCARTHUR  |  FRIDAY, 26 MAR 2021
ASX-listed HGL has acquired fund manager Supervised Investments Australia. Supervised Investments already had an investment agreement with HGL for The Supervised Fund but operated under its own AFSL. Supervised Investments has been brought into the ...

Aware to restructure advice offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... on-demand advice has been a steady one, and with that in mind it's clear that the old model simply isn't sustainable. "As a profit-to-member fund we're doing the right thing by managing this proactively - including through the ongoing review of our advice ...

Rainmaker reveals 2021 AAA super products

JAMIE WILLIAMSON  |  TUESDAY, 23 MAR 2021
... now consider risk-adjusted performance in the main default investment choices. This year saw 149 products from not-for-profit funds and 49 from retail funds make the cut. Last year NFP funds accounts for 154 products and retail funds came in with 47. ...

Insider trading four times more common

ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
New research estimates that the actual prevalence of illegal insider trading is much higher than regulators think, at least four times greater than the number of prosecutions. The research was conducted by Vinay Patel and Talis Putnins from the University ...

Harvey Kalman to leave Equity Trustees

KANIKA SOOD  |  MONDAY, 22 MAR 2021
... revenue for the six months ending December 2020, largely in line with the revenue for the same period the previous year. Net profit was $9.8 million, down 14.5% over previous corresponding period.

Adamantem invests in carbon farming

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... meeting and even exceeding our ambitious impact goal together," Glenday said. "This investment recognises the value in the 'profit for purpose' goals that drive Climate Friendly's team and culture and which have been embraced by Adamantem."

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... to members are sustainable to ensure you can continue to rely on your insurance in your time of need," LGIA said. "As a profit-to-members fund we work hard to ensure that our members are sufficiently protected and that the premiums charged are competitive ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... announcement of the Your Future, Your Super reforms package. ISA had said the reforms package will benefit the big banks and for-profit super sector allowing them to take up to $10 billion a year in profit despite poor performance. The FSC has now hit ...